Funds and prices
Overview
The actively managed fund invests mainly in RMB-denominated fixed-income instruments that are primarily issued by, but not limited to, the central government or local governments, government-related entities, banks and other financial institutions or corporate entities.
Investments are conducted in the onshore China Interbank Bond Market (CIBM), and may include both direct securities (physical bonds) and derivatives related to fixed income securities where allowed.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
The exchange rate risk between CNY and EUR is not hedged.
This share class (qdist) may make quarterly distributions. There are potential negative tax consequences for investors in some jurisdictions. See risk section below.
Benefits
This diversified bond portfolio can be used to participate in the opportunities in the China fixed income market , as well as exposure to Chinese Yuan.
The fund is managed across duration, yield curve, sector and security selection in accordance with market conditions. This allows the portfolio to be dynamically adjusted throughout market cycles.
Risks
Features
Asset class |
Bond
Aggregate |
Product domicile |
Luxembourg
|
Portfolio management |
ÃÛ¶¹ÊÓƵ Asset Management (Singapore) Ltd
|
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 Asset Management (Singapore) Ltd.
|
Day of inception |
24 September, 2020
|
Currency of account |
EUR
|
Close of financial year |
31 May
|
Issue / redemption |
daily
|
Maturity |
Open end
|
Management fee |
0.44% p.a.
|
Total expense ratio (TER) |
0.58% p.a.
|
Minimum investment |
n.a.
|
Reference Index / Benchmark |
Bloomberg China Aggregate Index in EUR
|
Cut-Off Time |
11:00h (CET)
|
ISIN |
LU2230637725
|
Bloomberg Ticker |
UBFIRIE LX
|
Performance and Prices
Percentage growth
as of 16 May, 2023EUR(%) | |
YTD | |
1M | |
3M | |
6M | |
1Y | -3.54 |
2Y | |
3Y | - |
5Y | - |
ø p.a.5Y |
Current data
Net asset value | 17.05.2023 | EUR 0.00 |
High - last 12 months | 12.07.2022 | EUR 121.72 |
Low - last 12 months | 17.05.2023 | EUR 0.00 |
Last distribution | 20.04.2023 | EUR 0.87 |
Assets of the unit class in mn | 16.05.2023 | EUR 0.03 |
Assets under management | 16.05.2023 | EUR 518.26 |
Option Adjusted Duration | 28.04.2023 | 5.78 |
Structures
Fees
Distributions
Date of distribution
|
Pay date
|
Currency
|
Distribution
|
EU Savings Tax - Tax domicile other EU country
|
Ex-date
|
||||||||||||||||||
15.07.2022 | 20.07.2022 | 8 | EUR | 1.02 | n.a. | 17.10.2022 | 20.10.2022 | 9 | EUR | 0.94 | n.a. | 17.01.2023 | 20.01.2023 | 10 | EUR | 0.88 | n.a. | 17.04.2023 | 20.04.2023 | 11 | EUR | 0.87 | n.a. |