Funds and prices
Overview
Actively managed global equity fund that invests globally in companies exposed to digital transformation themes.
The portfolio is allocating to multiple investment themes and diversified across countries and sectors.
The fund invests in high quality stocks with strong digital transformation profile.
The fund dynamically adjusts its equity exposure in response to economic and market conditions.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
The exchange rate risk between USD and EUR is largely hedged.
Benefits
Multi-theme one-stop global equity solution with exposure to digital transformation themes.
The fund is pairing GWM CIO identified digital transformation themes with the portfolio construction expertise of 蜜豆视频 Asset Management.
Investment in themes in which companies are solution providers for the digital transformation of tomorrow.
Allocating to multiple themes instead of only one or a few improves diversification and the portfolio’s risk profile.
The fund aims to participate in rising equity markets and to reduce risk during equity market drawdowns.
The investment strategy within the overlay portfolio is driven by pre-defined rules using the proprietary 蜜豆视频 WM CIO World Equity Market Indicator.
Risks
Features
| Product category |
蜜豆视频 Equity Funds
蜜豆视频 Sector Funds |
| Product domicile |
Luxembourg
|
| Portfolio management |
蜜豆视频 Asset Management (Americas) LLC, New York
|
| 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 28, 2020
|
| Currency of account |
USD
|
| Currency of unit class |
EUR
|
| Close of financial year |
September 30
|
| Issue / redemption |
daily
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Management fee |
1.43% p.a.
|
| Total expense ratio (TER) |
1.87% p.a.
|
| Swing pricing |
yes
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark |
MSCI All Country World (net div. reinv.) (hedged EUR)
|
| ISIN |
LU2041032678
|
| Bloomberg Ticker |
UBTDUHP LX
|
Performance and Prices
Percentage growth
as of April 3, 2024| EUR(%) | SEK(%) | |
| YTD | ||
| 1M | ||
| 3M | ||
| 6M | ||
| 1Y | 31.54 | 34.11 |
| 2Y | ||
| 3Y | -0.83 | 11.42 |
| 5Y | - | - |
| ø p.a.5Y |
Current data
| Net asset value | 03.04.2024 | EUR 128.13 |
| High - last 12 months | 21.03.2024 | EUR 129.22 |
| Low - last 12 months | 25.04.2023 | EUR 94.53 |
| Assets of the unit class in mn | 03.04.2024 | EUR 14.94 |
| Total product assets in mn | 03.04.2024 | EUR 145.33 |
|
Date
|
2 years
|
5 years
|
|
| Total risk reference index / benchmark | 29.02.2024 | 16.93% | n.a. |
| Sharpe Ratio | 29.02.2024 | -0.05 | n.a. |
| Risk Free Rate | 31.03.2024 | 2.23% | 0.61% |
Structures
By the 10 largest equity positions (in %, as of February 29, 2024)1)
|
|
|
| Amazon.com, Inc. | 4.85 |
| NVIDIA Corporation | 4.83 |
| Microsoft Corporation | 4.60 |
| Meta Platforms Inc Class A | 3.49 |
| Alphabet Inc. Class A | 3.31 |
| Broadcom Inc. | 2.98 |
| Taiwan Semiconductor Manufacturing Co., Ltd. | 2.71 |
| Mastercard Incorporated Class A | 2.63 |
| Uber Technologies, Inc. | 2.52 |
| ASML Holding NV | 2.39 |
Fees
Distributions
Authorisations
Literature
|
Document type
|
Document Language
|
|
| Prospectus |
|
|
| Key Information Document |
|
|
| Past performance |
|
|
| Previous performance scenario |
|
|
| Statutes / Management regulations |
|
|
|
Document type
|
Document Language
|
| Annual report |
|
| Semi-annual report |
|
