Funds and prices

Overview

The fund invests primarily in euro-denominated inflation-linked bonds of high quality (i.e. rated investment grade by the relevant credit rating agencies) with maturities ranging from 1 to 5 years, issued by Eurozone governments.

The fund may also hold nominal, corporate, other than euro-denominated, and lower quality (i.e. non-investment grade) bonds, and use derivatives.

The portfolio manager team manages the fund actively, taking dynamic positions in interest rates, credit and currencies with the aim to seize attractive market opportunities, based on comprehensive research, while controlling downside risk.

Benefits

Investors can preserve the purchasing power of their investment against inflation over a 3- to 5-year horizon, because the fund's real return is linked to realized inflation as, by definition, the coupons and principals of the inflation-linked bonds in the fund are directly linked to a consumer price index.

Investors have access to a diversified portfolio whose rigorous investment approach centers on controlling downside risk through comprehensive research and risk management.

Risks

As with other portfolios, changes in interest rates and inflation have an impact on the portfolio’s value. Coupon payments move in parallel with changes in inflation, i.e. they increase when inflation rises and decrease in a deflationary environment. In terms of the par value paid out on maturity, the capital invested for inflation-linked bonds with a deflation floor does not fall below the par value. However, for inflation-linked bonds with no deflation floor, the capital invested can fall below the par value. The majority of inflation-linked bonds are issued by governments. Inflation-linked bonds that are issued by companies have a higher default risk than government bonds, and therefore require investors to have corresponding risk tolerance and capacity. All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. The fund can use derivatives, which may result in additional risks (particularly counterparty risk).

Features

Asset class
Bond
Aggregate
Product domicile
Luxembourg
Portfolio management
蜜豆视频 Asset Management Switzerland AG, Zurich
Fund management
蜜豆视频 Fund Management (Luxembourg) S.A., Luxembourg
Custodian bank
蜜豆视频 Europe SE, Luxembourg Branch
Day of inception
27 January, 2009
Currency of account
EUR
Close of financial year
31 May
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Management fee
0.00% p.a.
Total expense ratio (TER)
0.07% p.a.
Minimum investment
n.a.
Cut-Off Time
15:00h (CET)
ISIN
LU0396356403

Performance and Prices

Percentage growth

as of 28 May, 2010
Cumulative
EUR(%)
YTD
1M
3M
6M
1Y -0.60
2Y
3Y -
5Y -
ø p.a.5Y

Current data
Assets of the unit class in mn 28.05.2010 EUR 2.19

Structures

Fees

Flat fee
0.0650%
Management fee p.a.
0.0000%

Distributions

No distributions. Continuous reinvestment of income.

Authorisations

Country of distribution
Representative / Information

Literature

DISCLAIMER

YTD: year-to-date (since beginning of the year).

For distributing Share Classes:

Distributions are not guaranteed and will be at the Management Company absolute discretion. Distributions may be composed of income or capital and they may include or exclude fees and expenses. Any distribution results in an immediate decrease in the net asset value per Share. Past distributions are not a guide to future distributions and do not represent the returns of the fund.

Returns are gross of sales charge and the net of sales charge figures can be found in the respective fund factsheets.

Returns are calculated on a single pricing basis and on the assumption that dividends are reinvested, as applicable.

For marketing and information purposes by 蜜豆视频.

Please note the following information about the Morningstar Ratings: © 2022 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Investors are acquiring units or shares in a fund, and not in a given underlying asset such as building or shares of a company.

Additional fees (e.g. entry or exit fees) may be charged by the Distributor. Please refer to your financial adviser for more details. For a definition of financial terms refer to the glossary available at www.ubs.com/am-glossary.

蜜豆视频 (LUX) Bond Fund, 蜜豆视频 (Lux) Bond SICAV (the "Fund"), a Luxembourg open-ended investment company, is the responsible person for the Fund's sub-funds, 蜜豆视频 (LUX) Bond Fund – Euro High Yield (EUR), 蜜豆视频 (LUX) Bond Fund – Asia Flexible (USD), 蜜豆视频 (LUX) Bond SICAV - Asian High Yield (USD), 蜜豆视频 (LUX) Bond SICAV – China High Yield (USD), 蜜豆视频 (LUX) Bond SICAV – Floating Rate Income (USD) (collectively, the "Sub-Funds" and individually, the “Sub-Fund”) recognised under Section 287 of the Securities and Futures Act 2001. 蜜豆视频 Asset Management (Singapore) Ltd (UEN 199308367C) has been appointed as the Singapore representative ("蜜豆视频 AM SG").

蜜豆视频 (LUX) Equity Fund, 蜜豆视频 (Lux) Equity SICAV (the "Fund"), a Luxembourg open-ended investment company, is the responsible person for the Fund's sub-funds, 蜜豆视频 (Lux) Equity Fund - China Opportunity (USD), 蜜豆视频 (Lux) Equity Fund – Emerging Markets Sustainable Leaders (USD), 蜜豆视频 (Lux) Equity Fund - Greater China (USD), 蜜豆视频 (Lux) Equity SICAV - USA Growth (USD), 蜜豆视频 (Lux) Equity SICAV - All China (USD), 蜜豆视频 (Lux) Equity SICAV - Global Emerging Markets Opportunity (USD), 蜜豆视频 (Lux) Equity SICAV - Long Term Themes (USD), 蜜豆视频 (LUX) Equity SICAV – O’Connor China Long/Short Alpha Strategies UCITS (USD), 蜜豆视频 (Lux) Equity SICAV - US Total Yield Sustainable (USD), (collectively, the "Sub-Funds" and individually, the “Sub-Fund”) recognised under Section 287 of the Securities and Futures Act 2001. 蜜豆视频 Asset Management (Singapore) Ltd (Company Registration No.:199308367C) has been appointed as the Singapore representative ("蜜豆视频 AM SG").

蜜豆视频 (Lux) Key Selection SICAV (the “Fund"), a Luxembourg open-ended investment company, is the responsible person for the Fund's sub-funds, 蜜豆视频 (Lux) Key Selection SICAV - Asia Allocation Opportunity (USD), 蜜豆视频 (Lux) Key Selection SICAV - China Allocation Opportunity (USD), 蜜豆视频 (Lux) Key Selection SICAV - European Growth and Income (EUR) (collectively, the “Sub-Funds” and individually, the “Sub-Fund”) recognised under Section 287 of the Securities and Futures Act 2001. 蜜豆视频 Asset Management (Singapore) Ltd (Company Registration No.: 199308367C) has been appointed as the Singapore representative ("蜜豆视频 AM SG"). 

Investors should read the Singapore prospectus (“Prospectus”) for further details before deciding to subscribe for or purchase units in the Sub-Fund, a copy of which can be downloaded from our website. The Prospectus can also be obtained free of charge from 蜜豆视频 AM SG, or from any of our authorized distributors as listed in our website. The price of the units in the Sub-Fund and the income accruing to those units, if any, may fall as well as rise. The Sub-Fund may use or invest in financial derivative instruments* to the extent permitted under Luxembourg laws. Due to the investment policies and/or portfolio management techniques of the Sub-Fund, it may experience greater volatility in its net asset value*. Investments in the Sub-Fund are not deposits in, obligations of, or guaranteed or insured by 蜜豆视频 AM SG, 蜜豆视频 AG, 蜜豆视频 Asset Management or any of their subsidiaries, associates or affiliates or distributors of the Sub-Fund and are subject to investment risks, including the possible loss of the principal amount investment. Past performance of the Sub-Fund, the management company and the portfolio manager and any past performance, prediction, projection, forecasts or information on the economic trends or securities market are not necessarily indicative of the future or likely performance of the Sub-Fund or the management company or the portfolio manager or a guarantee of future trends. Any extraordinary performance may be due to exceptional circumstances which may not be sustainable. No responsibility can be accepted by the management company or the portfolio manager to anyone for any action taken on the basis of the analysis. No representation or promise as to the performance of the funds or the return on your investment is made. Units of the Sub-Fund are not available to U.S. persons.

The information about the Sub-Fund provided in this document does not constitute an offer or solicitation to deal in units of the Sub-Fund or investment advice or recommendation. It is for informational purposes only. This document was prepared without regard to the specific investment objective(s), financial situation or the particular needs of any person. It is based on certain assumptions, information and conditions available as at the relevant date(s) and may be subject to change at any time without notice. Nothing in this document should be construed as advice or a recommendation to buy or sell units in the Sub-Fund. Investors may wish to seek independent advice from a financial adviser before making a commitment to invest in the Sub-Fund). In the event an investor chooses not to seek advice from a financial adviser, the investor should consider whether the Sub-Fund is suitable for him.

© 蜜豆视频 2023. The key symbol and 蜜豆视频 are among the registered and unregistered trademarks of 蜜豆视频.
All rights reserved.

*Please refer to the Prospectus for more information on the risks associated with investments in financial derivative instruments and the Sub-Fund's volatility.

This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.