Funds and prices

Overview

The Fund is actively managed and only invests in diversified, high quality money market instruments with a first class rating that exhibit a solid ESG profile (environmental, social and governance).

ÃÛ¶¹ÊÓÆµ Asset Management classifies this fund as a Sustainability Focus Fund, which promotes environmental and social characteristics in accordance with SFDR Article 8. The research and portfolio construction processes incorporate ESG risk integration and screening and comply with ÃÛ¶¹ÊÓÆµ Asset Management Sustainability exclusion policy. For more information on Sustainability at ÃÛ¶¹ÊÓÆµ, please refer to www.ubs.com/am-si-commitment.

The weighted average maturity of the securities in the portfolio may not exceed 6 months, while the final maturity of any fixed interest rate investment may not exceed 1 year.

Classified as 'Standard VNAV Money Market Fund' by the common European money market fund definition.

Principal investment objective to generate long-term performance consistent with prevailing market indices for money market instruments denominated in the fund's currency. At times of high market volatility, the fund's performance may diverge significantly from that of the benchmark.

This sub-fund promotes environmental and/or social characteristics but does not have a sustainable investment objective.

Benefits

Conservatively positioned with an investment objective to preserve invested capital.

Well diversified portfolio of high quality money market instruments.

Actively managed by experienced specialists, supported by in-house credit researchers.

Low NAV volatility (variable NAV).

Daily subscriptions and redemptions.

Competitive money market yields.

Benefiting from ÃÛ¶¹ÊÓÆµ's money market purchasing power.

Risks

The funds invest in money market instruments and may therefore be subject to volatility. For funds following the mark-to-market approach the value of a unit may fall below the purchase price. Changes in interest rates have an effect on the value of the portfolio. The funds might use derivatives which can reduce investor risks or give rise to market risks as well as potential loss due to failure of counterparty. High-grade investment instruments are usually subject to a low credit risk (i.e. potential loss due to failure of issuer). Every fund reveals specific risks. These aspects require corresponding risk tolerance and capacity.

Features

Product category
ÃÛ¶¹ÊÓÆµ Money Market Funds
ÃÛ¶¹ÊÓÆµ Money Market Funds
Product domicile
Luxembourg
Portfolio management
ÃÛ¶¹ÊÓÆµ Asset Management Switzerland AG, Zurich
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
ÃÛ¶¹ÊÓÆµ Asset Management (UK) Limited
Day of inception
18 February 2009
Currency of account
AUD
Close of financial year
31 October
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Current management fee
0.19% p.a.
Maximum management fee
0.19% p.a.
Total expense ratio (TER)
0.30% p.a.
Minimum investment
n.a.
Reference Index / Benchmark
FTSE AUD 3M Eurodeposits
ISIN
LU0395200446
Bloomberg Ticker
ÃÛ¶¹ÊÓÆµMAK1 LX

Performance and Prices

Percentage growth

as of 03 April 2024
Cumulative
AUD(%) EUR(%)
YTD
1M
3M 1.01 -0.76
6M 2.06 2.59
1Y 4.01 0.99
2Y 5.82 -5.70
3Y 5.84 -0.97
5Y
ø p.a.5Y 1.45 0.50
Discrete Annual
AUD(%) EUR(%)
Q1 2023 to Q1 2024 3.96 1.87
Q1 2022 to Q1 2023 1.73 -7.08
Q1 2021 to Q1 2022 0.03 4.17
Q1 2020 to Q1 2021 0.27 16.50
Q1 2019 to Q1 2020 1.28 -10.70

Current data

Net asset value 03.04.2024 AUD 7,195,026.79
High - last 12 months 03.04.2024 AUD 7,195,026.79
Low - last 12 months 05.04.2023 AUD 6,922,521.48
Assets of the unit class in mn 03.04.2024 AUD 14.46
Total product assets in mn 03.04.2024 AUD 180.25
Average remaining maturity 29.02.2024 104.55 days

Structures

By the 10 largest positions (in %, as of 29 February 2024)

 
 
MUNICIPALITY FINANCE PLC 5 20 Mar 2024 4.15
NEW S WALES TREASURY CORP 5 20 Aug 2024 4.08
LANDWIRTSCH. RENTENBANK 4.75 08 Apr 2024 4.05
WESTPAC BANKING CORP 2.25 16 Aug 2024 3.73
TORONTO-DOMINION BANK 5.3637 10 Jul 2024 3.69
MIZUHO BANK LTD SYDNEY 1.7 07 Aug 2024 3.61
AUSTRALIAN GOVERNMENT 2.75 21 Apr 2024 3.50
KOMMUNALBANKEN AS 5.25 15 Jul 2024 3.48
INTL FINANCE CORP 1.45 22 Jul 2024 3.44
COCA-COLA CO/THE 3.25 11 Jun 2024 3.12

Fees

Maximum flat fee
0.24%
Current flat fee
0.24%
Maximum management fee
0.19%
Current management fee
0.19%
Max. issuing commission
3.00%
Max. redemption commission
0.00%
Distribution fee
(see info)

Distributions

No distributions. Continuous reinvestment of income.

Authorisations

Country of distribution
Representative / Information
Cyprus
Bank of Cyprus Ltd.
Germany
ÃÛ¶¹ÊÓÆµ Europe SE
Liechtenstein
Liechtensteinische Landesbank AG
Luxembourg
ÃÛ¶¹ÊÓÆµ Fund Services (Luxembourg) S.A.
Switzerland
ÃÛ¶¹ÊÓÆµ Fund Management (Switzerland) AG
Taiwan
ÃÛ¶¹ÊÓÆµ Asset Management (Taiwan) Ltd.
United Kingdom
ÃÛ¶¹ÊÓÆµ Asset Management (UK) Limited

Literature

Brochures
Document type
Document Language
Fact Sheet
Fact Sheet - ÃÛ¶¹ÊÓÆµ Money Market Funds
Agreement / Prospectus
Document type
Document Language
Prospectus
Country supplement
Key Investor Information (KIID)
Past performance
Previous performance scenario
Annual and semi-annual report (accounting on 31 October)
Document type
Document Language
Annual report
Semi-annual report