Funds and prices

Overview

Diversified, high quality portfolio of money market instruments, denominated in the fund's currency with no cross currency exposure anticipated (fully hedged if required).

Principal investment objective to offer an attractive alternative to direct cash holdings, while achieving a performance in line with SOFR Index - Secured Overnight Financing Rate.

Classified as 'Short Term' by the common European money market fund definition.

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

Benefits

Very conservatively positioned with an investment objective to preserve invested capital.

Well diversified portfolio of high quality short term money market instruments.

Actively managed by experienced specialists, supported by in-house credit researchers.

No (constant NAV) or very 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. For funds following a constant NAV approach the stable price cannot be guaranteed. 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 Select Money Market Funds
Product domicile
Ireland
Portfolio management
蜜豆视频 Asset Management (Americas) LLC, New York
Fund management
蜜豆视频 Fund Management (Ireland) Limited, Dublin 2
Custodian bank
State Street Custodial Services (Ireland) Limited
Representative for products established under foreign law
蜜豆视频 AG, Stockholm
Day of inception
May 4, 2018
Currency of account
USD
Close of financial year
August 31
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Max. flat fee
0.24% p.a.
Current Flat Fee
0.24% p.a.
Total expense ratio (TER)
0.24% p.a.
Minimum investment
USD 5,000,000.00
Reference Index / Benchmark
SOFR Index - Secured Overnight Financing Rate
ISIN
IE00BF0NW520
Bloomberg Ticker
UMMUK1A ID

Performance and Prices

Percentage growth

as of April 2, 2024
Cumulative
USD(%) EUR(%) SEK(%)
YTD
1M
3M
6M
1Y 5.35 6.31 8.86
2Y
3Y 8.33 18.34 33.05
5Y 10.56 14.92 26.87
ø p.a.5Y 2.03 2.82 4.87

Current data
Net asset value 03.04.2024 USD 281,918.48
High - last 12 months 03.04.2024 USD 281,918.48
Low - last 12 months 05.04.2023 USD 267,667.38
Assets of the unit class in mn 03.04.2024 USD 584.02
Total product assets in mn 03.04.2024 USD 5,683.64

Structures

Fees

Flat fee
0.24%
Max. issuing commission
n.a.
Max. redemption commission
n.a.
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.
Finland
蜜豆视频 AG, Stockholm
Germany
蜜豆视频 Europe SE
Ireland
MUFG Alternative Fund Services (Ireland) Limited
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.
Sweden
蜜豆视频 AG, Stockholm
Switzerland
蜜豆视频 Fund Management (Switzerland) AG
United Kingdom
蜜豆视频 Asset Management (UK) Limited

Literature

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