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

The Fund invests in emerging markets which are typically at an early stage of development and which can involve a high level of price volatility and other specific risks such as lower market transparency, regulatory hurdles, corporate governance and political and social challenges. The Fund invests in equities and corporate bonds and may therefore be subject to high fluctuations in value. The Fund can use derivatives, which can reduce investment risks or give rise to additional risks, particularly counterparty risk. For these reasons, a corresponding risk tolerance and capacity are required. All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. A description of the fund specific risks can be found in the prospectus. 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 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
October 16, 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.
1.20% p.a.
Management fee
0.88% p.a.
Total expense ratio (TER)
1.22% p.a.
Swing pricing
yes
Minimum investment
n.a.
ISIN
LU1240791100
Bloomberg Ticker
UBAGSQU LX

Performance and Prices

Percentage growth

as of May 27, 2026
Cumulative
USD(%)
YTD 10.81
1M
3M
6M
1Y 24.90
2Y 31.44
3Y 45.60
5Y 21.46
ø p.a.5Y

Current data

Net asset value 27.05.2026 USD 184.29
High - last 12 months 27.05.2026 USD 184.29
Low - last 12 months 02.06.2025 USD 147.16
Assets of the unit class in mn 27.05.2026 USD 14.00
Total product assets in mn 27.05.2026 USD 122.61
Theoretical yield to maturity (gross) 30.04.2026 5.61%
Modified duration 30.04.2026 2.37

Structures

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

 
 
TAIWAN SEMICONDUCTOR MANUFAC 1.86
SAMSUNG ELECTRONICS CO LTD 1.84
SK HYNIX INC 1.25
TENCENT HOLDINGS LTD 0.92
MEDIATEK INC 0.82
NVIDIA CORP 0.82
ALIBABA GROUP HOLDING LTD 0.77
ASE TECHNOLOGY HOLDING CO LT 0.75
APPLE INC COMMON STOCK USD.00001 0.69
AMAZON.COM INC 0.69

By investment instrument and currency (in %, as of April 30, 2026)

 
 
Money market
Cash + Bonds
Equities
Total
Total1)
1 AUD 0.00 2.01 -0.18 1.82 0.63
2 CAD 0.00 0.00 -0.46 -0.46 -0.60
3 CHF 0.00 0.00 1.97 1.97 -2.04
4 CNY 0.00 0.01 8.69 8.70 7.86
5 DKK 0.00 0.00 0.03 0.03 0.00
6 EUR 0.00 2.13 6.71 8.84 0.03
7 GBP 0.00 2.98 1.25 4.24 1.98
8 HKD 0.00 0.00 0.73 0.73 0.38
9 INR 0.00 0.02 2.39 2.40 3.00
10 JPY 0.00 0.00 2.09 2.09 2.23
11 KRW 0.00 0.00 6.59 6.59 6.63
12 MYR 0.00 0.02 1.36 1.38 1.38
13 SEK 0.00 0.00 -0.12 -0.12 0.02
14 SGD 0.00 0.00 -0.12 -0.12 -0.93
15 TWD 0.00 0.00 8.44 8.44 8.20
16 USD 0.00 39.44 11.79 51.23 67.22
17 Others 0.00 0.26 1.97 2.23 4.01
18 Total 0.00 46.86 53.14 100.00 100.00

Fees

Ongoing costs p.a.
1.20%
Flat fee
1.10%
Management fee p.a.
0.88%
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
Finland
Registered
France
Registered
Germany
Registered
Greece
Registered
Italy
Institutional Only*
Liechtenstein
Registered
Luxembourg
Registered
Netherlands
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
Please wait for the requested content to load. If there is no response after several minutes, please reload the page or try again later.