Funds and prices
Overview
The actively managed fund invests in global corporate bonds mainly from the investment grade universe.
Careful security and sector selection and active duration management.
Investment target is to achieve as high a return as possible in line with the development of the global corporate bond market.
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
Clients profit from the return potential of corporate bonds, which is higher than that of government bonds.
Active portfolio management ensures that particular attention is paid to the prevailing economic situation, sector selection and issuers' credit ratings.
Risk is kept in check via meticulous company analysis and broad diversification of the portfolio.
The fund is particularly appropriate for clients with a medium-term investment horizon who are willing to take on more risk than for investments in government bonds in order to benefit from potentially attractive returns.
Risks
Features
| Product category |
蜜豆视频 Bond Funds
蜜豆视频 Classic Bond Funds |
| 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 |
蜜豆视频 Europe SE, Luxembourg Branch
|
| Representative for products established under foreign law |
BNP PARIBAS Securities Services
|
| Day of inception |
March 23, 2021
|
| Currency of account |
EUR
|
| Close of financial year |
May 31
|
| Issue / redemption |
daily
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Management fee |
0.68% p.a.
|
| Total expense ratio (TER) |
0.88% p.a.
|
| Swing pricing |
yes
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark |
Bloomberg Global Aggregate - Corporates (hedged EUR)
|
| ISIN |
LU0390864923
|
| Bloomberg Ticker |
UBGCEHP LX
|
Performance and Prices
Percentage growth
as of March 19, 2024| EUR(%) | |
| YTD | |
| 1M | |
| 3M | |
| 6M | |
| 1Y | 3.15 |
| 2Y | -5.81 |
| 3Y | - |
| 5Y | - |
| ø p.a.5Y |
Current data
| Net asset value | 20.03.2024 | EUR 0.00 |
| High - last 12 months | 01.02.2024 | EUR 89.71 |
| Low - last 12 months | 20.03.2024 | EUR 0.00 |
| Assets of the unit class in mn | 19.03.2024 | EUR 0.01 |
| Total product assets in mn | 19.03.2024 | EUR 514.57 |
| Average remaining maturity | 29.02.2024 | 9.06 years |
Structures
Fees
Distributions
Authorisations
Literature
|
Document type
|
Document Language
|
|
| Prospectus |
|
|
| Key Information Document |
|
|
| Past performance |
|
|
| Previous performance scenario |
|
|
| ESG Disclosure |
|
|
|
Document type
|
Document Language
|
|
| Annual report |
|
|
| Semi-annual report |
|
|
