Funds and prices
Overview
The fund aims to track, before expenses, the price and yield performance of the Bloomberg US Liquid Corporates Total Return (hedged to GBP).
The fund invests in bonds of the underlying index, and provides exposure to investment grade, USD denominated securities issued by US corporate issuers operating in financial, industrial and utility sectors.
Share class is denominated in GBP, and incorporate a currency-hedge that reduces the impact of currency fluctuations between USD and GBP.
The fund is passively managed.
Benefits
Clients benefit from the flexibility of an exchange-traded investment.
Provides access to this segment of the market with a single transaction.
The fund offers a high degree of transparency and cost efficiency.
UCITS compliant fund.
Risks
This 蜜豆视频 Exchange Traded Fund invests primarily in corporate bonds, which are included in the Bloomberg US Liquid Corporates™. This Fund may not be appropriate for investors who plan to withdraw their money before the recommended holding period disclosed in the PRIIPs KID. Every fund has specific risks, which may significantly increase under unusual market conditions. The fund's assets are passively managed. As a result, the net asset value of the fund is directly dependent on the performance of the underlying index. Losses that could be avoided via active management will not be offset.
Features
| Product category |
蜜豆视频 Exchange Traded Funds
蜜豆视频 ETF SICAV |
| 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 |
State Street Bank Luxembourg S.A.
|
| Representative for products established under foreign law |
蜜豆视频 AG, Stockholm
|
| Regulation |
UCITS
|
| Legal form |
Unlimited
|
| Day of inception |
October 31, 2014
|
| Currency of account |
GBP
|
| Close of financial year |
December 31
|
| Issue / redemption |
daily
|
| Maturity |
Open end
|
| Management fee |
0.16% p.a.
|
| Total expense ratio (TER) |
0.16% p.a.
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark |
Bloomberg US Liquid Corporates Total Return
|
| Distribution Frequency |
twice a year
|
| ISIN |
LU1048317298
|
| Bloomberg Ticker |
UC85 LN, CBUSH SW
|
| Reuters Id |
CBUSH.S
|
Performance and Prices
Percentage growth
as of April 3, 2024
Cumulative
| GBP(%) | CHF(%) | EUR(%) | USD(%) | |
| YTD | ||||
| 1M | ||||
| 3M | ||||
| 6M | ||||
| 1Y | 1.83 | 2.87 | 4.28 | 3.65 |
| 2Y | ||||
| 3Y | -11.69 | -22.57 | -12.39 | -19.37 |
| 5Y | -0.39 | -13.19 | -0.88 | -4.47 |
| ø p.a.5Y | -0.08 | -2.79 | -0.18 | -0.91 |
Current data
| Net asset value | 03.04.2024 | GBP 13.74 |
| High - last 12 months | 27.12.2023 | GBP 14.18 |
| Low - last 12 months | 19.10.2023 | GBP 12.72 |
| Last distribution | 07.02.2024 | GBP 0.20 |
| Assets of the unit class in mn | 03.04.2024 | GBP 59.69 |
| Total product assets in mn | 03.04.2024 | GBP 399.55 |
| Modified duration | 29.02.2024 | 6.91 |
| Constituents | 29.02.2024 | 541.00 |
Structures
Fees
Management fee p.a.
0.16%
Total Expense Ratio (TER) p.a.
0.16%
Max. issuing commission
0.00%
Max. redemption commission
0.00%
Distribution fee
(see info)
Distributions
From
01-Nov-2020
To
01-Nov-2021
|
Date of distribution
|
Pay date
|
Cps no.
|
Currency
|
Distribution
|
EU Savings Tax - Tax domicile other EU country
|
||||||
| 31.07.2023 | 04.08.2023 | - | GBP | 0.30 | n.a. | 01.02.2024 | 07.02.2024 | - | GBP | 0.20 | n.a. |
Authorisations
Literature
Brochures
Agreement / Prospectus
|
Document type
|
Document Language
|
| Prospectus |
|
| Key Information Document |
|
| Past performance |
|
| Previous performance scenario |
|
Reportings
|
Document type
|
Document Language
|
| Solvency II Reporting Q1 2023 |
|
| Solvency II Reporting Q2 2023 |
|
| Solvency II Reporting Q3 2023 |
|
| Solvency II Reporting Q4 2023 |
|
Annual and semi-annual report (accounting on December 31)
|
Document type
|
Document Language
|
| Annual report |
|
| Semi-annual report |
|
