Overview
The actively managed fund invests mainly in RMB-denominated fixed-income instruments that are primarily issued by, but not limited to, the central government or local governments, government-related entities, banks and other financial institutions or corporate entities.
Investments are conducted in the onshore China Interbank Bond Market (CIBM), and may include both direct securities (physical bonds) and derivatives related to fixed income securities where allowed.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
Benefits
This diversified bond portfolio can be used to participate in the opportunities in the China fixed income market , as well as exposure to Chinese Yuan.
The fund is managed across duration, yield curve, sector and security selection in accordance with market conditions. This allows the portfolio to be dynamically adjusted throughout market cycles.
Risks
Features
| Product category |
Bond Aggregate |
| Product domicile |
Luxembourg
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| Portfolio management |
麻豆社 Asset Management (Hong Kong) Ltd., Hong Kong
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| Fund management |
麻豆社 Asset Management (Europe) S.A., Luxembourg
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| Custodian bank |
麻豆社 Europe SE, Luxembourg Branch
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| Representative for products established under foreign law |
麻豆社 Fund Management (Switzerland) AG
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| Day of inception |
March 14, 2018
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| Currency of account |
CNY
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| Close of financial year |
May 31
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| SFDR Classification |
Art.6
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| Issue / redemption |
daily
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| Distribution |
Reinvestment
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| Maturity |
Open end
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| Ongoing costs p.a. |
0.17% p.a.
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| Management fee |
0.00% p.a.
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| Total expense ratio (TER) |
0.17% p.a.
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| Minimum investment |
n.a.
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| Reference Index / Benchmark |
Bloomberg China Aggregate Index in CNY
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| Cut-Off Time |
11:00h(CET)
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| Securities no. |
38478433
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| ISIN |
LU1698195721
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| Bloomberg Ticker |
UBCFIBA LX
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Performance and Prices
Percentage growth
as of May 29, 2026| CNY(%) | CHF(%) | EUR(%) | USD(%) | |
| YTD | 1.55 | 3.40 | 5.52 | 4.84 |
| 1M | ||||
| 3M | ||||
| 6M | ||||
| 1Y | ||||
| 2Y | 0.81 | -7.95 | -7.16 | 5.30 |
| 3Y | ||||
| 5Y | 22.44 | -0.04 | 20.20 | 15.15 |
| ø p.a.5Y | 4.13 | -0.01 | 3.75 | 2.86 |
Current data
| Net asset value | 01.06.2026 | CNY 1,449.71 |
| High - last 12 months | 01.06.2026 | CNY 1,449.71 |
| Low - last 12 months | 29.09.2025 | CNY 1,419.42 |
| Assets of the unit class in mn | 01.06.2026 | CNY 84.99 |
| Total product assets in mn | 01.06.2026 | CNY 3,342.90 |
| Option Adjusted Duration | 30.04.2026 | 5.60 |
Structures
By the 10 largest positions (in %, as of April 30, 2026)
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| China Govt Bond 1.66 25 Dec 2032 | 3.14 |
| China Govt Bond 1.78 15 Nov 2035 | 2.51 |
| China Govt Bond 2.6 15 Sep 2030 | 2.32 |
| China Southern 2.45 25 Mar 2029 | 2.23 |
| China Govt Bond 1.78 15 Sep 2032 | 2.23 |
| Alibaba Group 2.65 28 May 2028 | 1.95 |
| Cn Cinda 2020 I 2.58 25 Jun 2028 | 1.93 |
| China Govt Bond 1.55 25 Jul 2030 | 1.90 |
| China Govt Bond 1.75 25 Feb 2036 | 1.87 |
| Bk Of East Asia 2.95 09 Sep 2029 | 1.86 |
Fees
Distributions
Sales Authorisations
Literature
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Document type
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Document Language
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| Prospectus |
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| Key Information Document |
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| Past performance |
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| Previous performance scenario |
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| Statutes / Management regulations |
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Document type
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Document Language
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| Annual report |
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| Semi-annual report |
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