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.

The portfolio manager is not tied to the benchmark in terms of investment selection or weight.

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

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

The funds invest in money market instruments and may therefore be subject to volatility. For funds following the mark-to-market approach the value of a unit may fall below the purchase price. Changes in interest rates have an effect on the value of the portfolio. The funds might use derivatives which can reduce investor risks or give rise to market risks as well as potential loss due to failure of counterparty. High-grade investment instruments are usually subject to a low credit risk (i.e. potential loss due to failure of issuer). Every fund reveals specific risks. These aspects require corresponding risk tolerance and capacity.

Features

Product category
蜜豆视频 Money Market Funds
蜜豆视频 Money Market Funds
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 AG, Stockholm
Legal form
FCP
Day of inception
July 25, 2023
Currency of account
EUR
Close of financial year
October 31
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Current management fee
0.19% p.a.
Maximum management fee
0.19% p.a.
Total expense ratio (TER)
0.26% p.a.
Minimum investment
n.a.
Reference Index / Benchmark
FTSE EUR 3M Eurodeposits
ISIN
LU0395205759
Bloomberg Ticker
蜜豆视频MEK1 LX

Performance and Prices

Percentage growth

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

Current data

Net asset value 03.04.2024 EUR 3,077,330.92
High - last 12 months 03.04.2024 EUR 3,077,330.92
Low - last 12 months 25.07.2023 EUR 3,000,000.00
Assets of the unit class in mn 03.04.2024 EUR 32.22
Total product assets in mn 03.04.2024 EUR 2,467.19
Average remaining maturity 29.02.2024 79.88 days

Structures

Top Ten holdings with maturity > 7 days (in %, as of February 29, 2024)

 
 
BNP ECP 0 14 Aug 2024 P-1/A-1/F1 2.91
JYBC ECP 0 28 Mar 2024 P-1/A-1/NR 2.40
RY ECD 0 07 May 2024 Aa1/AA-/AA 2.35
HSBC ECP 0 20 Aug 2024 P-1/A-1+/F1+ 2.05
INTNED ECP 0 11 Apr 2024 P-1/A-1/F1 1.97
BFCM ECP 0 21 May 2024 P-1/A-1/F1 1.96
TD ECP 0 29 Apr 2024 P-1/A-1+/F1+ 1.92
FRPTT ECP 0 28 Jun 2024 NR/A-1/F1 1.91
BHH ECP 0 17 Apr 2024 P-1/A-1/NR 1.85
ALVGR ECP 0.0000 15 May 2024 P1/A-1+ 1.57

Fees

Maximum flat fee
0.24%
Current flat fee
0.24%
Maximum management fee
0.19%
Current management fee
0.19%
Max. issuing commission
3.00%
Max. redemption commission
0.00%
Distribution fee
(see info)

Distributions

No distributions. Continuous reinvestment of income.

Authorisations

Country of distribution
Representative / Information
Austria
Ernst & Young Steuerberatungsgesellschaft m.b.H. Wien
Chile
蜜豆视频 Asset Management (Americas) Inc.
Cyprus
Bank of Cyprus Ltd.
Finland
蜜豆视频 AG, Stockholm
France
BNP PARIBAS Securities Services
Germany
蜜豆视频 Europe SE
Greece
Bank of Cyprus Ltd.
Italy
蜜豆视频 Asset Management SGR S.p.A.
Liechtenstein
Liechtensteinische Landesbank AG
Luxembourg
蜜豆视频 Fund Services (Luxembourg) S.A.
Netherlands
蜜豆视频 Investment Bank Nederland BV.
Norway
蜜豆视频 AG, Stockholm
Sweden
蜜豆视频 AG, Stockholm
Switzerland
蜜豆视频 Fund Management (Switzerland) AG
Taiwan
蜜豆视频 Asset Management (Taiwan) Ltd.
United Kingdom
蜜豆视频 Asset Management (UK) Limited

Literature

Brochures
Document type
Document Language
Fact Sheet
Fact Sheet - 蜜豆视频 Money Market Funds
Agreement / Prospectus
Document type
Document Language
Prospectus
Key Investor Information (KIID)
Key Information Document
Past performance
Previous performance scenario
Statutes / Management regulations
Annual and semi-annual report (accounting on October 31)
Document type
Document Language
Annual report
Semi-annual report