Funds and prices
Overview
This actively managed equity fund invests in European companies of all capitalizations that offer a high dividend yield.
The fund focuses on quality factors in order to exclude low quality stocks, including the company’s ability to pay stable or growing dividends.
The portfolio offers high diversification with low single stock weightings and diversified country, currency and sector allocations.
The strategy is based on a quantitative model.
蜜豆视频 High Dividend Funds have typical equity risk characteristics and are designed for risk tolerant investors who are willing to bear the risk and volatility of equity investments
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 portfolio manager is not tied to the benchmark in terms of investment selection or weight.
The exchange rate risk between EUR and GBP is not hedged.
Benefits
Easy access to European stocks that offer high dividend yields.
The focus on high quality stocks aims to exclude companies that do not pay sustainable dividends.
Investors can profit from a portfolio that seeks optimal diversification - low single stock weights and broad country, currency and sector allocations.
The fund draws on the knowledge of proven investment specialists based in Zurich.
Risks
Features
| Product category |
蜜豆视频 Equity Funds
蜜豆视频 Country & Regional Funds |
| Product domicile |
Luxembourg
|
| Portfolio management |
蜜豆视频 Asset Management (UK) Ltd., London
|
| 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
|
| Day of inception |
January 12, 2011
|
| Currency of account |
EUR
|
| Currency of unit class |
GBP
|
| Close of financial year |
May 31
|
| Issue / redemption |
daily
|
| Next distribution |
August
|
| Maturity |
Open end
|
| Management fee |
1.20% p.a.
|
| Total expense ratio (TER) |
1.56% p.a.
|
| Swing pricing |
yes
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark |
MSCI Europe (net div. reinv.)
|
| ISIN |
LU0571744555
|
| Bloomberg Ticker |
UEHDGPD LX
|
| Telekurs Id |
n.a.
|
Performance and Prices
Percentage growth
as of April 3, 2024| GBP(%) | EUR(%) | SEK(%) | |
| YTD | |||
| 1M | |||
| 3M | |||
| 6M | |||
| 1Y | 9.31 | 11.95 | 14.14 |
| 2Y | |||
| 3Y | 15.02 | 14.12 | 28.22 |
| 5Y | 17.48 | 16.90 | 29.40 |
| ø p.a.5Y | 3.28 | 3.17 | 5.29 |
Current data
| Net asset value | 03.04.2024 | GBP 132.01 |
| High - last 12 months | 27.03.2024 | GBP 132.37 |
| Low - last 12 months | 27.10.2023 | GBP 116.28 |
| Last distribution | 04.08.2023 | GBP 2.80 |
| Assets of the unit class in mn | 03.04.2024 | GBP 1.40 |
| Total product assets in mn | 03.04.2024 | GBP 144.03 |
| Indicative current dividend yield | 29.02.2024 | 4.60% |
|
Date
|
2 years
|
5 years
|
|
| Total risk reference index / benchmark | 29.02.2024 | 12.45% | 14.00% |
| Sharpe Ratio | 29.02.2024 | 0.09 | 0.12 |
| Risk Free Rate | 31.03.2024 | 3.71% | 1.71% |
Structures
By the 10 largest positions (in %, as of February 29, 2024)
|
|
|
| Poste Italiane SpA | 1.08 |
| Bouygues SA | 1.08 |
| Stora Enso Oyj | 1.08 |
| NN Group NV | 1.08 |
| Moncler SpA | 1.08 |
| Kingfisher PLC | 1.07 |
| Mercedes-Benz Group AG | 1.07 |
| Tele2 AB | 1.07 |
| UPM-Kymmene Oyj | 1.06 |
| SSE PLC | 1.06 |
Fees
Distributions
|
Date of distribution
|
Pay date
|
Cps no.
|
Currency
|
Distribution
|
EU Savings Tax - Tax domicile other EU country
|
| 01.08.2023 | 04.08.2023 | 13 | GBP | 2.80 | n.a. |
Authorisations
Literature
|
Document type
|
Document Language
|
|
| Prospectus |
|
|
| Key Information Document |
|
|
| Past performance |
|
|
| Previous performance scenario |
|
|
| Statutes / Management regulations |
|
|
| ESG Disclosure |
|
|
|
Document type
|
Document Language
|
| Annual report |
|
| Semi-annual report |
|
