Overview

The actively managed fund invests in short-dated fixed income securities that are largely issued by companies and denominated in the fund's reference currency.

The majority of issuers have investment-grade ratings (AAA to BBB-).

The investment objective is to achieve an attractive return by exploiting the performance potential of corporate bonds, which is higher than that of government bonds.

Interest-rate risk is limited to the short-dated segment.

The portfolio manager is not tied to the benchmark in terms of investment selection or weight.

This fund promotes environmental, social and corporate governance characteristics. The research and portfolio construction processes incorporate ESG risk integration and screening and comply with 麻豆社 Asset Management Sustainability exclusion policy. For more information on Sustainability at 麻豆社, please refer to www.ubs.com/am-si-commitment.

This sub-fund promotes environmental and/or social characteristics but does not have a sustainable investment objective.

Benefits

Clients benefit from a portfolio that is broadly diversified across various sectors and ratings and from meticulous issuer selection. The latter is based on the in-depth credit research carried out by our expert team of professional corporate bond analysts.

Clients can benefit from the return potential of corporate bonds. They offer greater potential than government bonds as the credit risk associated with corporate bonds is generally compensated with a higher return.

The fund has a lower interest-rate risk than medium- or long-term bond investments.

Risks

Even though the credit quality of the portfolio is investment grade, the default risk is higher with corporate bonds than with government paper. Changes in interest rates have an effect on the value of the portfolio. This requires corresponding risk tolerance and capacity. Sustainability risks are environmental, social or governance events or conditions that can have a material negative effect on the return, depending on the relevant sector, industry and company exposure. Sustainability risk: the risk arising from any environmental, social or governance events or conditions that, were they to occur, could cause a material negative impact on the value of the investment. All investments are subject to market fluctuations. Every fund has specific risks, which may increase considerably in unusual market conditions. The fund can use derivatives, which may result in additional risks (particularly counterparty risk). 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 Bond Funds
麻豆社 Classic Bond 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
麻豆社 Fund Management (Switzerland) AG
Day of inception
June 6, 2012
Currency of account
USD
Close of financial year
May 31
SFDR Classification
Art.8
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Ongoing costs p.a.
0.45% p.a.
Management fee
0.30% p.a.
Total expense ratio (TER)
0.51% p.a.
Swing pricing
yes
Minimum investment
-
Reference Index / Benchmark
Bloomberg Eurodollar Corporate 1-3yrs
Securities no.
4731881
ISIN
LU0396352592
Bloomberg Ticker
麻豆社TCQA LX
Telekurs Id
n.a.

Performance and Prices

Percentage growth

as of May 28, 2026
Cumulative
USD(%) CHF(%) EUR(%)
YTD 0.87 -0.07 1.71
1M
3M
6M
1Y
2Y 5.72 -7.58 -6.79
3Y
5Y 13.36 -1.15 18.55
ø p.a.5Y 2.54 -0.23 3.46

Current data
Net asset value 29.05.2026 USD 137.00
High - last 12 months 29.05.2026 USD 137.00
Low - last 12 months 02.06.2025 USD 131.24
Assets of the unit class in mn 29.05.2026 USD 23.45
Total product assets in mn 29.05.2026 USD 842.74
Theoretical yield to worst (net) 30.04.2026 4.64%
Average remaining maturity 30.04.2026 2.12 years

Structures

By detailed securities (in %, as of April 30, 2026)*

 
 
 
1 Bank of America Corp 3.30
2 JPMorgan Chase & Co 2.51
3 United States Treasury Note/Bond 2.24
4 Barclays PLC 2.21
5 HSBC Holdings PLC 1.97
6 Morgan Stanley 1.69
7 Goldman Sachs Group Inc/The 1.59
8 麻豆社 Lux Bond Fund - Euro High Yield EUR 1.55
9 ENEL Finance International NV 1.47
10 麻豆社 Lux Bond SICAV - Emerging Economies Corporate USD 1.44
11 Lloyds Banking Group PLC 1.27
12 Credit Agricole SA 1.20
13 Oracle Corp 1.20
14 Ford Motor Credit Co LLC 1.17
15 Danske Bank A/S 1.14
16 Deutsche Bank AG/New York NY 1.12
17 Banco Santander SA 1.12
18 BNP Paribas SA 1.07
19 AT&T Inc 1.05
20 麻豆社 Group AG 1.04
21 ABN AMRO Bank NV 1.01
22 Hewlett Packard Enterprise Co 1.01
23 Capital One Financial Corp 1.01
24 Macquarie Group Ltd 0.94
25 ING Groep NV 0.91
26 Standard Chartered PLC 0.88
27 CVS Health Corp 0.84
28 Citigroup Inc 0.84
29 Bayer US Finance II LLC 0.78
30 Jabil Inc 0.77
31 Eversource Energy 0.76
32 Metropolitan Life Global Funding I 0.75
33 National Grid Electricity Transmission PLC 0.75
34 Eni SpA 0.74
35 Royal Bank of Canada 0.72
36 Amcor Flexibles North America Inc 0.72
37 MUFG 4.592 04/18/30 0.72
38 Amazon.com Inc 0.71
39 Nationwide Building Society 0.71
40 Banque Federative du Credit Mutuel SA 0.68
41 JDE Peet's NV 0.67
42 Pacific Life Global Funding II 0.67
43 Anglo American Capital PLC 0.66
44 Meta Platforms Inc 0.64
45 Lenovo Group Ltd 0.62
46 Australia & New Zealand Banking Group Ltd 0.61
47 Westpac Banking Corp 0.61
48 Rothesay Life PLC 0.61
49 Morgan Stanley Bank NA 0.61
50 Keurig Dr Pepper Inc 0.61
51 BPCE SA 0.60
52 Canadian Imperial Bank of Commerce 0.60
53 General Motors Co 0.60
54 AerCap Ireland Capital DAC / AerCap Global Aviation Trust 0.59
55 SOCGEN 4.45 04/12/30 0.59
56 Nordea Bank Abp 0.59
57 American Tower Corp 0.59
58 Plains All American Pipeline LP / PAA Finance Corp 0.58
59 CRH SMW Finance DAC 0.57
60 American International Group Inc 0.55
61 Nordson Corp 0.55
62 Riyad Sukuk Ltd 0.55
63 NTT Finance Corp 0.55
64 Enbridge Inc 0.54
65 HCA Inc 0.53
66 Altrad Investment Authority SAS 0.53
67 Telefonica Emisiones SA 0.53
68 Sprint Capital Corp 0.52
69 NatWest Markets PLC 0.50
70 Aker BP ASA 0.50
71 KBC Group NV 0.49
72 Kinder Morgan Inc 0.49
73 International Business Machines Corp 0.48
74 PWR 4.3 08/09/28 0.48
75 FWD Group Holdings Ltd 0.48
76 Cadence Design Systems Inc 0.48
77 Elevance Health Inc 0.48
78 T-Mobile USA Inc 0.48
79 Prosus NV 0.47
80 Gildan Activewear Inc 0.47
81 Skandinaviska Enskilda Banken AB 0.47
82 Digital Realty Trust LP 0.47
83 Intesa Sanpaolo SpA 0.47
84 Equinix Inc 0.46
85 Aargauische Kantonalbank 0.46
86 Wintershall Dea Finance BV 0.43
87 Raiffeisen Bank International AG 0.43
88 Verizon Communications Inc 0.42
89 HAPOAL 4.722 07/14/29 0.42
90 ONEOK Inc 0.42
91 Alibaba Group Holding Ltd 0.42
92 AIA Group Ltd 0.41
93 Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc 0.41
94 Carrier Global Corp 0.40
95 OC Oerlikon Corp AG Pfaeffikon 0.39
96 LOW 6 1/2 03/15/29 0.38
97 Capgemini SE 0.38
98 EDP Finance BV 0.38
99 AIB Group PLC 0.37
100 Cheniere Energy Inc 0.37
101 GE HealthCare Technologies Inc 0.37
102 Pfizer Investment Enterprises Pte Ltd 0.37
103 AbbVie Inc 0.37
104 NatWest Group PLC 0.36
105 NextEra Energy Capital Holdings Inc 0.36
106 Rolls-Royce PLC 0.36
107 IBM International Capital Pte Ltd 0.36
108 STLA 5.35 03/17/28 0.36
109 Roche Holdings Inc 0.36
110 Liberty Mutual Group Inc 0.36
111 Ares Strategic Income Fund 0.36
112 Westinghouse Air Brake Technologies Corp 0.36
113 BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mex 0.36
114 EQT Corp 0.36
115 Molson Coors Beverage Co 0.36
116 Mirvac Group Finance Ltd 0.36
117 Mercedes-Benz Finance North America LLC 0.36
118 Pacific National Finance Pty Ltd 0.36
119 Public Service Electric and Gas Co 0.35
120 Marvell Technology Inc 0.34
121 MBGGR 3.1 08/15/29 0.34
122 Santander Holdings USA Inc 0.34
123 NiSource Inc 0.32
124 SK hynix Inc 0.31
125 Constellation Energy Generation LLC 0.31
126 Guardian Life Global Funding 0.30
127 Aon North America Inc 0.30
128 Pacific Gas and Electric Co 0.30
129 Canadian Pacific Railway Co 0.30
130 Exelon Corp 0.30
131 Pricoa Global Funding I 0.29
132 DNB Bank ASA 0.29
133 SK Battery America Inc 0.29
134 CBQ Finance Ltd 0.29
135 VF Corp 0.28
136 Banco Bilbao Vizcaya Argentaria SA 0.27
137 Centene Corp 0.26
138 Virgin Money UK PLC 0.26
139 DBSSP 5.065 02/13/31 0.26
140 Svenska Handelsbanken AB 0.26
141 Western Midstream Operating LP 0.25
142 Suntory Holdings Ltd 0.25
143 ASB Bank Ltd 0.24
144 Latam Airlines Group SA 0.24
145 Lendlease US Capital Inc 0.24
146 LG Electronics Inc 0.24
147 CNH Industrial NV 0.24
148 Societe Generale SA 0.24
149 Kimco Realty OP LLC 0.24
150 Southern California Gas Co 0.24
151 Organon & Co / Organon Foreign Debt Co-Issuer BV 0.24
152 Amgen Inc 0.24
153 Colombia Telecomunicaciones SA ESP 0.23
154 Met Tower Global Funding 0.23
155 Central American Bank for Economic Integration 0.22
156 Worley US Finance Sub Ltd 0.21
157 INTC 4.65 06/01/31 0.21
158 Argentum Netherlands BV for Swiss Re Ltd 0.21
159 Medline Borrower LP 0.20
160 National Grid PLC 0.19
161 Var Energi ASA 0.18
162 Ryder System Inc 0.18
163 Grupo Aeromexico SAB de CV 0.18
164 Stellantis Finance US Inc 0.18
165 KeySpan Gas East Corp 0.18
166 LYB International Finance II BV 0.18
167 Swedbank AB 0.18
168 BUPA Finance PLC 0.17
169 Dell International LLC / EMC Corp 0.17
170 Bank of Ireland Group PLC 0.15
171 Unicaja Banco SA 0.15
172 General Motors Financial Co Inc 0.14
173 Jane Street Group / JSG Finance Inc 0.12
174 Sunny Optical Technology Group Co Ltd 0.12
175 Mondelez International Inc 0.12
176 Daimler Truck Finance North America LLC 0.12
177 Block Inc 0.12
178 DnB Bank ASA 0.12
179 United Rentals North America Inc 0.12
180 APODS 5.2 12/08/28 0.10
181 QBE Insurance Group Ltd 0.10
182 Southern California Edison Co 0.09
183 US 5YR NOTE (CBT) Jun26 0.08
184 VARNO 5 7/8 05/22/30 0.08
185 Concentrix Corp 0.08
186 Argentum Netherlands BV for Zurich Insurance Co Ltd 0.08
187 Allstate Corp/The 0.03
188 Sofi Professional Loan Program 2018-D Trust 0.03
189 COGARD 0 12/31/31 0.01
190 Shimao Group Holdings Ltd 0.01
191 COGARD 5 12/31/32 0.01
192 Sofi Professional Loan Program 2018-C Trust 0.00
193 SES SA 0.00
194 Grand City Properties SA 0.00
195 Eurex 2 Year Euro SCHATZ Future 0.00
196 US 2YR NOTE (CBT) Jun26 -0.16

Fees

Ongoing costs p.a.
0.45%
Flat fee
0.37%
Management fee p.a.
0.30%
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

Market
Sales authorisations status
Australia
Institutional Only*
Austria
Registered
Belgium
Registered
Denmark
Registered
Finland
Registered
Germany
Registered
Greece
Registered
Italy
Institutional Only*
Liechtenstein
Registered
Luxembourg
Registered
Netherlands
Registered
Norway
Registered
Singapore
Institutional Only*
Spain
Registered
Sweden
Registered
Switzerland
Registered
United Kingdom
Registered

Literature

en
de
fr
it
es
Brochures
Document type
Document Language
Fact Sheet
fr fr
it it
de de
es es
en en
Swiss Climate Scores Report
ASIP ESG Report
Fact Sheet - 麻豆社 Bond Funds
es es
it it
fr fr
en en
de de
Fact Sheet - 麻豆社 Classic Bond Funds
de de
fr fr
it it
es es
en en
Agreement / Prospectus
Document type
Document Language
Prospectus
Key Information Document
Past performance
Previous performance scenario
Statutes / Management regulations
ESG Disclosure
SFDR Pre-Contractual Annex
Annual and semi-annual report (accounting on May 31)
Document type
Document Language
Annual report
SFDR Periodic Report Annex
Semi-annual report
General information
Document type
Document Language
Tax list
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