Funds and prices
Share class
Morningstar Rating
Bloomberg Ticker
蜜豆视频OIBA LX
NAV
377.53
03.04.2024
YTD
7.21%
as of 03.04.2024
3M
9.07%
as of 03.04.2024
1Y
27.48%
as of 03.04.2024
Share Class name
蜜豆视频 (Lux) Equity SICAV - US Opportunity (USD) I-B-acc
Overview
Very active fund management based on a concentrated equity portfolio that invests in selected US companies.
Compelling active security selection.
Small and mid cap equities added to the portfolio.
Market exposure may also deviate from that of the reference index to take account of market valuation.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
Benefits
Efficient access to the US equity markets.
The concentrated portfolio allows investors to benefit in a highly effective manner from 蜜豆视频 Asset Management research.
Higher outperformance potential via additional investment opportunities in the small and mid-cap area and flexible management of market exposure.
Investors benefit from the fact that 蜜豆视频 is one of the few asset managers with a truly global investment platform.
Risks
蜜豆视频 Opportunity Equity Funds invest in equities and may therefore be subject to high fluctuations in value. As these 蜜豆视频 Funds pursue an active management style, each Fund's performance can deviate substantially from that of its reference index. All investments are subject to market fluctuations. Every Fund has specific risks, which can significantly increase under unusual market conditions. The fund can use derivatives, which may result in additional risks (particularly counterparty risk). All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. Please consult your client advisor for more information on the investment risks of this product.
Features
| Product category |
Equity
USA |
| Product domicile |
Luxembourg
|
| Portfolio management |
蜜豆视频 Asset Management (Americas) LLC, New York
|
| Fund management |
蜜豆视频 Fund Management (Luxembourg) S.A., Luxembourg
|
| Custodian bank |
蜜豆视频 Europe SE, Luxembourg Branch
|
| Representative for products established under foreign law |
蜜豆视频 Asset Management (UK) Limited
|
| Day of inception |
15 March 2013
|
| Currency of account |
USD
|
| Close of financial year |
31 May
|
| Issue / redemption |
daily
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Flat fee |
0.07% p.a.
|
| Management fee |
0.00% p.a.
|
| Total expense ratio (TER) |
0.09% p.a.
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark |
MSCI USA (net div. reinv.)
|
| Cut-Off Time |
15:00h (CET)
|
| ISIN |
LU0399039899
|
| Bloomberg Ticker |
蜜豆视频OIBA LX
|
| Telekurs Id |
n.a.
|
Performance and Prices
Percentage growth
as of 03 April 2024
Cumulative
| USD(%) | EUR(%) | |
| YTD | ||
| 1M | ||
| 3M | 9.07 | 9.91 |
| 6M | 21.26 | 17.37 |
| 1Y | 27.48 | 28.26 |
| 2Y | 16.32 | 18.62 |
| 3Y | 30.14 | 41.42 |
| 5Y | ||
| ø p.a.5Y | 14.01 | 14.85 |
Discrete Annual
| USD(%) | EUR(%) | |
| Q1 2023 to Q1 2024 | 29.13 | 29.90 |
| Q1 2022 to Q1 2023 | -8.49 | -6.28 |
| Q1 2021 to Q1 2022 | 13.04 | 19.40 |
| Q1 2020 to Q1 2021 | 76.99 | 65.24 |
| Q1 2019 to Q1 2020 | -15.91 | -13.95 |
Current data
| Net asset value | 03.04.2024 | USD 377.53 |
| High - last 12 months | 28.03.2024 | USD 381.05 |
| Low - last 12 months | 04.05.2023 | USD 291.51 |
| Assets of the unit class in mn | 03.04.2024 | USD 52.04 |
| Total product assets in mn | 03.04.2024 | USD 159.38 |
Statistical data
|
Date
|
2 years
|
5 years
|
|
| Total risk reference index / benchmark | 29.02.2024 | 19.84% | 18.67% |
| Sharpe Ratio | 29.02.2024 | 0.20 | 0.58 |
| Risk Free Rate | 31.03.2024 | 4.15% | 2.15% |
Structures
By the 10 largest equity positions (in %, as of 29 February 2024)
|
|
|
| Microsoft Corp | 6.73 |
| Amazon.com Inc | 4.15 |
| Alphabet Inc | 3.72 |
| UnitedHealth Group Inc | 3.08 |
| Marsh & McLennan Cos Inc | 2.80 |
| Ingersoll Rand Inc | 2.66 |
| Visa Inc | 2.59 |
| Advanced Micro Devices Inc | 2.52 |
| Fidelity National Information Services Inc | 2.51 |
| Erie Indemnity Co | 2.37 |
10 largest positions short (in %) (in %, as of 29 February 2024)
|
|
|
| Keysight Technologies Inc | 0.49 |
| Varonis Systems Inc | 0.56 |
| Prologis Inc | 0.59 |
| Eagle Materials Inc | 0.59 |
| Wolfspeed Inc | 0.71 |
| MSA Safety Inc | 0.74 |
| Devon Energy Corp | 0.75 |
| Starbucks Corp | 0.77 |
| Intel Corp | 0.80 |
| Zoom Video Communications Inc | 0.81 |
Fees
Flat fee
0.0650%
Management fee p.a.
0.0000%
Distributions
No distributions. Continuous reinvestment of income.
Authorisations
Literature
Brochures
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 May)
|
Document type
|
Document Language
|
| Annual report |
|
| Semi-annual report |
|
