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
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 |
Date
|
2 years
|
5 years
|
|
Risk Free Rate | 31.03.2024 | 3.71% | 1.71% |
Structures
Fees
Distributions
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
Literature
Document type
|
Document Language
|
Key Investor Information (KIID) |
|
UK Climate Report |
|
Document type
|
Document Language
|
Schedule of non-dealing days |
|
Supplementary Information Document (SID) |
|
Understanding our fund charges and costs |
|
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 |
|