Overview

A global equity strategy seeking performance by exploiting what the managers believe are mispriced stocks. 'Short' positions (benefit from an expected fall) are taken in stocks considered over-valued and 'long' positions (benefit from an expected rise) are taken in stocks considered under-valued. The search for mispriced stocks covers developed and emerging markets.

The 'gross exposure' (total of 'longs' and 'shorts') indicates total exposure to markets and is typically 125 to 200% of capital.

The 'net exposure' ('longs' less 'shorts') is a measure of the Fund's exposure to market change and is typically 20 to 40%.

Benefits

An investment strategy that aims to produce returns driven by stock selection while achieving some downside protection in declining equity markets.

Maximising opportunities from unique and uncorrelated sources of performance.

The Fund offers daily liquidity.

Risks

The Fund delivers both long and short exposure to equities, in order to reduce the volatility of the portfolio relative to a common long only fund. Despite the expected reduction in volatility, the Fund can still be subject to high fluctuations in value. As the fund uses derivatives & sophisticated leverage techniques, investors must be willing to bear the additional risk involved. Other risks include counterparty, operational and currency risk although portfolio positions are hedged back to the Fund's EUR base currency unless stated otherwise. GBP hedged share classes aim to mitigate fluctuations in the GBP/EUR exchange rate for GBP based investors.

Features

Product category
Alternative
Product domicile
Ireland
Portfolio management
麻豆社 Asset Management (Americas) LLC, New York
Fund management
麻豆社 Asset Management (Europe) S.A., Luxembourg
Custodian bank
J.P. Morgan Bank (Ireland) Plc
Representative for products established under foreign law
麻豆社 Fund Management (Switzerland) AG
Day of inception
February 14, 2024
Currency of account
JPY
Close of financial year
September 30
SFDR Classification
Art.6
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Ongoing costs p.a.
0.87% p.a.
Flat fee
0.87% p.a.
Performance fee
20.00%
Management fee
0.68% p.a.
Total expense ratio (TER)
0.81% p.a.
Minimum investment
n.a.
Securities no.
132496188
ISIN
IE000DONW986
Bloomberg Ticker
UBGEJHA ID

Performance and Prices

Percentage growth

as of May 28, 2026
Cumulative
JPY(%) CHF(%) EUR(%) USD(%)
YTD -6.16 -8.48 -6.85 -7.62
1M
3M
6M
1Y
2Y -8.78 -22.51 -16.10 -10.14
3Y
5Y
ø p.a.5Y -4.49 -11.97 -8.40 -5.20

Current data
Net asset value 29.05.2026 JPY 9,372.18
High - last 12 months 30.03.2026 JPY 10,190.98
Low - last 12 months 29.05.2026 JPY 9,372.18
Assets of the unit class in mn 29.05.2026 JPY 2,518.34
Total product assets in mn 29.05.2026 JPY 75,307.75

Structures

Fees

Performance Fee
20.0000%

Distributions

No distributions. Continuous reinvestment of income.

Sales Authorisations

Market
Sales authorisations status
Australia
Institutional Only*
Ireland
Registered
Singapore
Registered
Switzerland
Registered

Literature

en
de
fr
it
es
Brochures
Document type
Document Language
Fact Sheet
it it
de de
en en
es es
fr fr
Fact Sheet - Alternative
fr fr
it it
es es
en en
de de
Agreement / Prospectus
Document type
Document Language
Prospectus
Supplement
Key Information Document
Past performance
Previous performance scenario
Statutes / Management regulations
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.