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
ÃÛ¶¹ÊÓÆµ Equity Funds
ÃÛ¶¹ÊÓÆµ Country & Regional Funds
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
20 July 2023
Currency of account
GBP
Close of financial year
31 March
Issue / redemption
daily
Maturity
Open end
Management fee
0.20% p.a.
Swing pricing
yes
Minimum investment
n.a.
Reference Index / Benchmark
MSCI World Minimum Volatility GBP Index
ISIN
GB00BX9C1Q02
Bloomberg Ticker
UBMVICG LN

Performance and Prices

Percentage growth

Current data

Net asset value 03.04.2024 GBP 0.1040
High - last 12 months 28.03.2024 GBP 0.1061
Low - last 12 months 22.08.2023 GBP 0.0944
Last distribution 31.05.2024 GBP 0.0010
Assets of the unit class in mn 03.04.2024 GBP 0.49
Total product assets in mn 03.04.2024 GBP 245.02
Statistical data
Date
2 years
5 years
Risk Free Rate 31.03.2024 3.71% 1.71%

Structures

Fees

Flat fee
n.a.
Management fee p.a.
0.20%
Max. issuing commission
0.00%
Max. redemption commission
0.00%
Distribution fee
(see info)

Distributions

From
01-Nov-2020
To
01-Nov-2021
Date of distribution
Pay date
Cps no.
Currency
Distribution
03.04.2023 31.05.2023 - GBP 0.0008 02.10.2023 30.11.2023 - GBP 0.0004 02.04.2024 31.05.2024 - GBP 0.0010

Authorisations

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

Literature

Brochures
Document type
Document Language
Fact Sheet
Fact Sheet - ÃÛ¶¹ÊÓÆµ Equity Funds
Fact Sheet - ÃÛ¶¹ÊÓÆµ Country & Regional Funds
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