Overview
Actively managed equity portfolio investing in German companies
The main exposures are to companies with strong dividends, especially to those on the wider HDAX index (made up of DAX, MDAX, and TecDax).
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
Benefits
Straightforward access to the German equity market.
The fund taps into the expertise of proven investment specialists
麻豆社’s proprietary fundamental valuation approach allows consistent identification of the most attractive German companies
Risks
麻豆社 Country & Regional Funds invest in equities and may therefore be subject to high fluctuations in value. As these 麻豆社 Funds pursue an active management style, each Fund's performance can deviate from that of its benchmark. 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 Equity Funds 麻豆社 Country & Regional Funds |
| Product domicile |
Germany
|
| Portfolio management |
麻豆社 Asset Management (Europe) S.A., Germany Branch, Frankfurt am Main
|
| Fund management |
Universal-Investment-GmbH, Frankfurt am Main
|
| Custodian bank |
麻豆社 Europe SE
|
| Representative for products established under foreign law |
麻豆社 Fund Management (Switzerland) AG
|
| Day of inception |
October 1, 1973
|
| Currency of account |
EUR
|
| Close of financial year |
September 30
|
| SFDR Classification |
Art.6
|
| Issue / redemption |
daily
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Management fee |
1.46% p.a.
|
| Total expense ratio (TER) |
1.50% p.a.
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark |
HDAX® (TR) (EUR)
|
| Securities no. |
347637
|
| ISIN |
DE0008488206
|
| Bloomberg Ticker |
SMHSPZ1 GR
|
| Telekurs Id |
SMHSPE
|
Performance and Prices
Percentage growth
as of May 27, 2026
Cumulative
| EUR(%) | CHF(%) | USD(%) | |
| YTD | 4.29 | 2.58 | 3.12 |
| 1M | |||
| 3M | |||
| 6M | |||
| 1Y | |||
| 2Y | 17.49 | 16.11 | 33.09 |
| 3Y | |||
| 5Y | 48.80 | 24.27 | 41.79 |
| ø p.a.5Y | 8.27 | 4.44 | 7.23 |
Current data
| Net asset value | 27.05.2026 | EUR 1,148.26 |
| High - last 12 months | 27.02.2026 | EUR 1,155.35 |
| Low - last 12 months | 27.03.2026 | EUR 1,027.74 |
| Total product assets in mn | 27.05.2026 | EUR 108.13 |
Statistical data
|
Date
|
2 years
|
5 years
|
|
| Total risk reference index / benchmark | 30.04.2026 | 12.86% | 15.15% |
| Sharpe Ratio | 30.04.2026 | 0.86 | 0.44 |
| Risk Free Rate | 30.04.2026 | 2.67% | 1.93% |
Structures
Fees
Ongoing costs p.a.
n.a.
Flat fee
1.50%
Management fee p.a.
1.46%
Max. redemption commission
0.00%
Max. issuing commission
3.00%
Swiss federal stamp duty
0.15%
Distribution fee
(see info)
Distributions
No distributions. Continuous reinvestment of income.
Sales Authorisations
Literature
Brochures
Agreement / Prospectus
|
Document type
|
Document Language
|
| Prospectus |
|
| Key Information Document |
|
| Past performance |
|
Annual and semi-annual report (accounting on September 30)
|
Document type
|
Document Language
|
| Annual report |
|
| Semi-annual report |
|
General information
|
Document type
|
Document Language
|
|||
| Tax list |
|
|
|
|
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