Overview

This actively managed fund invests worldwide in equities.

The fund aims to reduce risk (volatility) and drawdown by applying systematic and research based options overlay.

The fund seeks to deliver higher risk-adjusted returns than global equities over the medium term with lower drawdowns.

Local currency risks are largely hedged versus USD.

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

Benefits

The fund offers easy access to global equity markets at a reduced risk.

Investors can benefit from an option-based defensive equity strategy (notably a combination of long and short put options with different strike prices (put spreads), as well as short call options) that seeks for capital appreciation with reduced downside risk relative to traditional long-only equity strategies.

Risks

The fund invests in equities and may therefore be subject to high volatility. This requires an elevated risk tolerance and capacity. The value of a unit may fall below the purchase price. The fund may use derivatives, which can reduce or increase investment risk (including the risk of loss due to the bankruptcy of the counterparty). Every fund reveals specific risks, a detailed and comprehensive list of risk descriptions can be found in the prospectus. 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
Equity
Global
Product domicile
Luxembourg
Portfolio management
麻豆社 Asset Management (UK) Ltd., London
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 24, 2020
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.
0.05% p.a.
Flat fee
0.00% p.a.
Management fee
0.00% p.a.
Total expense ratio (TER)
0.03% p.a.
Minimum investment
n.a.
Reference Index / Benchmark
65% MSCI World (hedged USD)+35% USD Fed Funds Rate
Cut-Off Time
15:00h(CET)
Securities no.
55225018
ISIN
LU2191832596
Bloomberg Ticker
ULGDIXU LX

Performance and Prices

Percentage growth

as of June 1, 2026
Cumulative
USD(%) CHF(%) EUR(%)
YTD 7.02 6.35 8.20
1M
3M
6M
1Y
2Y 16.27 1.64 2.51
3Y
5Y 58.71 39.55 67.29
ø p.a.5Y 9.68 6.89 10.84

Current data

Net asset value 01.06.2026 USD 198.59
High - last 12 months 01.06.2026 USD 198.59
Low - last 12 months 02.06.2025 USD 164.10
Assets of the unit class in mn 01.06.2026 USD 17.26
Total product assets in mn 01.06.2026 USD 374.31
Statistical data
Date
2 years
5 years
Total risk reference index / benchmark 30.04.2026 7.09% 9.07%
Sharpe Ratio 30.04.2026 1.60 0.61
Risk Free Rate 30.04.2026 4.48% 3.57%

Structures

By the 10 largest equity positions (in %, as of April 30, 2026)

 
 
NVIDIA Corp 5.56
Alphabet Inc 4.91
Apple Inc 4.33
Microsoft Corp 3.27
Amazon.com Inc 2.65
Broadcom Inc 2.14
Meta Platforms Inc 1.27
Tesla Inc 1.27
Eli Lilly & Co 0.85
ASML Holding NV 0.77

Fees

Ongoing costs p.a.
0.0488%
Flat fee
0.0000%
Management fee p.a.
0.0000%

Distributions

No distributions. Continuous reinvestment of income.

Sales Authorisations

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

Literature

Brochures
Document type
Document Language
Fact Sheet
Swiss Climate Scores Report
Fact Sheet - Equity
Fact Sheet - Global
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
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