Funds and prices
Overview
This actively managed equity fund invests in selected US companies that are expected to deliver above market average total yields. Total Yield is the sum of yields from dividend distributions and from company profits returned to shareholders via share buybacks.
Focus on quality factors with the aim to exclude low quality stocks.
The portfolio is well diversified with low single stock weights and broad sector allocation.
ÃÛ¶¹ÊÓƵ Total Yield Equity Funds have typical equity risk characteristics. Total yield must not be confused with total return.
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.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
The distributing (-dist) share classes of this sub-fund intend to distribute capital (share buyback yield) as well as income (e.g. from dividends). See risk section below.
Benefits
Easy access to US stocks that offer high total yields which sums up yields from dividends and share buybacks.
Investors can profit from a portfolio that seeks optimal diversification - low single stock weights and a broad sector allocation.
Experienced investment team with a solid track record in running both US equity and equity yield strategies.
Risks
Features
Product category |
ÃÛ¶¹ÊÓƵ Equity Funds
ÃÛ¶¹ÊÓƵ Country & Regional Funds |
Product domicile |
Luxembourg
|
Portfolio management |
ÃÛ¶¹ÊÓƵ Asset Management
|
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
|
Regulation |
UCITS
|
Legal form |
Unlimited
|
Day of inception |
February 15, 2013
|
Currency of account |
USD
|
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 USA (net div. reinv.)
|
ISIN |
LU0868494708
|
Bloomberg Ticker |
UBTPDUS LX
|
Telekurs Id |
n.a.
|
Performance and Prices
Percentage growth
as of April 3, 2024USD(%) | EUR(%) | SEK(%) | |
YTD | |||
1M | |||
3M | |||
6M | |||
1Y | 23.41 | 24.16 | 26.59 |
2Y | |||
3Y | 31.35 | 42.74 | 60.37 |
5Y | 65.28 | 71.49 | 89.83 |
ø p.a.5Y | 10.57 | 11.39 | 13.68 |
Current data
Net asset value | 03.04.2024 | USD 182.88 |
High - last 12 months | 28.03.2024 | USD 184.51 |
Low - last 12 months | 27.10.2023 | USD 147.40 |
Last distribution | 04.08.2023 | USD 8.29 |
Assets of the unit class in mn | 03.04.2024 | USD 19.04 |
Total product assets in mn | 03.04.2024 | USD 1,227.39 |
Indicative current total yield | 29.02.2024 | 5.30% |
Date
|
2 years
|
5 years
|
|
Total risk reference index / benchmark | 29.02.2024 | 19.84% | 18.67% |
Sharpe Ratio | 29.02.2024 | 0.26 | 0.43 |
Risk Free Rate | 31.03.2024 | 4.15% | 2.15% |
Structures
By the 10 largest equity positions (in %, as of February 29, 2024)
|
|
Apple Inc | 8.07 |
Home Depot Inc/The | 3.01 |
Visa Inc | 2.97 |
Mastercard Inc | 2.80 |
General Electric Co | 2.74 |
Applied Materials Inc | 2.70 |
Builders FirstSource Inc | 2.61 |
Chevron Corp | 2.60 |
QUALCOMM Inc | 2.39 |
Lowe's Cos Inc | 2.37 |
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 | USD | 8.29 | 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 |
|