Funds and prices
Overview
Actively managed fund which invests globally in fixed income and equities using disciplined risk budgeting and independent of a reference index.
Very active, flexible management. Portfolio adjusted in line with the latest market expectations, with an aim to limit drawdowns. As with any investment, the risk of a loss cannot be ruled out.
Foreign currencies are largely hedged versus the reference currency. Nevertheless, an active currency strategy is applied.
Owing to the varying mixed asset allocation, this fund could be treated in specific phases as a bond fund for tax purposes in the UK. Investors should therefore contact a tax advisor.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
The exchange rate risk between USD and EUR is largely hedged.
Benefits
Innovative techniques to exploit return potential in any market environment.
Transparent return target.
Very active management and global diversification.
Major market fluctuations can be cushioned.
Risks
Features
| Product category |
蜜豆视频 Asset Allocation Funds
蜜豆视频 Dynamic Alpha Funds |
| Product domicile |
Luxembourg
|
| Portfolio management |
蜜豆视频 Asset Management Switzerland AG, Zurich
|
| 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 |
26 November 2012
|
| Currency of account |
EUR
|
| Close of financial year |
30 September
|
| Issue / redemption |
daily
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Management fee |
1.58% p.a.
|
| Total expense ratio (TER) |
2.05% p.a.
|
| Swing pricing |
yes
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark |
FTSE EUR 3M Eurodeposits + 4.50% p.a.
|
| ISIN |
LU0849401350
|
| Bloomberg Ticker |
蜜豆视频DAPE LX
|
| Telekurs Id |
n.a.
|
Performance and Prices
Percentage growth
as of 03 April 2024| EUR(%) | |
| YTD | |
| 1M | |
| 3M | 1.23 |
| 6M | 5.36 |
| 1Y | 4.79 |
| 2Y | -1.84 |
| 3Y | -1.69 |
| 5Y | |
| ø p.a.5Y | 0.64 |
| EUR(%) | |
| Q1 2023 to Q1 2024 | 5.38 |
| Q1 2022 to Q1 2023 | -6.84 |
| Q1 2021 to Q1 2022 | 0.27 |
| Q1 2020 to Q1 2021 | 15.68 |
| Q1 2019 to Q1 2020 | -8.69 |
Current data
| Net asset value | 03.04.2024 | EUR 98.10 |
| High - last 12 months | 27.03.2024 | EUR 98.26 |
| Low - last 12 months | 31.05.2023 | EUR 92.09 |
| Assets of the unit class in mn | 03.04.2024 | EUR 0.72 |
| Total product assets in mn | 03.04.2024 | EUR 55.69 |
Structures
By currencies (hedged) (in %, as of 29 February 2024)
|
|
|
|
| 1 | AUD | 3.00 |
| 2 | NZD | -9.00 |
| 3 | EUR | 94.00 |
| 4 | CHF | -3.00 |
| 5 | SEK | 0.00 |
| 6 | GBP | -6.00 |
| 7 | JPY | 15.00 |
| 8 | SGD | 0.00 |
| 9 | THB | 0.00 |
| 10 | TWD | 0.00 |
| 11 | USD | -4.50 |
| 12 | CAD | -3.00 |
| 13 | BRL | 4.50 |
| 14 | CLP | 0.00 |
| 15 | CNH | -10.50 |
| 16 | COP | 3.00 |
| 17 | CZK | -3.00 |
| 18 | HUF | 0.00 |
| 19 | IDR | 3.00 |
| 20 | ILS | 0.00 |
| 21 | INR | 0.00 |
| 22 | KRW | 0.00 |
| 23 | LVL | 0.00 |
| 24 | MXN | 0.00 |
| 25 | MYR | 0.00 |
| 26 | NOK | 15.00 |
| 27 | PHP | 0.00 |
| 28 | PLN | 0.00 |
| 29 | RUB | 0.00 |
| 30 | SAR | 0.00 |
| 31 | TRY | 0.00 |
| 32 | ZAR | 1.50 |
Fees
Distributions
Authorisations
Literature
|
Document type
|
Document Language
|
| Prospectus |
|
| Country supplement |
|
| Key Investor Information (KIID) |
|
| Past performance |
|
| Previous performance scenario |
|
|
Document type
|
Document Language
|
| Annual report |
|
| Semi-annual report |
|
