Funds and prices
Share class
Morningstar Rating
Bloomberg Ticker
UBCOUIA LX
NAV
64.92
03.04.2024
YTD
-4.61%
as of 03.04.2024
3M
-3.08%
as of 03.04.2024
1Y
-19.42%
as of 03.04.2024
Share Class name
蜜豆视频 (Lux) Equity Fund - China Opportunity (USD) I-A2-acc
Overview
Very actively managed equity fund based on a concentrated equity portfolio investing in selected Chinese companies
The manager is given great flexibility to take focused views on the most attractive stocks and exploit the best opportunities, unconstrained by the reference index.
Diversified across sectors offering broad coverage of the Chinese market
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
Benefits
Easy access to investment opportunities provided by a rapidly growing Chinese economy. Investors gain access to all classes of shares providing China equity exposure: A, B and H shares as well as Red Chips
Due to the significant deviation from the reference index, the fund offers the potential to outperform the reference index.
Investors benefit from 蜜豆视频 being one of the few asset managers with a truly global investment platform
The experienced portfolio management team can leverage local investment expertise in the Chinese market via our joint venture 蜜豆视频 SDIC in China
Risks
蜜豆视频 Opportunity Equity 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 substantially from that of its reference index. 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). All investments are subject to market fluctuations. Every Fund has specific risks, which can significantly increase under unusual market conditions. Please consult your client advisor for more information on the investment risks of this product.
Features
| Product category |
Equity
Asia |
| Product domicile |
Luxembourg
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| Portfolio management |
蜜豆视频 Asset Management (Hong Kong) Ltd., Hong Kong
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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 |
March 10, 2020
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| Currency of account |
USD
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| Close of financial year |
November 30
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| Issue / redemption |
daily
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| Distribution |
Reinvestment
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| Maturity |
Open end
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| Flat fee |
1.13% p.a.
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| Management fee |
0.90% p.a.
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| Total expense ratio (TER) |
1.14% p.a.
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| Minimum investment |
n.a.
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| Reference Index / Benchmark |
MSCI China 10/40 (net div. reinv.)
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| Cut-Off Time |
13:00h (CET)
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| Securities no. |
50268972
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| ISIN |
LU2059874102
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| Bloomberg Ticker |
UBCOUIA LX
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Performance and Prices
Percentage growth
as of April 3, 2024
Cumulative
| USD(%) | CHF(%) | EUR(%) | |
| YTD | -4.61 | 2.66 | -2.64 |
| 1M | |||
| 3M | |||
| 6M | |||
| 1Y | |||
| 2Y | -14.07 | -21.83 | -16.98 |
| 3Y | |||
| 5Y | |||
| ø p.a.5Y | -9.05 | -10.76 | -9.10 |
Current data
| Net asset value | 03.04.2024 | USD 64.92 |
| High - last 12 months | 18.04.2023 | USD 81.59 |
| Low - last 12 months | 22.01.2024 | USD 59.92 |
| Assets of the unit class in mn | 03.04.2024 | USD 3.58 |
| Total product assets in mn | 03.04.2024 | USD 3,116.34 |
Statistical data
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Date
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2 years
|
5 years
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| Total risk reference index / benchmark | 29.02.2024 | 34.16% | n.a. |
| Sharpe Ratio | 29.02.2024 | -0.57 | n.a. |
| Risk Free Rate | 31.03.2024 | 4.15% | 2.15% |
Structures
By detailed securities (in %, as of February 29, 2024)*
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| 1 | NetEase Inc | 10.08 |
| 2 | Kweichow Moutai Co Ltd | 9.69 |
| 3 | Tencent Holdings Ltd | 9.30 |
| 4 | Alibaba Group Holding Ltd | 5.43 |
| 5 | China Merchants Bank Co Ltd | 4.90 |
| 6 | CSPC Pharmaceutical Group Ltd | 4.82 |
| 7 | AIA Group Ltd | 4.82 |
| 8 | Far East Horizon Ltd | 3.97 |
| 9 | China Resources Land Ltd | 3.15 |
| 10 | Anhui Gujing Distillery Co Ltd | 3.00 |
| 11 | Meituan | 2.82 |
| 12 | Ping An Insurance Group Co of China Ltd | 2.71 |
| 13 | Shenzhen International Holdings Ltd | 2.62 |
| 14 | SSY Group Ltd | 2.40 |
| 15 | TAL Education Group | 2.29 |
| 16 | Hong Kong Exchanges & Clearing Ltd | 2.09 |
| 17 | Chinasoft International Ltd | 1.88 |
| 18 | China Overseas Land & Investment Ltd | 1.72 |
| 19 | PDD Holdings Inc | 1.66 |
| 20 | China Mobile Ltd | 1.54 |
| 21 | Yihai International Holding Ltd | 1.51 |
| 22 | Kanzhun Ltd | 1.32 |
| 23 | Longfor Group Holdings Ltd | 1.27 |
| 24 | Hansoh Pharmaceutical Group Co Ltd | 1.19 |
| 25 | New Oriental Education & Technology Group Inc | 1.01 |
| 26 | China Jinmao Holdings Group Ltd | 0.99 |
| 27 | Industrial & Commercial Bank of China Ltd | 0.99 |
| 28 | Anhui Conch Cement Co Ltd | 0.94 |
| 29 | Livzon Pharmaceutical Group Inc | 0.81 |
| 30 | China Vanke Co Ltd | 0.71 |
| 31 | WuXi XDC Cayman Inc | 0.64 |
| 32 | Kingsoft Corp Ltd | 0.56 |
| 33 | Wuxi Biologics Cayman Inc | 0.53 |
| 34 | China Everbright Ltd | 0.40 |
| 35 | Precision Tsugami China Corp Ltd | 0.39 |
| 36 | Alibaba Health Information Technology Ltd | 0.28 |
| 37 | Onewo Inc | 0.28 |
| 38 | Hainan Meilan International Airport Co Ltd | 0.26 |
| 39 | China Dongxiang Group Co Ltd | 0.21 |
| 40 | Peijia Medical Ltd | 0.18 |
| 41 | Dawnrays Pharmaceutical Holdings Ltd | 0.17 |
| 42 | Sun King Technology Group Ltd | 0.17 |
| 43 | Shenzhen Investment Ltd | 0.17 |
| 44 | Chanjet Information Technology Co Ltd | 0.15 |
| 45 | Vobile Group Ltd | 0.14 |
| 46 | Country Garden Services Holdings Co Ltd | 0.12 |
| 47 | Tong Ren Tang Technologies Co Ltd | 0.12 |
| 48 | Shanghai Junshi Biosciences Co Ltd | 0.12 |
| 49 | Cheerwin Group Ltd | 0.10 |
| 50 | Abbisko Cayman Ltd | 0.08 |
| 51 | MicroTech Medical Hangzhou Co Ltd | 0.07 |
| 52 | Horizon Construction Development Ltd | 0.06 |
| 53 | Wenzhou Kangning Hospital Co Ltd | 0.04 |
| 54 | Brii Biosciences Ltd | 0.03 |
| 55 | Guotai Junan International Holdings Ltd | 0.02 |
| 56 | Overseas Chinese Town Asia Holdings Ltd | 0.02 |
| 57 | Broncus Holding Corp | 0.01 |
| 58 | Jupai Holdings Ltd | 0.01 |
| 59 | Hua Han Health Industry Holdings Ltd | 0.00 |
Fees
Flat fee
1.1300%
Management fee p.a.
0.9000%
Distributions
No distributions. Continuous reinvestment of income.
Authorisations
Literature
Brochures
Agreement / Prospectus
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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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| SFDR Pre-Contractual Annex |
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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 November 30)
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Document type
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Document Language
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| Annual report |
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| SFDR Periodic Report Annex |
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| Semi-annual report |
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