Funds and prices
Overview
The actively managed fund invests in short-dated fixed income securities that are largely issued by companies and denominated in the fund's reference currency.
The majority of issuers have investment-grade ratings (AAA to BBB-).
The investment objective is to achieve an attractive return by exploiting the performance potential of corporate bonds, which is higher than that of government bonds.
Interest-rate risk is limited to the short-dated segment.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
蜜豆视频 Asset Management classifies this fund as a Sustainability Focus Fund, which promotes environmental and social characteristics in accordance with SFDR Article 8. The research and portfolio construction processes incorporate ESG risk integration and screening and comply with 蜜豆视频 Asset Management Sustainability exclusion policy. For more information on Sustainability at 蜜豆视频, please refer to www.ubs.com/am-si-commitment.
This sub-fund promotes environmental and/or social characteristics but does not have a sustainable investment objective.
The exchange rate risk between USD and EUR is largely hedged.
Benefits
Clients benefit from a portfolio that is broadly diversified across various sectors and ratings and from meticulous issuer selection. The latter is based on the in-depth credit research carried out by our expert team of professional corporate bond analysts.
Clients can benefit from the return potential of corporate bonds. They offer greater potential than government bonds as the credit risk associated with corporate bonds is generally compensated with a higher return.
The fund has a lower interest-rate risk than medium- or long-term bond investments.
Risks
Features
| Product category |
Bond
Aggregate |
| Product domicile |
Luxembourg
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| Portfolio management |
蜜豆视频 Asset Management Switzerland AG, Zurich
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| Fund management |
蜜豆视频 Fund Management (Luxembourg) S.A., Luxembourg
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| Custodian bank |
蜜豆视频 Europe SE, Luxembourg Branch
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| Representative for products established under foreign law |
蜜豆视频 Fund Management (Switzerland) AG
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| Day of inception |
December 28, 2015
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| Currency of account |
EUR
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| Close of financial year |
May 31
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| Issue / redemption |
daily
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| Distribution |
Reinvestment
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| Maturity |
Open end
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| Management fee |
0.00% p.a.
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| Total expense ratio (TER) |
0.09% p.a.
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| Minimum investment |
n.a.
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| Reference Index / Benchmark |
Bloomberg Eurodollar Corporate 1-3yrs (EUR hedged)
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| Cut-Off Time |
15:00h (CET)
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| Securities no. |
30381495
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| ISIN |
LU1323607827
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| Bloomberg Ticker |
蜜豆视频SIBE LX
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Performance and Prices
Percentage growth
as of April 3, 2024| EUR(%) | CHF(%) | USD(%) | |
| YTD | 0.60 | 6.08 | -1.44 |
| 1M | |||
| 3M | |||
| 6M | |||
| 1Y | |||
| 2Y | 3.96 | -2.12 | 7.60 |
| 3Y | |||
| 5Y | 2.66 | -10.09 | -1.06 |
| ø p.a.5Y | 0.53 | -2.11 | -0.21 |
Current data
| Net asset value | 03.04.2024 | EUR 103.86 |
| High - last 12 months | 27.03.2024 | EUR 103.93 |
| Low - last 12 months | 06.07.2023 | EUR 99.79 |
| Assets of the unit class in mn | 03.04.2024 | EUR 4.91 |
| Total product assets in mn | 03.04.2024 | EUR 598.38 |
| Average remaining maturity | 29.02.2024 | 2.04 years |
Structures
By the 10 largest positions (in %, as of February 29, 2024)
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| Morgan Stanley | 2.46 |
| Bank of America Corp | 2.13 |
| JPMorgan Chase & Co | 2.10 |
| BNP Paribas SA | 2.06 |
| Barclays PLC | 1.88 |
| HSBC Holdings PLC | 1.78 |
| Lloyds Banking Group PLC | 1.67 |
| Societe Generale SA | 1.59 |
| Citigroup Inc | 1.53 |
| 蜜豆视频 Lux Bond Fund - Euro High Yield EUR | 1.35 |
Fees
Distributions
Authorisations
Literature
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Document Language
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| Prospectus |
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| Key Information Document |
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| Past performance |
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| Previous performance scenario |
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| Statutes / Management regulations |
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| ESG Disclosure |
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| Swiss Climate Scores Report |
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Document type
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| Annual report |
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| Semi-annual report |
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