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.
The exchange rate risk between USD and GBP is largely hedged.
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 |
October 20, 2020
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Currency of account |
GBP
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Close of financial year |
March 31
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Issue / redemption |
daily
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Maturity |
Open end
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Management fee |
0.45% p.a.
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Total expense ratio (TER) |
0.61% 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 (hedged GBP)
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Cut-Off Time |
15:00h (CET)
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Securities no. |
56461920
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ISIN |
LU2215770434
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Bloomberg Ticker |
UBFAIA2 LX
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Performance and Prices
Percentage growth
as of April 3, 2024GBP(%) | CHF(%) | EUR(%) | USD(%) | |
YTD | 1.43 | 8.07 | 2.49 | 0.41 |
1M | ||||
3M | ||||
6M | ||||
1Y | ||||
2Y | 4.04 | 0.30 | 6.52 | 10.26 |
3Y | -15.64 | -26.03 | -16.30 | -22.98 |
5Y | ||||
ø p.a.5Y | -5.51 | -9.56 | -5.76 | -8.33 |
Current data
Net asset value | 03.04.2024 | GBP 77.81 |
High - last 12 months | 06.04.2023 | GBP 79.39 |
Low - last 12 months | 23.10.2023 | GBP 71.60 |
Last distribution | 06.06.2023 | GBP 3.18 |
Assets of the unit class in mn | 03.04.2024 | GBP 1.68 |
Total product assets in mn | 03.04.2024 | GBP 271.97 |
Option Adjusted Duration | 29.02.2024 | 4.38 |
Average remaining maturity | 29.02.2024 | 6.42 years |
Date
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2 years
|
5 years
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Total risk reference index / benchmark | 29.02.2024 | 7.41% | n.a. |
Sharpe Ratio | 29.02.2024 | -0.71 | n.a. |
Risk Free Rate | 31.03.2024 | 3.71% | 1.71% |
Structures
Fees
Distributions
Date of distribution
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Pay date
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Cps no.
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Currency
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Distribution
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01.06.2023 | 06.06.2023 | 3 | GBP | 3.18 |
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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