Funds and prices

Overview

The actively managed fund seeks attractive total return by investing in a diversified portfolio of Chinese equities and fixed income.

Investment is approximately 50% in Chinese equity and 50% in Chinese Fixed Income.

Actively seizes promising market opportunities via selection of individual stocks and bonds as well as by allocation between the equity and fixed income asset classes.

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 fund invests without any benchmark restrictions. The performance of the fund is not benchmarked against an index.

The exchange rate risk between USD and EUR is not hedged.

Benefits

Participate in the growth and increasing internationalization of the Chinese economy and markets via select investments in both fixed income and equities.

The portfolio is adjusted to market conditions to proactively include the most interesting opportunities.

Investors can rely on an experienced local portfolio management team with a proven track record.

Risks

Investments in China may be affected by legal uncertainties or other accompanying factors related to the political situation and economic and regulatory developments in China, and may entail additional risks and volatility. The fund may be subject to withholding and other taxes imposed in China. Tax laws, regulations and practice in China are subject to change and may be amended with retrospective effect. Investments in RMB involve the risk that Chinese government’s currency control and future movements in exchange rates may adversely affect the fund's value. The fund may use derivatives which may result in additional risks (particularly counterparty risk). Every fund has specific risks, which can significantly increase under unusual market conditions.

Features

Product category
ÃÛ¶¹ÊÓÆµ Asset Allocation Funds
ÃÛ¶¹ÊÓÆµ Emerging Markets Allocation Funds
Product domicile
Luxembourg
Portfolio management
ÃÛ¶¹ÊÓÆµ Asset Management (Hong Kong) Ltd., Hong Kong
Fund management
ÃÛ¶¹ÊÓÆµ Fund Management (Luxembourg) S.A., Luxembourg
Custodian bank
ÃÛ¶¹ÊÓÆµ Europe SE, Luxembourg Branch
Representative for products established under foreign law
BNP PARIBAS Securities Services
Day of inception
November 25, 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
1.44% p.a.
Total expense ratio (TER)
1.89% p.a.
Swing pricing
yes
Minimum investment
n.a.
ISIN
LU2257594486
Bloomberg Ticker
UBAOUEP LX

Performance and Prices

Percentage growth

as of April 3, 2024
Cumulative
EUR(%)
YTD
1M
3M
6M
1Y -9.65
2Y -18.24
3Y -40.74
5Y -
ø p.a.5Y

Current data

Net asset value 03.04.2024 EUR 61.62
High - last 12 months 06.04.2023 EUR 67.86
Low - last 12 months 22.01.2024 EUR 56.55
Assets of the unit class in mn 03.04.2024 EUR 0.06
Total product assets in mn 03.04.2024 EUR 879.55
Statistical data
Date
2 years
5 years
Sharpe Ratio 29.02.2024 -0.84 n.a.
Risk Free Rate 31.03.2024 2.23% 0.61%

Structures

Fees

Flat fee
1.80%
Management fee p.a.
1.44%
Max. issuing commission
4.00%
Max. redemption commission
0.00%
Distribution fee
(see info)

Distributions

No distributions. Continuous reinvestment of income.

Authorisations

Country of distribution
Representative / Information
Austria
Ernst & Young Steuerberatungsgesellschaft m.b.H. Wien
Belgium
BNP PARIBAS Securities Services
Cyprus
Bank of Cyprus Ltd.
Finland
ÃÛ¶¹ÊÓÆµ AG, Stockholm
France
BNP PARIBAS Securities Services
Germany
ÃÛ¶¹ÊÓÆµ Europe SE
Greece
Bank of Cyprus Ltd.
Italy
ÃÛ¶¹ÊÓÆµ Asset Management SGR S.p.A.
Liechtenstein
Liechtensteinische Landesbank AG
Luxembourg
ÃÛ¶¹ÊÓÆµ Fund Services (Luxembourg) S.A.
Netherlands
ÃÛ¶¹ÊÓÆµ Investment Bank Nederland BV.
Spain
ÃÛ¶¹ÊÓÆµ Europe SE, sucursal en España
Sweden
ÃÛ¶¹ÊÓÆµ AG, Stockholm
Switzerland
ÃÛ¶¹ÊÓÆµ Fund Management (Switzerland) AG
United Kingdom
ÃÛ¶¹ÊÓÆµ Asset Management (UK) Limited

Literature

Agreement / Prospectus
Document type
Document Language
Prospectus
Key Information Document
Past performance
Previous performance scenario
Annual and semi-annual report (accounting on September 30)
Document type
Document Language
Annual report
Semi-annual report