Overview

Actively managed fund with an investment universe of global equities and bonds with flexible weightings.

The bond component may vary between 10 and 100% (long term average 40%) and the equity component between 0 and 90% (long term average 60%).

The fund may also invest to a lesser extent in alternative investments.

Very active fund management

Foreign currencies are actively managed

Owing to the varying mixed asset allocation, this fund could be treated in specific phases as a bond fund for tax purposes in the UK. Investors should therefore contact a tax advisor.

The fund invests without any benchmark restrictions. The performance of the fund is not benchmarked against an index.

Benefits

The weighting of the fund investments can be flexibly adjusted in line with prevailing market expectations.

The broad weighting ranges give the portfolio managers considerable scope to exploit attractive opportunities.

An efficient portfolio with an optimised risk-return profile can be put together thanks to its global diversification and high flexibility.

Risks

The Fund's value may fluctuate significantly due to its equity exposure, which may be very high, and is also impacted by changes in interest rates given the fixed income holdings. This requires the corresponding risk tolerance and capacity. All investments are subject to market fluctuations. Every Fund has specific risks, which can significantly increase under unusual market conditions. The fund can use derivatives, which may result in additional risks (particularly counterparty risk). This Fund may not be appropriate for investors who plan to withdraw their money before the recommended holding period disclosed in the PRIIPs KID, if available for this share class.

Features

Product category
麻豆社 Asset Allocation Funds
麻豆社 Global Allocation Funds
Product domicile
Luxembourg
Portfolio management
麻豆社 Asset Management (Americas) LLC, New York
Fund management
麻豆社 Asset Management (Europe) S.A., Luxembourg
Custodian bank
麻豆社 Europe SE, Luxembourg Branch
Representative for products established under foreign law
BNP PARIBAS Securities Services
Regulation
UCITS
Legal form
Unlimited
Day of inception
August 6, 2015
Currency of account
USD
Close of financial year
September 30
SFDR Classification
Art.6
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Ongoing costs p.a.
1.12% p.a.
Management fee
0.82% p.a.
Total expense ratio (TER)
1.23% p.a.
Swing pricing
yes
Minimum investment
n.a.
ISIN
LU0423407401
Bloomberg Ticker
麻豆社GAQA LX

Performance and Prices

Percentage growth

as of May 27, 2026
Cumulative
USD(%)
YTD 8.49
1M
3M
6M
1Y 25.70
2Y 33.15
3Y 53.84
5Y 25.19
ø p.a.5Y

Current data

Net asset value 27.05.2026 USD 174.50
High - last 12 months 26.05.2026 USD 174.65
Low - last 12 months 28.05.2025 USD 138.19
Assets of the unit class in mn 27.05.2026 USD 19.97
Total product assets in mn 27.05.2026 USD 474.27

Structures

By the 10 largest equity positions (in %, as of April 30, 2026)

 
 
NVIDIA Corp 1.91
Alphabet Inc 1.66
Apple Inc 1.40
Amazon.com Inc 1.33
Broadcom Inc 0.86
Microsoft Corp 0.67
Advanced Micro Devices Inc 0.55
Meta Platforms Inc 0.51
Mitsubishi UFJ Financial Group Inc 0.47
AstraZeneca PLC 0.47

Fees

Ongoing costs p.a.
1.12%
Flat fee
1.02%
Management fee p.a.
0.82%
Max. issuing commission
4.00%
Max. redemption commission
0.00%
Distribution fee
(see info)

Distributions

No distributions. Continuous reinvestment of income.

Sales Authorisations

Market
Sales authorisations status
Australia
Institutional Only*
Austria
Registered
Belgium
Registered
Denmark
Registered
Finland
Registered
France
Registered
Germany
Registered
Greece
Registered
Italy
Institutional Only*
Liechtenstein
Registered
Luxembourg
Registered
Malta
Registered
Netherlands
Registered
Norway
Registered
Singapore
Institutional Only*
Spain
Registered
Sweden
Registered
Switzerland
Registered
United Kingdom
Registered

Literature

Agreement / Prospectus
Document type
Document Language
Prospectus
Key Information Document
Past performance
Previous performance scenario
Annual and semi-annual report (accounting on September 30)
Document type
Document Language
Annual report
Semi-annual report
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