Overview
The actively managed fund invests primarily in USD-denominated investment-grade bonds.
The fund focuses on careful security and sector selection as well as active duration management.
The investment objective is to achieve an attractive return based on the performance of the USD corporates market.
The fund is appropriate for investors seeking to achieve an attractive return with a broadly diversified USD portfolio of corporate bonds.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
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.
The fund is particularly appropriate for clients with a medium-term investment horizon who are willing to take on more risk than for investments in government bonds in order to benefit from potentially attractive returns.
Risks
Features
| Product category |
Bond Corporates |
| 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 Asset Management (UK) Limited
|
| Day of inception |
22 March 2011
|
| Currency of account |
USD
|
| Close of financial year |
31 May
|
| SFDR Classification |
Art.8
|
| Issue / redemption |
daily
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Ongoing costs p.a. |
0.04% p.a.
|
| Management fee |
0.00% p.a.
|
| Total expense ratio (TER) |
0.03% p.a.
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark |
Bloomberg US Corporate Investment Grade Index
|
| Cut-Off Time |
15:00h(CET)
|
| ISIN |
LU0396368085
|
| Bloomberg Ticker |
UBUCIXA LX
|
| Telekurs Id |
n.a.
|
Performance and Prices
Percentage growth
as of 18 June 2026| USD(%) | EUR(%) | |
| YTD | ||
| 1M | ||
| 3M | 1.40 | 1.63 |
| 6M | 1.08 | 3.20 |
| 1Y | 5.94 | 6.15 |
| 2Y | 11.00 | 3.78 |
| 3Y | 18.94 | 13.14 |
| 5Y | ||
| ø p.a.5Y | 0.89 | 1.53 |
| USD(%) | EUR(%) | |
| Q1 2025 to Q1 2026 | 5.01 | -1.55 |
| Q1 2024 to Q1 2025 | 5.31 | 5.29 |
| Q1 2023 to Q1 2024 | 5.76 | 6.40 |
| Q1 2022 to Q1 2023 | -5.25 | -2.96 |
| Q1 2021 to Q1 2022 | -3.70 | 1.72 |
Current data
| Net asset value | 18.06.2026 | USD 183.85 |
| High - last 12 months | 27.02.2026 | USD 184.80 |
| Low - last 12 months | 20.06.2025 | USD 173.60 |
| Assets of the unit class in mn | 18.06.2026 | USD 38.67 |
| Total product assets in mn | 18.06.2026 | USD 552.27 |
| Option Adjusted Duration | 29.05.2026 | 7.07 |
| Average remaining maturity | 29.05.2026 | 11.34 years |
Structures
Fees
Distributions
Sales Authorisations
Literature
|
Document type
|
Document Language
|
| Prospectus |
|
| Country supplement |
|
| Key Investor Information (KIID) |
|
| Past performance |
|
| Previous performance scenario |
|
| ESG Disclosure |
|
| SFDR Pre-Contractual Annex |
|
|
Document type
|
Document Language
|
| Annual report |
|
| SFDR Periodic Report Annex |
|
| Semi-annual report |
|
