Funds and prices
Overview
The Fund is actively managed and only invests in diversified, high quality money market instruments with a first class rating that exhibit a solid ESG profile (environmental, social and governance).
蜜豆视频 Asset Management classifies this fund as a Sustainability Focus Fund, which promotes environmental and social characteristics in accordance with SFDR Article 8. The research and portfolio construction processes incorporate ESG risk integration and screening and comply with 蜜豆视频 Asset Management Sustainability exclusion policy. For more information on Sustainability at 蜜豆视频, please refer to www.ubs.com/am-si-commitment.
The weighted average maturity of the securities in the portfolio may not exceed 6 months, while the final maturity of any fixed interest rate investment may not exceed 1 year.
Classified as 'Standard VNAV Money Market Fund' by the common European money market fund definition.
Principal investment objective to generate long-term performance consistent with prevailing market indices for money market instruments denominated in the fund's currency. At times of high market volatility, the fund's performance may diverge significantly from that of the benchmark.
This sub-fund promotes environmental and/or social characteristics but does not have a sustainable investment objective.
The exchange rate risk between USD and CAD is largely hedged.
Benefits
Conservatively positioned with an investment objective to preserve invested capital.
Well diversified portfolio of high quality money market instruments.
Actively managed by experienced specialists, supported by in-house credit researchers.
Low NAV volatility (variable NAV).
Daily subscriptions and redemptions.
Competitive money market yields.
Benefiting from 蜜豆视频's money market purchasing power.
Risks
Features
| Product category |
Money Market
USD |
| 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
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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 |
July 14, 2023
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| Currency of account |
CAD
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| Close of financial year |
October 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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| Current management fee |
0.17% p.a.
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| Maximum management fee |
0.17% p.a.
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| Total expense ratio (TER) |
0.18% p.a.
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| Minimum investment |
n.a.
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| Cut-Off Time |
15:00h (CET)
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| Securities no. |
128039863
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| ISIN |
LU2645238184
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| Bloomberg Ticker |
蜜豆视频MNIN LX
|
Performance and Prices
Percentage growth
as of April 3, 2024| CAD(%) | CHF(%) | EUR(%) | USD(%) | |
| YTD | 1.24 | 6.28 | 0.80 | -1.25 |
| 1M | ||||
| 3M | ||||
| 6M | ||||
| 1Y | ||||
| 2Y | - | - | - | - |
| 3Y | ||||
| 5Y | ||||
| ø p.a.5Y |
Current data
| Net asset value | 03.04.2024 | CAD 1,036.91 |
| High - last 12 months | 03.04.2024 | CAD 1,036.91 |
| Low - last 12 months | 14.07.2023 | CAD 1,000.00 |
| Assets of the unit class in mn | 03.04.2024 | CAD 53.27 |
| Total product assets in mn | 03.04.2024 | CAD 4,366.65 |
| Theoretical yield to maturity (net) | 29.02.2024 | 4.70% |
Structures
By the 10 largest positions (in %, as of February 29, 2024)
|
|
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| BNP ECP 0 01 May 2024 P-1/A-1/F1 | 3.01 |
| CDCEPS ECP 0 20 Jun 2024 P-1/A-1+/F1+ | 2.39 |
| CM ECD 0 10 May 2024 A1/A+/AA- | 2.16 |
| JYBC ECP 0 06 Mar 2024 P-1/A-1/NR | 2.12 |
| MIZUHO ECD 0 13 May 2024 A1/A/A- | 2.10 |
| BYLANG ECP 0 14 Aug 2024 P-1/NR/F1 | 1.86 |
| FINNISH T-BILL 0 20 Mar 2024 Aa1/AA+/AA+ | 1.82 |
| SUKPLC ECP 0.0000 02 May 2024 P1/A-1 | 1.80 |
| TD ECP 0 08 Aug 2024 P-1/A-1+/F1+ | 1.63 |
| RABOBK ECP 0.0000 18 Apr 2024 P1/A-1 | 1.63 |
null (in %, as of February 29, 2024)
|
|
|
| European Commercial Papers/Deposits | 84.59 |
| Deposit | 14.41 |
| Floating Rate Note | 0.81 |
| Cash and money market paper | 0.16 |
| Bonds/Notes | 0.03 |
| Others | 0.00 |
Fees
Distributions
Authorisations
Literature
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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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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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