Funds and prices
Overview
The actively managed fund invests primarily in securities denominated in USD and local currencies issued by Asian economies/borrowers (ex Japan).
Country selection, credit ratings and interest rate and currency risks are actively managed in order to benefit from market volatility.
When markets are rising, the fund aims to achieve relatively high returns, whereas it proactively reduces and/or hedges high-risk assets to protect against price losses in anticipation of a downswing.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
The exchange rate risk between USD and GBP is largely hedged.
Benefits
This diversified bond portfolio can be used to participate in the opportunities on the Asian market for fixed-income securities.
The fund is actively managed in accordance with market conditions. This allows the portfolio to be dynamically adjusted throughout market cycles.
Risks
Features
Product category |
ÃÛ¶¹ÊÓÆµ Bond Funds
ÃÛ¶¹ÊÓÆµ Classic Bond Funds |
Product domicile |
Luxembourg
|
Portfolio management |
ÃÛ¶¹ÊÓÆµ Asset Management (Hong Kong) Ltd., Hong Kong
|
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 |
17 September 2020
|
Currency of account |
GBP
|
Close of financial year |
31 March
|
Issue / redemption |
daily
|
Maturity |
Open end
|
Management fee |
0.66% p.a.
|
Total expense ratio (TER) |
0.91% p.a.
|
Swing pricing |
yes
|
Minimum investment |
n.a.
|
Reference Index / Benchmark |
JP Morgan Asia Credit Index (hedged GBP)
|
ISIN |
LU2215770780
|
Bloomberg Ticker |
UFCAQGI LX
|
Performance and Prices
Percentage growth
as of 03 April 2024GBP(%) | EUR(%) | |
YTD | ||
1M | ||
3M | 1.49 | 2.19 |
6M | 7.47 | 8.68 |
1Y | 2.74 | 5.21 |
2Y | -2.30 | -4.08 |
3Y | -16.39 | -17.04 |
5Y | ||
ø p.a.5Y |
GBP(%) | EUR(%) | |
Q1 2023 to Q1 2024 | 3.48 | 6.36 |
Q1 2022 to Q1 2023 | -5.90 | -9.50 |
Q1 2021 to Q1 2022 | -13.74 | -13.04 |
Q1 2020 to Q1 2021 | - | - |
Q1 2019 to Q1 2020 | - | - |
Current data
Net asset value | 03.04.2024 | GBP 80.15 |
High - last 12 months | 06.04.2023 | GBP 81.16 |
Low - last 12 months | 20.10.2023 | GBP 73.51 |
Last distribution | 06.06.2023 | GBP 2.30 |
Assets of the unit class in mn | 03.04.2024 | GBP 0.25 |
Total product assets in mn | 03.04.2024 | GBP 271.97 |
Theoretical yield to maturity (net) | 29.02.2024 | 5.43% |
Option Adjusted Duration | 29.02.2024 | 4.38 |
Average remaining maturity | 29.02.2024 | 6.42 years |
Structures
Fees
Distributions
Date of distribution
|
Pay date
|
Cps no.
|
Currency
|
Distribution
|
EU Savings Tax - Tax domicile other EU country
|
01.06.2023 | 06.06.2023 | 3 | GBP | 2.30 | n.a. |
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 |
|
Semi-annual report |
|