Overview

The investment objective is to achieve capital appreciation in USD within defined risk parameters.

Investments may be denominated in any currency.

The major part of the assets of the Subfund shall be invested in debt instruments, bonds, notes, and similar fixed interest or floating-rate securities (including securities issued on a discount basis) of corporate issuers in the non-investment grade sector.

This sub-fund is actively managed and uses the benchmark (reference index) as a reference for performance comparison and risk management but is not constrained by it.

Benefits

Clients benefit from the return potential of corporate bonds, which is higher than that of government bonds.

Active portfolio management ensures that particular attention is paid to the prevailing economic situation, sector selection and issuers' credit ratings.

Risk is kept in check via meticulous company analysis and broad diversification of the portfolio.

Risks

Depending on the credit quality, the default risk is higher in the case of high yield bonds than with investment grade corporate and government bonds. Changes in interest rates have an effect on the value of the portfolio. This requires corresponding risk tolerance and capacity. 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). 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 High Yield Funds
Product domicile
Luxembourg
Portfolio management
麻豆社 Asset Management (Americas) LLC, New York
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
December 18, 2015
Currency of account
CHF
Close of financial year
October 31
SFDR Classification
Art.6
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Ongoing costs p.a.
1.50% p.a.
Management fee
1.20% p.a.
Total expense ratio (TER)
1.46% p.a.
Swing pricing
yes
Minimum investment
n.a.
Reference Index / Benchmark
Bloomberg Global High Yield Corp. (TR) (hedged CHF)
Cut-Off Time
15:00h(CET)
Securities no.
10671043
ISIN
LU0458987418
Bloomberg Ticker
CSHYBHC LX
Reuters Id
10671043X.CHE

Performance and Prices

Percentage growth

as of May 28, 2026
Cumulative
CHF(%) EUR(%) USD(%)
YTD -1.13 0.64 -0.19
1M
3M
6M
1Y
2Y 1.79 2.66 16.44
3Y
5Y -1.09 18.63 13.43
ø p.a.5Y -0.22 3.48 2.55

Current data
Net asset value 29.05.2026 CHF 118.74
High - last 12 months 23.09.2025 CHF 121.21
Low - last 12 months 27.03.2026 CHF 115.97
Assets of the unit class in mn 29.05.2026 CHF 0.07
Total product assets in mn 29.05.2026 CHF 251.45
Average remaining maturity 30.04.2026 4.77 years

Structures

Fees

Ongoing costs p.a.
1.50%
Flat fee
n.a.
Management fee p.a.
1.20%
Max. redemption commission
0.00%
Max. issuing commission
5.00%
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
Chile
Institutional Only*
France
Registered
Germany
Registered
Hong Kong
Registered
Italy
Registered
Liechtenstein
Registered
Luxembourg
Registered
Netherlands
Registered
Singapore
Institutional Only*
Spain
Registered
Switzerland
Registered

Literature

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Brochures
Document type
Document Language
Fact Sheet
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Fact Sheet - 麻豆社 Bond Funds
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Fact Sheet - 麻豆社 High Yield Funds
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Agreement / Prospectus
Document type
Document Language
Prospectus
Key Information Document
Past performance
Previous performance scenario
Statutes / Management regulations
Annual and semi-annual report (accounting on October 31)
Document type
Document Language
Annual report
Semi-annual report
General information
Document type
Document Language
Tax list
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