Funds and prices
Overview
Actively managed and 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 generate long-term performance consistent with prevailing market indices for money market instruments denominated in the fund's currency.
Classified as 'Standard VNAV Money Market Fund' by the common European money market fund definition.
Portfolio's average residual term to maturity may not exceed one year.
Seeks to invest in issuers with a strong ESG (Environmental Social and Governance) profile selected based on ESG data from internal and recognized external providers.
ÃÛ¶¹ÊÓƵ 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 ÃÛ¶¹ÊÓƵ Asset Management Sustainability exclusion policy. For more information on Sustainability at ÃÛ¶¹ÊÓƵ, please refer to www.ubs.com/am-si-commitment.
This fund is not managed in reference to any benchmark.
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 ÃÛ¶¹ÊÓƵ's money market purchasing power.
Risks
Features
Product category |
ÃÛ¶¹ÊÓƵ Money Market Funds
ÃÛ¶¹ÊÓƵ Money Market Funds |
Product domicile |
Luxembourg
|
Portfolio management |
ÃÛ¶¹ÊÓƵ Asset Management Switzerland AG, Zurich
|
Fund management |
ÃÛ¶¹ÊÓƵ Fund Management (Luxembourg) S.A., Luxembourg
|
Custodian bank |
ÃÛ¶¹ÊÓƵ Europe SE, Luxembourg Branch
|
Representative for products established under foreign law |
ÃÛ¶¹ÊÓƵ AG, Stockholm
|
Day of inception |
March 1, 2002
|
Currency of account |
EUR
|
Close of financial year |
October 31
|
Issue / redemption |
daily
|
Distribution |
Reinvestment
|
Maturity |
Open end
|
Current management fee |
0.40% p.a.
|
Maximum management fee |
0.40% p.a.
|
Total expense ratio (TER) |
0.39% p.a.
|
Minimum investment |
n.a.
|
Reference Index / Benchmark |
FTSE EUR 3M Eurodeposits
|
ISIN |
LU0142661270
|
Bloomberg Ticker |
ÃÛ¶¹ÊÓƵSTEU LX
|
Telekurs Id |
STSEU
|
Performance and Prices
Percentage growth
as of April 3, 2024EUR(%) | SEK(%) | |
YTD | ||
1M | ||
3M | ||
6M | ||
1Y | 3.21 | 5.23 |
2Y | ||
3Y | 2.91 | 15.62 |
5Y | 1.76 | 12.64 |
ø p.a.5Y | 0.35 | 2.41 |
Current data
Net asset value | 03.04.2024 | EUR 120.25 |
High - last 12 months | 03.04.2024 | EUR 120.25 |
Low - last 12 months | 05.04.2023 | EUR 116.52 |
Assets of the unit class in mn | 03.04.2024 | EUR 185.65 |
Total product assets in mn | 03.04.2024 | EUR 235.34 |
Theoretical yield to maturity (net) | 29.02.2024 | 3.36% |
Average remaining maturity | 29.02.2024 | 79.31 days |
Structures
Top Ten holdings with maturity > 7 days (in %, as of February 29, 2024)
|
|
OKB ECP 0 02 Apr 2024 P-1/A-1+/NR | 2.95 |
PG ECP 0 03 Apr 2024 P-1/A-1+/NR | 2.95 |
ABNANV ECD 0 22 Jul 2024 Aa3/A/A | 2.91 |
HSBC ECP 0 20 Aug 2024 P-1/A-1+/F1+ | 2.90 |
BYLANG ECP 0 18 Apr 2024 P-1/NR/F1 | 2.52 |
TD ECP 0 04 Jun 2024 P-1/A-1+/F1+ | 2.51 |
FRPTT ECP 0 28 Jun 2024 NR/A-1/F1 | 2.50 |
SWEDA ECP 0 30 Aug 2024 P-1/A-1/F1 | 2.49 |
RY ECD 0 07 May 2024 Aa1/AA-/AA | 2.31 |
RABOBK ECP 0 10 Apr 2024 P-1/A-1/F1+ | 2.10 |
Fees
Distributions
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 |
|
|
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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