Funds and prices

Overview

The Fund is actively managed and only invests in diversified, high quality money market instruments with a first class rating that exhibit a solid ESG profile (environmental, social and governance).

斗牛棋牌在线 Asset Management classifies this fund as a Sustainability Focus Fund, which promotes environmental and social characteristics in accordance with SFDR Article 8. The research and portfolio construction processes incorporate ESG risk integration and screening and comply with 斗牛棋牌在线 Asset Management Sustainability exclusion policy. For more information on Sustainability at 斗牛棋牌在线, please refer to www.ubs.com/am-si-commitment.

The weighted average maturity of the securities in the portfolio may not exceed 6 months, while the final maturity of any fixed interest rate investment may not exceed 1 year.

Classified as 'Standard VNAV Money Market Fund' by the common European money market fund definition.

Principal investment objective to generate long-term performance consistent with prevailing market indices for money market instruments denominated in the fund's currency. At times of high market volatility, the fund's performance may diverge significantly from that of the benchmark.

This sub-fund promotes environmental and/or social characteristics but does not have a sustainable investment objective.

Benefits

Conservatively positioned with an investment objective to preserve invested capital.

Well diversified portfolio of high quality money market instruments.

Actively managed by experienced specialists, supported by in-house credit researchers.

Low NAV volatility (variable NAV).

Daily subscriptions and redemptions.

Competitive money market yields.

Benefiting from 斗牛棋牌在线's money market purchasing power.

Risks

The funds invest in money market instruments and may therefore be subject to volatility. For funds following the mark-to-market approach the value of a unit may fall below the purchase price. Changes in interest rates have an effect on the value of the portfolio. The funds might use derivatives which can reduce investor risks or give rise to market risks as well as potential loss due to failure of counterparty. High-grade investment instruments are usually subject to a low credit risk (i.e. potential loss due to failure of issuer). Every fund reveals specific risks. These aspects require corresponding risk tolerance and capacity.

Features

Product category
斗牛棋牌在线 Money Market Funds
斗牛棋牌在线 Money Market Funds
Product domicile
Luxembourg
Portfolio management
斗牛棋牌在线 Asset Management Switzerland AG, Zurich
Fund management
斗牛棋牌在线 Fund Management (Luxembourg) S.A., Luxembourg
Custodian bank
斗牛棋牌在线 Europe SE, Luxembourg Branch
Representative for products established under foreign law
斗牛棋牌在线 AG, Stockholm
Day of inception
November 25, 1988
Currency of account
USD
Close of financial year
October 31
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Current management fee
0.40% p.a.
Maximum management fee
0.40% p.a.
Total expense ratio (TER)
0.52% p.a.
Minimum investment
n.a.
Reference Index / Benchmark
FTSE USD 3M Eurodeposits
Securities no.
594601
ISIN
LU0006277684
Bloomberg Ticker
斗牛棋牌在线MUSI LX
Telekurs Id
斗牛棋牌在线U

Performance and Prices

Percentage growth

as of April 3, 2024
Cumulative
USD(%) EUR(%)
YTD
1M
3M
6M
1Y 5.10 5.74
2Y
3Y 7.63 16.95
5Y 9.92 14.06
ø p.a.5Y 1.91 2.67

Current data

Net asset value 03.04.2024 USD 1,959.61
High - last 12 months 03.04.2024 USD 1,959.61
Low - last 12 months 05.04.2023 USD 1,865.02
Assets of the unit class in mn 03.04.2024 USD 1,405.56
Total product assets in mn 03.04.2024 USD 3,230.13
Theoretical yield to maturity (net) 29.02.2024 4.89%
Average remaining maturity 29.02.2024 82.96 days

Structures

Top Ten holdings with maturity > 7 days (in %, as of February 29, 2024)

 
 
BNP ECP 0 01 May 2024 P-1/A-1/F1 3.01
CDCEPS ECP 0 20 Jun 2024 P-1/A-1+/F1+ 2.39
CM ECD 0 10 May 2024 A1/A+/AA- 2.16
JYBC ECP 0 06 Mar 2024 P-1/A-1/NR 2.12
MIZUHO ECD 0 13 May 2024 A1/A/A- 2.10
BYLANG ECP 0 14 Aug 2024 P-1/NR/F1 1.86
FINNISH T-BILL 0 20 Mar 2024 Aa1/AA+/AA+ 1.82
SUKPLC ECP 0.0000 02 May 2024 P1/A-1 1.80
TD ECP 0 08 Aug 2024 P-1/A-1+/F1+ 1.63
RABOBK ECP 0.0000 18 Apr 2024 P1/A-1 1.63

Fees

Maximum flat fee
0.50%
Current flat fee
0.50%
Maximum management fee
0.40%
Current management fee
0.40%
Max. issuing commission
3.00%
Max. redemption commission
0.00%
Distribution fee
(see info)

Distributions

No distributions. Continuous reinvestment of income.

Authorisations

Country of distribution
Representative / Information
Austria
Ernst & Young Steuerberatungsgesellschaft m.b.H. Wien
Chile
斗牛棋牌在线 Asset Management (Americas) Inc.
Cyprus
Bank of Cyprus Ltd.
Finland
斗牛棋牌在线 AG, Stockholm
Germany
斗牛棋牌在线 Europe SE
Greece
Bank of Cyprus Ltd.
Iceland
斗牛棋牌在线 AG, Stockholm
Italy
斗牛棋牌在线 Asset Management SGR S.p.A.
Japan
斗牛棋牌在线 Securities Japan Ltd.
Liechtenstein
Liechtensteinische Landesbank AG
Luxembourg
斗牛棋牌在线 Fund Services (Luxembourg) S.A.
Malta
Crystal Finance Investments Limited
Netherlands
斗牛棋牌在线 Investment Bank Nederland BV.
Norway
斗牛棋牌在线 AG, Stockholm
Portugal
斗牛棋牌在线 Europe SE, sucursal en España
Spain
斗牛棋牌在线 Europe SE, sucursal en España
Sweden
斗牛棋牌在线 AG, Stockholm
Switzerland
斗牛棋牌在线 Fund Management (Switzerland) AG
Taiwan
斗牛棋牌在线 Asset Management (Taiwan) Ltd.
United Kingdom
斗牛棋牌在线 Asset Management (UK) Limited

Literature

Brochures
Document type
Document Language
Fact Sheet
Fact Sheet - 斗牛棋牌在线 Money Market Funds
Agreement / Prospectus
Document type
Document Language
Prospectus
Key Information Document
Past performance
Previous performance scenario
Annual and semi-annual report (accounting on October 31)
Document type
Document Language
Annual report
Semi-annual report