Funds and prices
Overview
The actively managed fund invests principally in USD-denominated corporate bonds with AAA/BBB- rating.
The fund aims to primarily exploit investment opportunities available from ratings-, sector allocation and from issuer selection, while specifically aiming for a well-balanced diversification of individual holdings.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
This sub-fund promotes environmental and/or social characteristics but does not have a sustainable investment objective.
Benefits
Clients benefit from the return potential of corporate bonds, which is higher than that of government bonds.
Active portfolio management ensures that particular attention is paid to the prevailing economic situation, sector selection and issuers' credit ratings.
Risk is kept in check via meticulous company analysis and broad diversification of the portfolio.
The fund is particularly appropriate for clients with a medium-term investment horizon who are willing to take on more risk than for investments in government bonds in order to benefit from potentially attractive returns.
Risks
Features
| Product category |
Bond
Corporates |
| Product domicile |
Luxembourg
|
| Portfolio management |
蜜豆视频 Asset Management (Americas) LLC, New York
|
| 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 |
October 31, 2022
|
| Currency of account |
USD
|
| Close of financial year |
May 31
|
| Issue / redemption |
daily
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| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Management fee |
0.24% p.a.
|
| Total expense ratio (TER) |
0.41% p.a.
|
| Minimum investment |
n.a.
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| Reference Index / Benchmark |
Bloomberg US Intermediate Corporate
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| Cut-Off Time |
15:00h (CET)
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| Securities no. |
37082616
|
| ISIN |
LU1630042247
|
| Bloomberg Ticker |
UBIGIA3 LX
|
Performance and Prices
Percentage growth
as of April 3, 2024| USD(%) | CHF(%) | EUR(%) | |
| YTD | 0.01 | 7.64 | 2.08 |
| 1M | |||
| 3M | |||
| 6M | |||
| 1Y | |||
| 2Y | 7.54 | -2.17 | 3.90 |
| 3Y | |||
| 5Y | |||
| ø p.a.5Y |
Current data
| Net asset value | 03.04.2024 | USD 110.56 |
| High - last 12 months | 01.02.2024 | USD 111.17 |
| Low - last 12 months | 19.10.2023 | USD 103.00 |
| Assets of the unit class in mn | 03.04.2024 | USD 1.06 |
| Total product assets in mn | 03.04.2024 | USD 1,693.09 |
Structures
By the 10 largest positions (in %, as of February 29, 2024)
|
|
|
| Bank of America Corp | 4.32 |
| JPMorgan Chase & Co | 2.97 |
| Morgan Stanley | 2.89 |
| General Motors Financial Co Inc | 2.14 |
| Citigroup Inc | 2.14 |
| Goldman Sachs Group Inc/The | 1.82 |
| Truist Bank | 1.57 |
| Warnermedia Holdings Inc | 1.54 |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 1.17 |
| BP Capital Markets PLC | 1.10 |
Fees
Distributions
Authorisations
Literature
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Document type
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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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Document Language
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| Annual report |
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| Semi-annual report |
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