Funds and prices

Overview

The actively managed fund seeks attractive total return by investing in a diversified portfolio of Chinese equities and fixed income.

Investment is approximately 50% in Chinese equity and 50% in Chinese Fixed Income.

Actively seizes promising market opportunities via selection of individual stocks and bonds as well as by allocation between the equity and fixed income asset classes.

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.

The fund invests without any benchmark restrictions. The performance of the fund is not benchmarked against an index.

Benefits

Participate in the growth and increasing internationalization of the Chinese economy and markets via select investments in both fixed income and equities.

The portfolio is adjusted to market conditions to proactively include the most interesting opportunities.

Investors can rely on an experienced local portfolio management team with a proven track record.

Risks

Investments in China may be affected by legal uncertainties or other accompanying factors related to the political situation and economic and regulatory developments in China, and may entail additional risks and volatility. The fund may be subject to withholding and other taxes imposed in China. Tax laws, regulations and practice in China are subject to change and may be amended with retrospective effect. Investments in RMB involve the risk that Chinese government’s currency control and future movements in exchange rates may adversely affect the fund's value. The fund may use derivatives which may result in additional risks (particularly counterparty risk). Every fund has specific risks, which can significantly increase under unusual market conditions. This share class (mdist) may make monthly, gross-of-fee distributions. As a consequence, in addition to income, this share class may also distribute capital. This can have negative tax consequences for investors in some jurisdictions. Investors should seek their own tax advice.

Features

Product category
ÃÛ¶¹ÊÓƵ Asset Allocation Funds
ÃÛ¶¹ÊÓƵ Emerging Markets Allocation Funds
Product domicile
Luxembourg
Portfolio management
ÃÛ¶¹ÊÓƵ Asset Management (Hong Kong) Ltd., Hong Kong
Fund management
ÃÛ¶¹ÊÓƵ Fund Management (Luxembourg) S.A., Luxembourg
Custodian bank
ÃÛ¶¹ÊÓƵ Europe SE, Luxembourg Branch
Representative for products established under foreign law
ÃÛ¶¹ÊÓƵ Fund Management (Switzerland) AG
Day of inception
August 16, 2019
Currency of account
USD
Close of financial year
September 30
Issue / redemption
daily
Maturity
Open end
Management fee
0.88% p.a.
Total expense ratio (TER)
1.18% p.a.
Swing pricing
yes
Minimum investment
n.a.
Securities no.
49278846
ISIN
LU2037085722
Bloomberg Ticker
UBAOUQU LX

Performance and Prices

Percentage growth

as of April 3, 2024
Cumulative
USD(%)
YTD 1.42
1M
3M
6M
1Y
2Y -8.85
3Y
5Y
ø p.a.5Y -8.63

Current data

Net asset value 03.04.2024 USD 54.39
High - last 12 months 17.04.2023 USD 63.94
Low - last 12 months 22.01.2024 USD 50.93
Last distribution 14.03.2024 USD 0.27
Assets of the unit class in mn 03.04.2024 USD 9.23
Total product assets in mn 03.04.2024 USD 951.89
Statistical data
Date
2 years
5 years
Sharpe Ratio 29.02.2024 -0.82 n.a.
Risk Free Rate 31.03.2024 4.15% 2.15%

Structures

Fees

Flat fee
1.10%
Management fee p.a.
0.88%
Redemption commission
0.00%
Issuing commission
2.00%
Swiss federal stamp duty
0.15%
Distribution fee
(see info)

Distributions

From
01-Nov-2020
To
01-Nov-2021
Date of distribution
Pay date
Cps no.
Currency
Distribution
11.04.2023 14.04.2023 43 USD 0.31 10.05.2023 15.05.2023 44 USD 0.30 12.06.2023 15.06.2023 45 USD 0.28 10.07.2023 13.07.2023 46 USD 0.29 10.08.2023 15.08.2023 47 USD 0.30 11.09.2023 14.09.2023 48 USD 0.29 10.10.2023 13.10.2023 49 USD 0.28 10.11.2023 15.11.2023 50 USD 0.27 11.12.2023 14.12.2023 51 USD 0.28 10.01.2024 16.01.2024 52 USD 0.27 19.02.2024 22.02.2024 53 USD 0.26 11.03.2024 14.03.2024 54 USD 0.27

Authorisations

Country of distribution
Representative / Information
Austria
Ernst & Young Steuerberatungsgesellschaft m.b.H. Wien
Belgium
BNP PARIBAS Securities Services
Finland
ÃÛ¶¹ÊÓƵ AG, Stockholm
France
BNP PARIBAS Securities Services
Germany
ÃÛ¶¹ÊÓƵ Europe SE
Greece
Bank of Cyprus Ltd.
Italy
ÃÛ¶¹ÊÓƵ Asset Management SGR S.p.A.
Liechtenstein
Liechtensteinische Landesbank AG
Luxembourg
ÃÛ¶¹ÊÓƵ Fund Services (Luxembourg) S.A.
Netherlands
ÃÛ¶¹ÊÓƵ Investment Bank Nederland BV.
Spain
ÃÛ¶¹ÊÓƵ Europe SE, sucursal en España
Sweden
ÃÛ¶¹ÊÓƵ AG, Stockholm
Switzerland
ÃÛ¶¹ÊÓƵ Fund Management (Switzerland) AG
United Kingdom
ÃÛ¶¹ÊÓƵ Asset Management (UK) Limited

Literature

Brochures
Document type
Document Language
Fact Sheet
3-pager Constant distributing share classes
Fact Sheet - ÃÛ¶¹ÊÓƵ Asset Allocation Funds
Fact Sheet - ÃÛ¶¹ÊÓƵ Emerging Markets Allocation Funds
Agreement / Prospectus
Document type
Document Language
Prospectus
Key Information Document
Past performance
Previous performance scenario
Statutes / Management regulations
Annual and semi-annual report (accounting on September 30)
Document type
Document Language
Annual report
Semi-annual report
General information
Document type
Document Language
ÃÛ¶¹ÊÓƵ Funds - Your funds at a glance
Tax list