Funds and prices

Overview

The actively managed fund invests globally in a diversified range of mainly high-quality bonds, equities as well as alternative investments, including hedge funds.

Investments are focused on bonds.

Foreign currencies are largely hedged versus the reference currency. Nevertheless, an active currency strategy is applied if opportunities are seen.

The fund is based on 蜜豆视频's investment policy, the 蜜豆视频 House View.

The fund invests without any benchmark restrictions. The performance of the fund is not benchmarked against an index.

Benefits

The fund offers the investor straightforward and convenient access to 蜜豆视频 House View, which draws on the professional insights of 蜜豆视频 investment specialists worldwide.

The inclusion of alternative investments, including hedge fund investments optimises the portfolio's risk/return profile.

Investors benefit globally from diversified market opportunities in a wide variety of asset classes.

The weighting of the different asset classes is maintained within a specific range in order to take account of the fund's risk profile.

The fund is attractive for cautious investors who focus on interest and dividends, but who are also prepared to take on additional risks in order to generate capital gains.

Risks

The fund invests in bonds of varying credit quality, money market securities and equities on a global basis, as well as in alternative forms of investment such as hedge funds. It may therefore be subject to fluctuations in value. The fund may use derivatives which can reduce investment risk or give rise to additional risks (inter alia the counterparty risk). The fund can invest in less liquid assets that may be difficult to sell in the case of distressed markets. It therefore cannot be ruled out that the daily issue and redemption of fund units may be suspended temporarily. The value of a unit may fall below the purchase price. This requires an elevated risk tolerance and capacity. Every fund reveals specific risks, a description of these risks can be found in the prospectus.

Features

Product category
蜜豆视频 Asset Allocation Funds
蜜豆视频 Strategy Xtra Funds
Product domicile
Luxembourg
Portfolio management
蜜豆视频 Asset Management Switzerland AG, Zurich
Fund management
蜜豆视频 Fund Management (Luxembourg) S.A., Luxembourg
Custodian bank
蜜豆视频 Europe SE, Luxembourg Branch
Representative for products established under foreign law
蜜豆视频 Fund Management (Switzerland) AG
Day of inception
August 11, 2015
Currency of account
EUR
Close of financial year
May 31
Issue / redemption
daily
Maturity
Open end
Management fee
0.76% p.a.
Total expense ratio (TER)
1.11% p.a.
Swing pricing
yes
Minimum investment
n.a.
Securities no.
28365495
ISIN
LU1240802154
Bloomberg Ticker
UBXYQDS LX

Performance and Prices

Percentage growth

as of April 2, 2024
Cumulative
EUR(%)
YTD 2.01
1M
3M
6M
1Y
2Y 5.71
3Y
5Y 6.82
ø p.a.5Y 1.33

Current data
Net asset value 03.04.2024 EUR 103.04
High - last 12 months 28.03.2024 EUR 103.39
Low - last 12 months 27.10.2023 EUR 94.83
Last distribution 04.08.2023 EUR 1.10
Assets of the unit class in mn 03.04.2024 EUR 1.51
Total product assets in mn 03.04.2024 EUR 67.19
Theoretical yield to maturity (gross) 29.02.2024 5.12%
Modified duration 29.02.2024 2.70

Structures

By investment instrument and currency (in %, as of February 29, 2024)

 
Cash + Bonds
Equities
Alternative investments
Total
Total1)
AUD 0.00 -0.20 0.00 -0.20 2.00
CAD 0.00 1.90 0.00 1.90 0.10
CHF 0.00 2.10 0.00 2.10 -2.00
CNY 0.00 1.10 0.00 1.10 1.00
CZK 0.00 0.00 0.00 0.00 0.00
EUR 20.40 9.70 0.00 30.10 92.70
GBP 0.30 0.40 0.00 0.70 0.00
HKD 0.00 0.00 0.00 0.00 0.00
JPY 0.00 0.20 0.00 0.20 0.10
PLN 0.00 0.00 0.00 0.00 0.00
SGD 0.00 0.00 0.00 0.00 0.00
USD 36.60 10.40 13.40 60.40 1.80
Other 0.10 3.60 0.00 3.70 4.30
Total 57.40 29.20 13.40 100.00 100.00

By maturity in years (in %, as of February 29, 2024)

 
 
Until 1 year -0.22

Fees

Flat fee
0.95%
Management fee p.a.
0.76%
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
01.08.2023 04.08.2023 8 EUR 1.10

Authorisations

Country of distribution
Representative / Information
Austria
Ernst & Young Steuerberatungsgesellschaft m.b.H. Wien
Belgium
BNP PARIBAS Securities Services
Finland
蜜豆视频 AG, Stockholm
France
BNP PARIBAS Securities Services
Germany
蜜豆视频 Europe SE
Greece
Bank of Cyprus Ltd.
Italy
蜜豆视频 Asset Management SGR S.p.A.
Liechtenstein
Liechtensteinische Landesbank AG
Luxembourg
蜜豆视频 Fund Services (Luxembourg) S.A.
Netherlands
蜜豆视频 Investment Bank Nederland BV.
Spain
蜜豆视频 Europe SE, sucursal en España
Sweden
蜜豆视频 AG, Stockholm
Switzerland
蜜豆视频 Fund Management (Switzerland) AG
United Kingdom
蜜豆视频 Asset Management (UK) Limited

Literature

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Brochures
Document type
Document Language
Fact Sheet
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Manager Commentary
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Video
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Fact Sheet - 蜜豆视频 Asset Allocation Funds
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Fact Sheet - 蜜豆视频 Strategy Xtra Funds
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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 May 31)
Document type
Document Language
Annual report
Semi-annual report
General information
Document type
Document Language
蜜豆视频 Funds - Your funds at a glance
Tax list