Funds and prices

Overview

The ÃÛ¶¹ÊÓÆµ MSCI World Minimum Volatility Index Fund (the Fund) seeks to track the return of the MSCI World Minimum Volatility (GBP) Index (the Index) before the deduction of charges. The Fund employs a passive investment strategy, investing all, or substantially all, of its assets in the shares of companies that make up the Index. To the extent that the Fund is not fully invested in the constituents of the Index, it may be invested in shares of companies which in the Manager's opinion are reasonably expected to become part of the Index.

The Index is comprised of large and medium size companies in developed markets, selected and weighted based on volatility considerations and a set of constraints that help maintain replicability and investability. The variant of the Index used is the Net version which considers Index constituents based on reinvestment of cash distributions net of tax. For benchmarking purposes ÃÛ¶¹ÊÓÆµ convert the Index from USD to GBP using the 4pm (UK time) FX rates provided by WM/Reuters. The Fund is not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The Fund Prospectus contains a more detailed description of the limited relationship MSCI has with ÃÛ¶¹ÊÓÆµ AG and any related funds.

Benefits

The fund aims to replicate the performance of the MSCI World Minimum Volatility index and exhibit low levels of active risk.

Having been an early adopter of alternative beta indexation, investors can rely on the investment team's extensive experience in managing alternative beta indices such as the MSCI World Minimum Volatility.

Risks

Equity risk: Equities (also known as shares) can lose value rapidly and typically involve higher risks than bonds. Counterparty risk: counterparties on trades may default or not comply with contractual obligations resulting in loss. Exchange rate risk: the value of investments may be impacted by changes in the exchange rates of currencies. Derivatives risk: derivatives can be highly sensitive to changes in the value of the asset on which they are based which can increase the size of losses and gains. Liquidity risk: securities may become more difficult to sell or sell at a desired price during difficult market conditions.

Features

Product category
Equity
Country & Regional
Product domicile
United Kingdom
Portfolio management
ÃÛ¶¹ÊÓÆµ Asset Management (UK) Ltd., London
Fund management
ÃÛ¶¹ÊÓÆµ Asset Management Funds Ltd., London
Custodian bank
JPMorgan Chase Bank, London
Day of inception
21 January 2020
Currency of account
GBP
Close of financial year
31 March
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Management fee
0.00% p.a.
Minimum investment
n.a.
Reference Index / Benchmark
MSCI World Minimum Volatility GBP Index
Cut-Off Time
12:00h (GMT)
ISIN
GB00BL2F1K67
Bloomberg Ticker
UBMVIEG LN

Performance and Prices

Percentage growth

as of 02 April 2024
Cumulative
GBP(%) EUR(%)
YTD
1M
3M 4.53 5.77
6M 9.22 10.41
1Y 9.01 11.81
2Y 8.58 6.72
3Y 25.69 24.85
5Y
ø p.a.5Y
Discrete Annual
GBP(%) EUR(%)
Q1 2023 to Q1 2024 9.55 12.59
Q1 2022 to Q1 2023 0.59 -3.25
Q1 2021 to Q1 2022 15.08 16.01
Q1 2020 to Q1 2021 14.16 18.59
Q1 2019 to Q1 2020 - -

Current data

Net asset value 03.04.2024 GBP 6,016.1801
High - last 12 months 28.03.2024 GBP 6,082.8086
Low - last 12 months 13.07.2023 GBP 5,363.7977
Assets of the unit class in mn 03.04.2024 GBP 204.97
Total product assets in mn 03.04.2024 GBP 245.02
Statistical data
Date
2 years
5 years
Total risk reference index / benchmark 29.02.2024 7.52% n.a.
Sharpe Ratio 29.02.2024 0.40 n.a.
Risk Free Rate 31.03.2024 3.71% 1.71%

Structures

Fees

Distributions

No distributions. Continuous reinvestment of income.

Authorisations

Country of distribution
Representative / Information
United Kingdom
ÃÛ¶¹ÊÓÆµ Asset Management (UK) Limited

Literature

Agreement / Prospectus
Document type
Document Language
Key Investor Information (KIID)
UK Climate Report
General information
Document type
Document Language
Schedule of non-dealing days
Supplementary Information Document (SID)
Understanding our fund charges and costs
Application forms
Document type
Document Language
ISA Application Form
ISA Transfer Form
OEIC Application Form
OEIC Application Form Entity
OEIC ISA Redemption Request Form
OEIC ISA Switch Form
APS ISA Application Form
APS ISA Transfer Authourity Form
Small Estate Form