Funds and prices

Overview

The investment objective is to replicate the performance of the MSCI USA Index Net Total Return.

The fund synthetically replicates the index performance by investing in a swap.

The swap counterparty transfers collateral to the fund in the form of G10 government bonds, supranational bonds and cash.

The fund is passively managed.

The exchange rate risk between USD and CHF is largely hedged.

Benefits

Clients benefit from the protection offered by a fund.

Provides access to this segment of the market with a single transaction.

Optimised risk/return profile thanks to a broad diversification across a range of sectors.

The fund offers a high degree of transparency and cost efficiency.

Risks

The fund delivers the return of a broadly diversified equity index and may therefore be subject to high fluctuations in value. This Fund may not be appropriate for investors who plan to withdraw their money before the recommended holding period disclosed in the PRIIPs KID. The returns payable on the fund are dependant on payments received by the fund from the swap counterparty under the terms of the relevant swap and, therefore, are subject to the credit risk of the swap counterparty. In the event that the swap counterparty defaults under the terms of the relevant swap, the fund may suffer a loss. Every fund has specific risks, which can significantly increase under unusual market conditions. Sustainability risks are not considered as part of the Index selection process. Therefore, sustainability risks are not systematically integrated. The fund’s assets are passively managed. As a result, the net asset value of the fund’s assets is materially dependent on the performance of the underlying investments. Losses that could be avoided via active management will not be offset.

Features

Product category
斗牛棋牌在线 Equity Funds
斗牛棋牌在线 Index Funds Equities
Product domicile
Switzerland
Portfolio management
斗牛棋牌在线 Asset Management (UK) Ltd., London
Fund management
斗牛棋牌在线 Fund Management (Switzerland) AG
Custodian bank
State Street Bank International GmbH, Munich, Zurich Branch
Day of inception
October 28, 2020
Currency of account
USD
Currency of unit class
CHF
Close of financial year
June 30
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Management fee
0.12% p.a.
Total expense ratio (TER)
0.12% p.a.
Minimum investment
n.a.
Reference Index / Benchmark
MSCI USA 100% hedged to CHF Net Total Return Index
Securities no.
56589286
ISIN
CH0565892863
Bloomberg Ticker
UBMUACA SW
Reuters Id
USCHEA
Telekurs Id
USCHEA

Performance and Prices

Percentage growth

as of April 3, 2024
Cumulative
CHF(%) EUR(%) USD(%)
YTD 8.51 2.91 0.82
1M
3M
6M
1Y
2Y 20.06 27.51 31.98
3Y 18.58 34.18 23.47
5Y
ø p.a.5Y 5.84 10.30 7.28

Current data

Net asset value 03.04.2024 CHF 143.90
High - last 12 months 28.03.2024 CHF 145.17
Low - last 12 months 27.10.2023 CHF 115.15
Assets of the unit class in mn 03.04.2024 CHF 590.92
Total product assets in mn 03.04.2024 CHF 5,010.77
Statistical data
Date
2 years
5 years
Total risk reference index / benchmark 29.02.2024 19.89% n.a.
Sharpe Ratio 29.02.2024 0.17 n.a.
Risk Free Rate 31.03.2024 0.87% -0.06%

Structures

Fees

Flat fee
0.12%
Management fee p.a.
0.12%
Redemption commission
0.00%
Issuing commission
1.00%
Distribution fee
(see info)

Distributions

No distributions. Continuous reinvestment of income.

Authorisations

Country of distribution
Representative / Information
Liechtenstein
Liechtensteinische Landesbank AG
Switzerland
斗牛棋牌在线 Fund Management (Switzerland) AG

Literature

Brochures
Document type
Document Language
Fact Sheet
Fact Sheet - 斗牛棋牌在线 Equity Funds
Fact Sheet - 斗牛棋牌在线 Index Funds Equities
Agreement / Prospectus
Document type
Document Language
Prospectus
Key Information Document
Past performance
Previous performance scenario
Swiss Climate Scores Report
Annual and semi-annual report (accounting on June 30)
Document type
Document Language
Annual report
Semi-annual report
General information
Document type
Document Language
斗牛棋牌在线 Funds - Your funds at a glance
Tax list