Funds and prices
Overview
The actively managed fund invests principally in Chinese firms and the majority of net assets are invested in China A Shares, which are stocks in Chinese companies that are registered in China’s local markets and can only be traded by the local Chinese and selected foreign institutional investors who are allotted Qualified Foreign Institutional Investors ("QFII") quota.
The Fund is managed by a team of experienced equity specialists who are well-acquainted with the Chinese financial markets.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
Benefits
Easy access to investment opportunities provided by a rapidly growing Chinese economy. Investors gain access to local Chinese shares, e.g. China A shares.
An experienced portfolio management team, that can leverage local investment expertise in the Chinese market via our joint venture 蜜豆视频 SDIC in China
Risks
Features
| Product category |
蜜豆视频 Equity Funds
蜜豆视频 Opportunity Equity Funds |
| Product domicile |
Luxembourg
|
| Portfolio management |
蜜豆视频 Asset Management (Hong Kong) Ltd., Hong Kong
|
| 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 |
29 November 2013
|
| Currency of account |
USD
|
| Close of financial year |
31 January
|
| Issue / redemption |
daily
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Management fee |
1.60% p.a.
|
| Total expense ratio (TER) |
2.06% p.a.
|
| Swing pricing |
yes
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark |
MSCI China A Onshore (net div. reinv.)
|
| ISIN |
LU0971614614
|
| Bloomberg Ticker |
UBCAPA2 LX
|
| Telekurs Id |
n.a.
|
Performance and Prices
Percentage growth
as of 03 April 2024| USD(%) | EUR(%) | |
| YTD | ||
| 1M | ||
| 3M | 2.38 | 3.16 |
| 6M | -4.77 | -7.05 |
| 1Y | -14.68 | -14.16 |
| 2Y | -25.88 | -24.41 |
| 3Y | -45.09 | -40.33 |
| 5Y | ||
| ø p.a.5Y | -3.98 | -3.27 |
| USD(%) | EUR(%) | |
| Q1 2023 to Q1 2024 | -15.26 | -14.76 |
| Q1 2022 to Q1 2023 | -12.27 | -10.16 |
| Q1 2021 to Q1 2022 | -25.57 | -21.37 |
| Q1 2020 to Q1 2021 | 46.59 | 36.86 |
| Q1 2019 to Q1 2020 | 2.57 | 4.96 |
Current data
| Net asset value | 03.04.2024 | USD 222.90 |
| High - last 12 months | 18.04.2023 | USD 266.24 |
| Low - last 12 months | 02.02.2024 | USD 207.15 |
| Assets of the unit class in mn | 03.04.2024 | USD 703.93 |
| Total product assets in mn | 03.04.2024 | USD 1,310.09 |
|
Date
|
2 years
|
5 years
|
|
| Total risk reference index / benchmark | 29.02.2024 | 24.01% | 20.98% |
| Sharpe Ratio | 29.02.2024 | -0.84 | -0.19 |
| Risk Free Rate | 31.03.2024 | 4.15% | 2.15% |
Structures
By the 10 largest positions (in %, as of 29 February 2024)
|
|
|
| KWEICHOW MOUTAI CO LTD-A | 9.84 |
| CHINA MERCHANTS BANK-A | 9.78 |
| MIDEA GROUP CO LTD-A | 8.55 |
| YUNNAN BAIYAO GROUP CO LTD-A | 8.15 |
| JIANGSU HENGRUI PHARMACEUT-A | 4.80 |
| NETEASE INC | 4.72 |
| INNER MONGOLIA YILI INDUS-A | 4.61 |
| PING AN INSURANCE A CNY1 | 3.79 |
| DONG-E-E-JIAOCO LTD-A | 3.62 |
| FUYAO GLASS INDUSTRY GROUP-A | 3.12 |
Fees
Distributions
Authorisations
Literature
|
Document type
|
Document Language
|
| Prospectus |
|
| Country supplement |
|
| Key Investor Information (KIID) |
|
| Past performance |
|
| Previous performance scenario |
|
| ESG Disclosure |
|
|
Document type
|
Document Language
|
| Annual report |
|
| SFDR Periodic Report Annex |
|
| Semi-annual report |
|
