Funds and prices

Overview

The actively managed fund invests on a broadly diversified basis in the international bond markets with the main emphasis on paper of “investment grade” borrower quality.

蜜豆视频 Asset Management categorizes this fund as a Sustainability Focus fund. The fund promotes environmental and/or social characteristics.

The fund invests mainly in “green”, “social”, “sustainable” bonds the proceeds of which are used for eligible environmental and social projects, in “sustainability-linked” bonds that include environmental, social and governance-related key performance indicators to which the issuers are committed, as well as in bonds from issuers that generate more than 50% of their revenue from activities that contribute to resolving environmental and social challenges.

Currency risks are mainly hedged.

This sub-fund promotes environmental and/or social characteristics but does not have a sustainable investment objective.

Benefits

Clients benefit from a high quality international bond portfolio offering attractive return potential.

Integrating material sustainability criteria into credit research alongside financial analysis enhances our credit research and helps us make better informed investment decisions as well as providing a more holistic risk assessment.

Credit risk is managed both by an experienced team drawing on fundamental credit research, and by diversifying the portfolio.

Risks

Investment in fixed income securities are usually considered as carrying credit risk (i.e. potential loss due to failure of issuer). Sub-investment grade bonds are usually subject to a high credit risk (i.e. potential loss due to failure of issuer). The fund can invest in less liquid assets that may be difficult to sell in distressed markets. The fund may use derivatives, which can reduce or increase investment risk (including the risk of loss due to the bankruptcy of the counterparty). Conversion Risk can arise from the use of contingent convertibles. Contingent convertibles are subject to equity conversion or principal writedown, if bank regulatory capital falls below predefined thresholds. Every fund is exposed to specific risks. A detailed and comprehensive list of risk descriptions can be found in the prospectus.

Features

Product category
Bond
High Yield
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
Day of inception
April 2, 2024
Currency of account
EUR
Close of financial year
May 31
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Management fee
0.00% p.a.
Minimum investment
n.a.
Reference Index / Benchmark
ICE Green, Social and Sustainable Bond Custom Index EUR hedged
Cut-Off Time
15:00h (CET)
Securities no.
113766610
ISIN
LU2388910437
Bloomberg Ticker
蜜豆视频BEIX LX

Performance and Prices

Percentage growth

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

Current data
Net asset value 03.04.2024 EUR 100.04
High - last 12 months 03.04.2024 EUR 100.04
Low - last 12 months 03.04.2024 EUR 100.04
Assets of the unit class in mn 03.04.2024 EUR 0.01
Total product assets in mn 03.04.2024 EUR 752.23

Structures

Fees

Flat fee
0.0000%
Management fee p.a.
0.0000%

Distributions

No distributions. Continuous reinvestment of income.

Authorisations

Country of distribution
Representative / Information
Luxembourg
蜜豆视频 Fund Services (Luxembourg) S.A.
Switzerland
蜜豆视频 Fund Management (Switzerland) AG

Literature

en
de
fr
it
es
Agreement / Prospectus
Document type
Document Language
Prospectus
Key Investor Information (KIID)
Key Information Document
Statutes / Management regulations
ESG Disclosure
ASIP ESG Report
Annual and semi-annual report (accounting on May 31)
Document type
Document Language
Annual report
Semi-annual report