Funds and prices
Overview
Very actively managed equity fund based on a concentrated equity portfolio investing in selected Chinese companies
The manager is given great flexibility to take focused views on the most attractive stocks and exploit the best opportunities, unconstrained by the reference index.
Diversified across sectors offering broad coverage of the Chinese market
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 not hedged.
Benefits
Easy access to investment opportunities provided by a rapidly growing Chinese economy. Investors gain access to all classes of shares providing China equity exposure: A, B and H shares as well as Red Chips
Due to the significant deviation from the reference index, the fund offers the potential to outperform the reference index.
Investors benefit from 蜜豆视频 being one of the few asset managers with a truly global investment platform
The experienced portfolio management team 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 |
16 January 2019
|
| Currency of account |
USD
|
| Currency of unit class |
EUR
|
| Close of financial year |
30 November
|
| Issue / redemption |
daily
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Management fee |
1.12% p.a.
|
| Total expense ratio (TER) |
1.46% p.a.
|
| Swing pricing |
yes
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark |
MSCI China 10/40 (net div. reinv.) in EUR
|
| ISIN |
LU1923635863
|
| Bloomberg Ticker |
UBCHUQA LX
|
Performance and Prices
Percentage growth
as of 03 April 2024| EUR(%) | |
| YTD | |
| 1M | |
| 3M | -1.69 |
| 6M | -9.10 |
| 1Y | -19.13 |
| 2Y | -24.81 |
| 3Y | -46.32 |
| 5Y | |
| ø p.a.5Y | -6.00 |
| EUR(%) | |
| Q1 2023 to Q1 2024 | -18.54 |
| Q1 2022 to Q1 2023 | -7.04 |
| Q1 2021 to Q1 2022 | -27.75 |
| Q1 2020 to Q1 2021 | 25.12 |
| Q1 2019 to Q1 2020 | 10.15 |
Current data
| Net asset value | 03.04.2024 | EUR 90.32 |
| High - last 12 months | 18.04.2023 | EUR 111.71 |
| Low - last 12 months | 22.01.2024 | EUR 82.31 |
| Assets of the unit class in mn | 03.04.2024 | EUR 21.13 |
| Total product assets in mn | 03.04.2024 | EUR 2,879.50 |
|
Date
|
2 years
|
5 years
|
|
| Total risk reference index / benchmark | 29.02.2024 | 30.01% | 23.05% |
| Sharpe Ratio | 29.02.2024 | -0.56 | -0.21 |
| Risk Free Rate | 31.03.2024 | 2.23% | 0.61% |
Structures
Fees
Distributions
Authorisations
Literature
|
Document type
|
Document Language
|
| Prospectus |
|
| Country supplement |
|
| Key Investor Information (KIID) |
|
| Past performance |
|
| Previous performance scenario |
|
| ESG Disclosure |
|
| SFDR Pre-Contractual Annex |
|
|
Document type
|
Document Language
|
| Annual report |
|
| SFDR Periodic Report Annex |
|
| Semi-annual report |
|
