Overview
The actively managed fund invests globally in a diversified range of equities, mainly high-quality bonds and money market instruments, combined with exposure to Asian markets.
The fund generally strikes an even balance between equity and fixed income investments.
Foreign currencies are largely hedged against the reference currency. Nevertheless, an active currency strategy is applied if opportunities are seen.
The fund is based on 麻豆社's investment policy, the 麻豆社 House View.
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 fund offers the investor straightforward and convenient access to 麻豆社 House View, which draws on the professional insights of 麻豆社 investment specialists worldwide.
Investors benefit globally from diversified market opportunities in the area of bonds and equities, combined with exposure to Asian markets. In addition to high-quality bonds, investments can also be made in other bond segments.
The weightings of the various asset classes are maintained within a specific range to take account of the fund's risk profile.
Risks
Features
| Product category |
麻豆社 Asset Allocation Funds 麻豆社 Strategy Funds |
| Product domicile |
Luxembourg
|
| Portfolio management |
麻豆社 Asset Management Switzerland AG, Zurich
|
| 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
|
| Day of inception |
November 22, 2013
|
| Currency of account |
USD
|
| Close of financial year |
September 30
|
| SFDR Classification |
Art.6
|
| Issue / redemption |
daily
|
| Next distribution |
December
|
| Maturity |
Open end
|
| Ongoing costs p.a. |
1.99% p.a.
|
| Management fee |
1.50% p.a.
|
| Total expense ratio (TER) |
1.97% p.a.
|
| Swing pricing |
yes
|
| Minimum investment |
n.a.
|
| ISIN |
LU0974636382
|
| Bloomberg Ticker |
UBAGSPD LX
|
| Telekurs Id |
n.a.
|
Performance and Prices
Percentage growth
as of June 15, 2026| USD(%) | |
| YTD | 11.70 |
| 1M | |
| 3M | |
| 6M | |
| 1Y | 23.96 |
| 2Y | 30.65 |
| 3Y | 39.72 |
| 5Y | 17.17 |
| ø p.a.5Y |
Current data
| Net asset value | 15.06.2026 | USD 158.72 |
| High - last 12 months | 02.06.2026 | USD 159.55 |
| Low - last 12 months | 19.06.2025 | USD 131.19 |
| Last distribution | 04.12.2025 | USD 4.02 |
| Assets of the unit class in mn | 15.06.2026 | USD 0.40 |
| Total product assets in mn | 15.06.2026 | USD 121.85 |
| Theoretical yield to maturity (gross) | 29.05.2026 | 5.54% |
| Modified duration | 29.05.2026 | 2.28 |
Structures
By the 10 largest equity positions (in %, as of May 29, 2026)
|
|
|
| SAMSUNG ELECTRONICS CO LTD | 2.00 |
| SK HYNIX INC | 1.90 |
| TAIWAN SEMICONDUCTOR MANUFAC | 1.90 |
| MEDIATEK INC | 1.04 |
| ASE TECHNOLOGY HOLDING CO LT | 0.88 |
| NVIDIA CORP | 0.84 |
| HON HAI PRECISION INDUSTRY | 0.69 |
| TENCENT HOLDINGS LTD | 0.68 |
| ALIBABA GROUP HOLDING LTD | 0.68 |
| AMAZON.COM INC | 0.66 |
By investment instrument and currency (in %, as of May 29, 2026)
|
|
|
Money market
|
Cash + Bonds
|
Equities
|
Total
|
Total1)
|
| 1 | AUD | 0.00 | 1.96 | -0.19 | 1.77 | 0.06 |
| 2 | CAD | 0.00 | 0.00 | -0.48 | -0.48 | 0.11 |
| 3 | CHF | 0.00 | 0.00 | 2.01 | 2.01 | -1.94 |
| 4 | CNY | 0.00 | 0.01 | 7.34 | 7.35 | 7.10 |
| 5 | DKK | 0.00 | 0.00 | 0.03 | 0.03 | 0.00 |
| 6 | EUR | 0.00 | 2.02 | 6.65 | 8.66 | 0.15 |
| 7 | GBP | 0.00 | 0.01 | 1.18 | 1.19 | 1.92 |
| 8 | HKD | 0.00 | 0.00 | 0.50 | 0.50 | 0.89 |
| 9 | INR | 0.00 | 0.02 | 2.80 | 2.82 | 2.84 |
| 10 | JPY | 0.00 | 0.00 | 2.14 | 2.14 | 2.28 |
| 11 | KRW | 0.00 | 0.00 | 7.75 | 7.75 | 7.81 |
| 12 | MYR | 0.00 | 0.02 | 1.29 | 1.30 | 1.30 |
| 13 | SEK | 0.00 | 0.00 | -0.12 | -0.12 | 0.01 |
| 14 | SGD | 0.00 | 0.00 | -0.18 | -0.18 | -0.24 |
| 15 | TWD | 0.00 | 0.00 | 9.44 | 9.44 | 9.17 |
| 16 | USD | 0.00 | 41.75 | 12.07 | 53.83 | 66.55 |
| 17 | Others | 0.00 | 0.29 | 1.72 | 2.01 | 1.98 |
| 18 | Total | 0.00 | 46.06 | 53.94 | 100.01 | 100.00 |
Fees
Distributions
|
Date of distribution
|
Pay date
|
Cps no.
|
Currency
|
Distribution
|
|
| 01.12.2025 | 04.12.2025 | 12 | USD | 4.02 |
Sales Authorisations
Literature
|
Document type
|
Document Language
|
|
| Prospectus |
|
|
| Key Information Document |
|
|
| Past performance |
|
|
| Previous performance scenario |
|
|
|
Document type
|
Document Language
|
|
| Annual report |
|
|
| Semi-annual report |
|
|