Funds and prices
Overview
The actively managed fund invests worldwide in equities in developed and emerging markets, in government, corporate, high-yield, emerging market and inflation-linked bonds, real estate securities and commodities.
The fund combines four scenario portfolios that are tailored to the corresponding phase of the economic cycle: upswing, boom, downswing and recession.
The fund aims to reduce risk (volatility) by keeping the scenario portfolios' impact on performance in balance.
Investments are largely hedged versus the reference currency.
The fund invests without any benchmark restrictions. The performance of the fund is not benchmarked against an index.
Owing to the varying mixed asset allocation, this fund could be treated in specific phases as a bond fund for tax purposes in the UK. Investors should therefore contact a tax advisor.
The exchange rate risk between USD and CHF is largely hedged.
Benefits
The fund enables investors to remain invested throughout the various phases of the economic cycle.
No individual part of the fund portfolio can exert too large an influence on performance.
Active economic cycle management can increase the fund's return potential.
Risks
Features
| Product category |
蜜豆视频 Asset Allocation Funds
蜜豆视频 All-Rounder 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 |
BNP PARIBAS Securities Services
|
| Day of inception |
August 7, 2015
|
| Currency of account |
CHF
|
| Close of financial year |
September 30
|
| Issue / redemption |
daily
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Management fee |
0.66% p.a.
|
| Total expense ratio (TER) |
1.01% p.a.
|
| Swing pricing |
yes
|
| Minimum investment |
n.a.
|
| ISIN |
LU0397602409
|
| Bloomberg Ticker |
UBRSGCQ LX
|
Performance and Prices
Percentage growth
as of April 2, 2024| CHF(%) | |
| YTD | |
| 1M | |
| 3M | |
| 6M | |
| 1Y | 1.78 |
| 2Y | -7.86 |
| 3Y | -4.89 |
| 5Y | 4.80 |
| ø p.a.5Y |
Current data
| Net asset value | 03.04.2024 | CHF 113.87 |
| High - last 12 months | 28.03.2024 | CHF 114.24 |
| Low - last 12 months | 26.10.2023 | CHF 105.11 |
| Assets of the unit class in mn | 03.04.2024 | CHF 15.64 |
| Total product assets in mn | 03.04.2024 | CHF 147.76 |
Structures
Fees
Distributions
Authorisations
Literature
|
Document type
|
Document Language
|
|
| Prospectus |
|
|
| Key Information Document |
|
|
| Past performance |
|
|
| Previous performance scenario |
|
|
|
Document type
|
Document Language
|
|
| Annual report |
|
|
| Semi-annual report |
|
|
