Funds and prices
Overview
The actively managed fund invests globally and flexibly in a diversified range of mainly high-quality bonds, equities as well as alternative investments, including hedge funds
The equity exposure varies decisively depending on the market situation and will normally be within a range of 0% and 40%. In deteriorating investment environments, the model reduces risk in the portfolio by lowering equity exposure. In improving investment environments the model increases equity exposure.
The fund relies on the proprietary and quantitative 蜜豆视频 GWM CIO World Equity Market model to determine the equity allocation and thereby aims to avoid human decision error or bias.
The U.S. high-grade and liquidity allocation is duration managed and adjusted to a short, neutral or long duration position to reflect the prevailing interest rate environment.
The fund invests without any benchmark restrictions. The performance of the fund is not benchmarked against an index.
Owing to the varying mixed asset allocation, this fund could be treated in specific phases as a bond fund for tax purposes in the UK. Investors should therefore contact a tax advisor.
Benefits
蜜豆视频 Systematic Allocation Portfolio funds invest flexibly across asset classes on a global basis.
The sub-fund participates in equity markets via a flexible equity allocation with the aim to reduce drawdowns during significant bear markets accompanying economic downturns.
Potential to provide appealing risk-adjusted returns over a full market cycle, by capturing significant and longer-lasting bull and bear markets in equities.
Systematic asset allocation process ensures investment discipline and aims to avoid emotional biases which is particularly important for a strategy with such wide allocation ranges.
Investment decisions are based on an investment philosophy and fundamental research.
Risks
Features
| Product category |
蜜豆视频 Asset Allocation Funds
蜜豆视频 Systematic Allocation Portfolio Funds |
| 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 |
May 31, 2017
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| Currency of account |
USD
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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 |
1.06% p.a.
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| Total expense ratio (TER) |
1.62% p.a.
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| Swing pricing |
yes
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| Minimum investment |
n.a.
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| Cut-Off Time |
13:00h (CET)
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| Securities no. |
36415751
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| ISIN |
LU1599185649
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| Bloomberg Ticker |
USADEPU LX
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Performance and Prices
Percentage growth
as of April 2, 2024| USD(%) | |
| YTD | 3.07 |
| 1M | |
| 3M | |
| 6M | |
| 1Y | |
| 2Y | 7.58 |
| 3Y | |
| 5Y | 5.47 |
| ø p.a.5Y | 1.07 |
Current data
| Net asset value | 03.04.2024 | USD 112.34 |
| High - last 12 months | 28.03.2024 | USD 112.61 |
| Low - last 12 months | 30.10.2023 | USD 103.02 |
| Assets of the unit class in mn | 03.04.2024 | USD 109.09 |
| Total product assets in mn | 03.04.2024 | USD 439.10 |
Structures
Fees
Distributions
Authorisations
Literature
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| Prospectus |
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| Key Information Document |
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| Annual report |
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| Semi-annual report |
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| 蜜豆视频 Funds - Your funds at a glance |
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| Tax list |
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