Funds and prices
Overview
The actively managed fund invests worldwide in emerging markets, using a disciplined, fundamental investment process based on bottom-up stock selection.
The fund follows a focused investment strategy that incorporates the best long term ideas of an experienced team of emerging markets equity specialists.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
The exchange rate risk between USD and EUR is not hedged.
Benefits
Very active concentrated portfolio of top conviction stock ideas of the investment team.
High flexibility to take focused views on significant opportunities that seek to provide higher returns.
Unconstrained by the reference index.
Risks
蜜豆视频 Emerging Market Funds invest in equities and may therefore be subject to high fluctuations in value. As these 蜜豆视频 Funds pursue an active management style, each Fund's performance can deviate from that of its reference index. Investors should also be aware of the political and social challenges that emerging markets face. 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).
Features
| Product category |
Equity
Global |
| 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
|
| Regulation |
UCITS
|
| Legal form |
Unlimited
|
| Day of inception |
September 18, 2017
|
| Currency of account |
EUR
|
| Close of financial year |
May 31
|
| Issue / redemption |
daily
|
| Maturity |
Open end
|
| Flat fee |
0.85% p.a.
|
| Management fee |
0.68% p.a.
|
| Total expense ratio (TER) |
0.88% p.a.
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark |
MSCI Emerging Markets Index (net div. reinv.) in EUR
|
| Cut-Off Time |
15:00h (CET)
|
| Securities no. |
37791278
|
| ISIN |
LU1662453890
|
| Bloomberg Ticker |
蜜豆视频GIA3 LX
|
Performance and Prices
Percentage growth
as of April 2, 2024
Cumulative
| EUR(%) | CHF(%) | USD(%) | |
| YTD | 4.13 | 9.28 | 1.49 |
| 1M | |||
| 3M | |||
| 6M | |||
| 1Y | |||
| 2Y | 4.04 | -2.04 | 7.69 |
| 3Y | |||
| 5Y | 3.50 | -9.64 | -0.42 |
| ø p.a.5Y | 0.69 | -2.01 | -0.08 |
Current data
| Net asset value | 03.04.2024 | EUR 101.12 |
| High - last 12 months | 03.04.2024 | EUR 101.12 |
| Low - last 12 months | 30.10.2023 | EUR 90.09 |
| Last distribution | 04.08.2023 | EUR 1.96 |
| Assets of the unit class in mn | 03.04.2024 | EUR 59.59 |
| Total product assets in mn | 03.04.2024 | EUR 494.73 |
Statistical data
|
Date
|
2 years
|
5 years
|
|
| Total risk reference index / benchmark | 29.02.2024 | 15.51% | 15.76% |
| Sharpe Ratio | 29.02.2024 | -0.56 | 0.03 |
| Risk Free Rate | 31.03.2024 | 2.23% | 0.61% |
Structures
By the 10 largest positions (in %, as of February 29, 2024)
|
|
|
| Taiwan Semiconductor Mfg | 9.95 |
| Samsung Electronics Co | 7.62 |
| Tencent Holdings Li (Cn) | 5.34 |
| Reliance Industries | 5.21 |
| Grupo Fin Banorte O | 4.72 |
| Pdd Holdings A Adr | 4.45 |
| Kweichow Moutai A (Hk-C) | 4.34 |
| Hdfc Bank | 3.74 |
| Bank Central Asia | 3.57 |
| Axis Bank | 3.55 |
Fees
Flat fee
0.8500%
Management fee p.a.
0.6800%
Distributions
From
01-Nov-2020
To
01-Nov-2021
|
Date of distribution
|
Pay date
|
Cps no.
|
Currency
|
Distribution
|
| 01.08.2023 | 04.08.2023 | 6 | EUR | 1.96 |
Authorisations
Literature
Brochures
Agreement / Prospectus
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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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| ASIP ESG Report |
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Annual and semi-annual report (accounting on May 31)
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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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