Overview

The portfolio invests in high conviction hedge funds globally, utilizing 麻豆社 manager selection criteria.

Allocates primarily to alternative investment funds specializing in Credit/Income, Equity Hedged, Multi-Strategy, Relative Value, and Trading strategies.

Seeks to achieve an attractive risk/return ratio while maintaining low beta to traditional asset classes with moderate volatility over an economic market cycle (3–5 years).

Benefits

The fund opens up the hedge fund universe to private investors, an area which is usually difficult to access.

The fund of funds structure enables risk to be spread more widely than with investments in individual hedge funds.

The long-term investment objective is to achieve a positive absolute return, while keeping correlation to traditional investment categories low and volatility moderate.

The fund is suitable as a means of diversifying the core investments of an investment portfolio.

Risks

Unlike traditional investments, hedge funds do not primarily aim to attain exposure in specific markets or investment instruments. They differ in their more frequent use of derivative instruments and in trying to leverage their return by borrowing funds, using derivatives and taking up short positions on securities. As a result, they have potential risks in addition to the market, credit and liquidity risks associated with traditional investments. This requires corresponding risk tolerance and capacity. Investors should also be aware that these funds offer no capital preservation guarantee. 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).

Features

Product category
麻豆社 Alternative Funds
麻豆社 Hedge Funds
Product domicile
Switzerland
Portfolio management
麻豆社 Asset Management (Americas) LLC, New York
Fund management
麻豆社 Fund Management (Switzerland) AG
Custodian bank
麻豆社 Switzerland AG, Zurich
Day of inception
March 31, 2010
Currency of account
EUR
Close of financial year
January 1
SFDR Classification
n.a.
Issue
monthly
Redemption
quarterly
Next distribution
April
Maturity
Open end
Ongoing costs p.a.
2.13% p.a.
Performance fee
10.00%
Management fee
1.32% p.a.
Minimum investment
n.a.
Securities no.
10769088
ISIN
CH0107690882
Bloomberg Ticker
UGASEHA SW
Telekurs Id
GASEUR

Performance and Prices

Percentage growth

as of April 30, 2026
Cumulative
EUR(%)
YTD 0.43
1M
3M
6M
1Y
2Y 2.49
3Y
5Y 10.45
ø p.a.5Y 2.01

Current data
Net asset value 30.04.2026 EUR 1,360.03
High - last 12 months 30.01.2026 EUR 1,399.58
Low - last 12 months 30.09.2025 EUR 1,353.08
Last distribution 06.05.2026 EUR 28.58
Assets of the unit class in mn 30.04.2026 EUR 0.69
Total product assets in mn 30.04.2026 EUR 79.13

Structures

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

 
 
Caxton Dynamis Ltd 6.45
Davidson Lempner Tal 5.98
GSA QMS FUND LIMITED 5.90
A&Q Metric CenterBook Partners Global Alpha Ltd 5.82
ANOMALY CAPITAL INTERNATIONAL LTD 5.81
Claren Road Credit Fund Ltd 5.77
Caxton Macro Ltd 5.59
Welwing Fund 5.40
SPF Securitized Products Fund Ltd 5.16
Aleutian Fund Ltd 5.10

Fees

Ongoing costs p.a.
2.13%
Flat fee
1.65%
Management fee p.a.
1.32%
Max. redemption commission
0.00%
Max. issuing commission
4.00%
Distribution fee
(see info)
Performance Fee
10.00%

Distributions

From
01-Nov-2020
To
01-Nov-2021
Date of distribution
Pay date
Cps no.
Currency
Tax domicile CH gross amount
Tax domicile CH net amount
Tax domicile not CH gross amount
Tax domicile not CH net amount
30.04.2026 06.05.2026 16 EUR 28.58 18.58 28.58 28.58

Sales Authorisations

Market
Sales authorisations status
Switzerland
Registered

Literature

en
de
fr
it
es
Brochures
Document type
Document Language
Fact Sheet
en en
it it
fr fr
es es
de de
Manager Commentary
en en
de de
Fact Sheet - 麻豆社 Alternative Funds
es es
fr fr
it it
en en
de de
Fact Sheet - 麻豆社 Hedge Funds
de de
en en
it it
es es
fr fr
Agreement / Prospectus
Document type
Document Language
Prospectus
Key Information Document
Past performance
Previous performance scenario
Annual and semi-annual report (accounting on January 1)
Document type
Document Language
Annual report
Semi-annual report
General information
Document type
Document Language
Tax list
Please wait for the requested content to load. If there is no response after several minutes, please reload the page or try again later.