Overview

The actively managed fund invests primarily in securities denominated in USD and local currencies issued by Asian economies/borrowers (ex Japan).

Country selection, credit ratings and interest rate and currency risks are actively managed in order to benefit from market volatility.

When markets are rising, the fund aims to achieve relatively high returns, whereas it proactively reduces and/or hedges high-risk assets to protect against price losses in anticipation of a downswing.

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 on the Asian market for fixed-income securities.

The fund is actively managed in accordance with market conditions. This allows the portfolio to be dynamically adjusted throughout market cycles.

Risks

The fund offers higher return potential than a high-quality bond portfolio and therefore bears a higher risk. In addition, emerging markets are at an early stage of development which can typically involve a high level of price volatility and other specific risks such as lower market transparency, regulatory hurdles, corporate governance and political and social challenges. Corresponding risk tolerance and capacity are required. 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. The fund can invest in less liquid assets that may be difficult to sell in the case of distressed markets. 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.All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. Please consult your client advisor for more information on the investment risks of this product.

Features

Product category
Bond
Aggregate
Product domicile
Luxembourg
Portfolio management
麻豆社 Asset Management (Hong Kong) Ltd., Hong Kong
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
02 November 2010
Currency of account
USD
Close of financial year
31 March
SFDR Classification
Art.8
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Ongoing costs p.a.
0.66% p.a.
Management fee
0.48% p.a.
Total expense ratio (TER)
0.64% p.a.
Swing pricing
yes
Minimum investment
-
Reference Index / Benchmark
JP Morgan Asia Credit Index
Cut-Off Time
13:00h(CET)
ISIN
LU0464245819
Bloomberg Ticker
UFCABIA LX
Telekurs Id
n.a.

Performance and Prices

Percentage growth

as of 18 June 2026
Cumulative
USD(%) EUR(%)
YTD
1M
3M 0.73 0.96
6M 1.46 3.59
1Y 6.92 7.13
2Y 13.71 6.32
3Y 20.19 14.32
5Y
ø p.a.5Y -0.53 0.10
Discrete Annual
USD(%) EUR(%)
Q1 2025 to Q1 2026 5.68 -0.92
Q1 2024 to Q1 2025 7.52 7.50
Q1 2023 to Q1 2024 4.13 4.75
Q1 2022 to Q1 2023 -4.88 -2.58
Q1 2021 to Q1 2022 -13.36 -8.48

Current data

Net asset value 18.06.2026 USD 158.73
High - last 12 months 27.02.2026 USD 160.08
Low - last 12 months 19.06.2025 USD 148.39
Assets of the unit class in mn 18.06.2026 USD 10.94
Total product assets in mn 18.06.2026 USD 243.01
Option Adjusted Duration 29.05.2026 5.04
Average remaining maturity 29.05.2026 6.70 years
Statistical data
Date
2 years
5 years
Total risk reference index / benchmark 31.05.2026 2.88% 5.51%
Sharpe Ratio 31.05.2026 0.85 -0.57
Risk Free Rate 31.05.2026 4.41% 3.63%

Structures

Fees

Ongoing costs p.a.
0.6592%
Flat fee
0.6000%
Management fee p.a.
0.4800%

Distributions

No distributions. Continuous reinvestment of income.

Sales Authorisations

Market
Sales authorisations status
Austria
Registered
Chile
Institutional Only*
Finland
Registered
Germany
Registered
Liechtenstein
Registered
Luxembourg
Registered
Netherlands
Registered
Singapore
Institutional Only*
Spain
Registered
Sweden
Registered
Switzerland
Registered
Taiwan
Registered
United Kingdom
Registered

Literature

Brochures
Document type
Document Language
Fact Sheet
Fact Sheet - Bond
Fact Sheet - Aggregate
Agreement / Prospectus
Document type
Document Language
Prospectus
Country supplement
Key Investor Information (KIID)
Past performance
Previous performance scenario
ESG Disclosure
SFDR Pre-Contractual Annex
Annual and semi-annual report (accounting on 31 March)
Document type
Document Language
Annual report
SFDR Periodic Report Annex
Semi-annual report
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