Funds and prices

Overview

The actively managed fund is focused on capturing growth and income opportunities predominantly from Europe.

It invests predominantly in European equities, high yield corporate bonds and convertible bonds.

Each asset class weighting is kept at approximately one third.

The portfolio manager is not tied to the benchmark in terms of investment selection or weight.

The exchange rate risk between EUR and USD is largely hedged.

Benefits

Equities, high yield corporate bonds and convertible bonds offer a compelling combination of growth and income opportunities with favorable risk/return characteristics.

Diversification across each asset class at approximately one third reduces overall risk.

Managed by a dedicated team of experts who can draw upon ÃÛ¶¹ÊÓƵ Asset Management's experienced European investment teams.

Risks

This fund value may fluctuate given its equity exposure and is also impacted by changes in interest rates due to its fixed income holdings. The fund focuses intentionally on European assets, which may entail additional risks and volatility. All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. The fund can use derivatives, which may result in additional risks (particularly counterparty risk). This share class (mdist) may make monthly, gross-of-fee distributions. As a consequence, in addition to income, this share class may also distribute capital. This can have negative tax consequences for investors in some jurisdictions. Investors should seek their own tax advice.

Features

Product category
ÃÛ¶¹ÊÓƵ Asset Allocation Funds
ÃÛ¶¹ÊÓƵ European Growth and Income Fund
Product domicile
Luxembourg
Portfolio management
ÃÛ¶¹ÊÓƵ Asset Management (UK) Ltd., London
Fund management
ÃÛ¶¹ÊÓƵ Fund Management (Luxembourg) S.A., Luxembourg
Custodian bank
ÃÛ¶¹ÊÓƵ Europe SE, Luxembourg Branch
Representative for products established under foreign law
ÃÛ¶¹ÊÓƵ Fund Management (Switzerland) AG
Day of inception
October 21, 2015
Currency of account
USD
Close of financial year
September 30
Issue / redemption
daily
Maturity
Open end
Management fee
0.81% p.a.
Total expense ratio (TER)
1.06% p.a.
Swing pricing
yes
Minimum investment
n.a.
Reference Index / Benchmark
Customized Benchmark
Securities no.
28334252
ISIN
LU1240794542
Bloomberg Ticker
UEGQMDU LX

Performance and Prices

Percentage growth

as of April 2, 2024
Cumulative
USD(%)
YTD 3.65
1M
3M
6M
1Y
2Y 12.64
3Y
5Y 32.63
ø p.a.5Y 5.81

Current data

Net asset value 03.04.2024 USD 108.52
High - last 12 months 28.03.2024 USD 108.72
Low - last 12 months 27.10.2023 USD 100.22
Last distribution 20.03.2024 USD 0.50
Assets of the unit class in mn 03.04.2024 USD 0.45
Total product assets in mn 03.04.2024 USD 465.56
Indicative equity dividend yield (gross) 29.02.2024 3.22%

Structures

By the 10 largest equity positions (in %, as of February 29, 2024)

 
 
NESTLE SA 0.90
NOVO NORDISK A/S 0.85
ASML HOLDING NV 0.78
LVMH MOET HENNESSY LOUIS VUITTON SE 0.73
SAMPO OYJ 0.67

Fees

Flat fee
1.01%
Management fee p.a.
0.81%
Redemption commission
0.00%
Issuing commission
2.00%
Swiss federal stamp duty
0.15%
Distribution fee
(see info)

Distributions

From
01-Nov-2020
To
01-Nov-2021
Date of distribution
Pay date
Cps no.
Currency
Distribution
17.04.2023 20.04.2023 88 USD 0.53 15.05.2023 18.05.2023 89 USD 0.58 15.06.2023 20.06.2023 90 USD 0.57 17.07.2023 20.07.2023 91 USD 0.58 16.08.2023 21.08.2023 92 USD 0.58 15.09.2023 20.09.2023 93 USD 0.57 16.10.2023 19.10.2023 94 USD 0.57 15.11.2023 20.11.2023 95 USD 0.47 15.12.2023 20.12.2023 96 USD 0.48 16.01.2024 19.01.2024 97 USD 0.49 15.02.2024 20.02.2024 98 USD 0.49 15.03.2024 20.03.2024 99 USD 0.50

Authorisations

Country of distribution
Representative / Information
Luxembourg
ÃÛ¶¹ÊÓƵ Fund Services (Luxembourg) S.A.
Switzerland
ÃÛ¶¹ÊÓƵ Fund Management (Switzerland) AG

Literature

Brochures
Document type
Document Language
Fact Sheet
3-Pager Monthly Distributing Share Classes
Fact Sheet - ÃÛ¶¹ÊÓƵ Asset Allocation Funds
Fact Sheet - ÃÛ¶¹ÊÓƵ European Growth and Income Fund
Agreement / Prospectus
Document type
Document Language
Prospectus
Key Information Document
Past performance
Previous performance scenario
Statutes / Management regulations
Annual and semi-annual report (accounting on September 30)
Document type
Document Language
Annual report
Semi-annual report
General information
Document type
Document Language
ÃÛ¶¹ÊÓƵ Funds - Your funds at a glance
Tax list