Funds and prices
Overview
The actively managed fund invests primarily in securities denominated in USD and local currencies issued by Asian economies/borrowers (ex Japan).
Country selection, credit ratings and interest rate and currency risks are actively managed in order to benefit from market volatility.
When markets are rising, the fund aims to achieve relatively high returns, whereas it proactively reduces and/or hedges high-risk assets to protect against price losses in anticipation of a downswing.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
Benefits
This diversified bond portfolio can be used to participate in the opportunities on the Asian market for fixed-income securities.
The fund is actively managed in accordance with market conditions. This allows the portfolio to be dynamically adjusted throughout market cycles.
Risks
Features
Product category |
Bond
Aggregate |
Product domicile |
Luxembourg
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Portfolio management |
ÃÛ¶¹ÊÓƵ Asset Management (Hong Kong) Ltd., Hong Kong
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Fund management |
ÃÛ¶¹ÊÓƵ Fund Management (Luxembourg) S.A., Luxembourg
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Custodian bank |
ÃÛ¶¹ÊÓƵ Europe SE, Luxembourg Branch
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Representative for products established under foreign law |
ÃÛ¶¹ÊÓƵ Fund Management (Switzerland) AG
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Day of inception |
September 24, 2018
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Currency of account |
USD
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Close of financial year |
March 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) |
0.15% p.a.
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Swing pricing |
yes
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Minimum investment |
n.a.
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Reference Index / Benchmark |
JP Morgan Asia Credit Index
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Cut-Off Time |
15:00h (CET)
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Securities no. |
43633482
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ISIN |
LU1881004490
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Bloomberg Ticker |
ÃÛ¶¹ÊÓƵFIBA LX
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Performance and Prices
Percentage growth
as of April 3, 2024USD(%) | CHF(%) | EUR(%) | |
YTD | 1.61 | 9.36 | 3.71 |
1M | |||
3M | |||
6M | |||
1Y | |||
2Y | 5.13 | -4.36 | 1.57 |
3Y | |||
5Y | 0.33 | -8.82 | 4.11 |
ø p.a.5Y | 0.07 | -1.83 | 0.81 |
Current data
Net asset value | 03.04.2024 | USD 107.86 |
High - last 12 months | 28.03.2024 | USD 108.31 |
Low - last 12 months | 23.10.2023 | USD 98.91 |
Assets of the unit class in mn | 03.04.2024 | USD 30.31 |
Total product assets in mn | 03.04.2024 | USD 343.20 |
Option Adjusted Duration | 29.02.2024 | 4.38 |
Average remaining maturity | 29.02.2024 | 6.42 years |
Date
|
2 years
|
5 years
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Total risk reference index / benchmark | 29.02.2024 | 7.49% | 6.25% |
Sharpe Ratio | 29.02.2024 | -0.64 | -0.24 |
Risk Free Rate | 31.03.2024 | 4.15% | 2.15% |
Structures
By the 10 largest positions (in %, as of February 29, 2024)
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ÃÛ¶¹ÊÓƵ Lux Bond SICAV - Asian Investment Grade Bonds Sustainable USD | 5.26 |
Indonesia Government International Bond | 3.96 |
ÃÛ¶¹ÊÓƵ HK Fund Series - Asia Income Bond USD | 3.50 |
Standard Chartered PLC | 2.93 |
Philippine Government International Bond | 2.16 |
Tencent Holdings Ltd | 1.82 |
Pertamina Persero PT | 1.72 |
Shinhan Financial Group Co Ltd | 1.51 |
Petronas Capital Ltd | 1.41 |
State Grid Overseas Investment BVI Ltd | 1.29 |
Fees
Distributions
Authorisations
Literature
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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ASIP ESG 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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