Funds and prices
Overview
The actively managed fund invests mainly in RMB-denominated fixed-income instruments that are primarily issued by, but not limited to, the central government or local governments, government-related entities, banks and other financial institutions or corporate entities.
Investments are conducted in the onshore China Interbank Bond Market (CIBM), and may include both direct securities (physical bonds) and derivatives related to fixed income securities where allowed.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
The exchange rate risk between CNY and GBP is not hedged.
Benefits
This diversified bond portfolio can be used to participate in the opportunities in the China fixed income market , as well as exposure to Chinese Yuan.
The fund is managed across duration, yield curve, sector and security selection 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 |
01 September 2021
|
Currency of account |
GBP
|
Close of financial year |
31 May
|
Issue / redemption |
daily
|
Maturity |
Open end
|
Management fee |
0.60% p.a.
|
Total expense ratio (TER) |
0.81% p.a.
|
Swing pricing |
yes
|
Minimum investment |
n.a.
|
Reference Index / Benchmark |
Bloomberg China Aggregate Index in GBP
|
ISIN |
LU2376073172
|
Bloomberg Ticker |
UBFIRGQ LX
|
Performance and Prices
Percentage growth
as of 03 April 2024GBP(%) | EUR(%) | |
YTD | ||
1M | ||
3M | 1.20 | 1.89 |
6M | 0.70 | 1.68 |
1Y | -1.89 | 0.48 |
2Y | -1.23 | -3.03 |
3Y | - | - |
5Y | ||
ø p.a.5Y |
GBP(%) | EUR(%) | |
Q1 2023 to Q1 2024 | -2.02 | 0.70 |
Q1 2022 to Q1 2023 | 0.34 | -3.50 |
Q1 2021 to Q1 2022 | - | - |
Q1 2020 to Q1 2021 | - | - |
Q1 2019 to Q1 2020 | - | - |
Current data
Net asset value | 03.04.2024 | GBP 102.12 |
High - last 12 months | 17.04.2023 | GBP 106.83 |
Low - last 12 months | 22.08.2023 | GBP 97.28 |
Last distribution | 04.08.2023 | GBP 2.50 |
Assets of the unit class in mn | 03.04.2024 | GBP 0.04 |
Total product assets in mn | 03.04.2024 | GBP 255.16 |
Theoretical yield to maturity (net) | 29.02.2024 | 1.76% |
Option Adjusted Duration | 29.02.2024 | 6.23 |
Structures
Fees
Distributions
Date of distribution
|
Pay date
|
Cps no.
|
Currency
|
Distribution
|
EU Savings Tax - Tax domicile other EU country
|
01.08.2023 | 04.08.2023 | 3 | GBP | 2.50 | n.a. |
Authorisations
Literature
Document type
|
Document Language
|
Manager Commentary |
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 |
|