Overview

This actively managed equity fund invests in selected US companies that are expected to deliver above market average total yields. Total Yield is the sum of yields from dividend distributions and from company profits returned to shareholders via share buybacks.

Focus on quality factors with the aim to exclude low quality stocks.

The portfolio is well diversified with low single stock weights and broad sector allocation.

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

Benefits

Easy access to US stocks that offer high total yields which sums up yields from dividends and share buybacks.

Investors can profit from a portfolio that seeks optimal diversification - low single stock weights and a broad sector allocation.

Experienced investment team with a solid track record in running both US equity and equity yield strategies.

Risks

麻豆社 Country & Regional Funds invest in equities and may therefore be subject to high fluctuations in value. As these 麻豆社 funds pursue an active management style, each fund's performance can deviate from that of its reference index. 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. Every fund has specific risks, which can significantly increase under unusual market conditions. The distributing (-dist) share classes of this fund intend to distribute capital as well as income (e.g. from dividends). Investors in some jurisdictions may incur a higher rate of tax on distributed capital than on any capital gains which are realised on disposal of fund shares. Some investors may therefore choose to invest in the accumulating (-acc) instead of the distributing (-dist) share classes. Investors may be taxed at a later point in time on income and capital arising on accumulating (-acc) share classes compared to distributing (-dist) share classes. Investors should seek their own tax advice. Total yield must not be confused with total return. 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 Equity Funds
麻豆社 Country & Regional 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 Asset Management (UK) Limited
Regulation
UCITS
Legal form
Unlimited
Day of inception
23 January 2014
Currency of account
USD
Currency of unit class
EUR
Close of financial year
31 May
SFDR Classification
Art.8
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Ongoing costs p.a.
0.96% p.a.
Management fee
0.71% p.a.
Total expense ratio (TER)
0.96% p.a.
Swing pricing
yes
Minimum investment
n.a.
Reference Index / Benchmark
MSCI USA (net div. reinv.) (hedged EUR)
ISIN
LU0979667457
Bloomberg Ticker
UBUTEQA LX
Telekurs Id
n.a.

Performance and Prices

Percentage growth

as of 18 June 2026
Cumulative
EUR(%)
YTD
1M
3M 15.40
6M 12.26
1Y 24.12
2Y 27.01
3Y 47.76
5Y
ø p.a.5Y 9.45
Discrete Annual
EUR(%)
Q1 2025 to Q1 2026 12.13
Q1 2024 to Q1 2025 -3.00
Q1 2023 to Q1 2024 23.49
Q1 2022 to Q1 2023 -5.40
Q1 2021 to Q1 2022 9.39

Current data

Net asset value 18.06.2026 EUR 283.38
High - last 12 months 04.06.2026 EUR 288.20
Low - last 12 months 20.06.2025 EUR 227.59
Assets of the unit class in mn 18.06.2026 EUR 13.02
Total product assets in mn 18.06.2026 EUR 1,850.16
Indicative current total yield 29.05.2026 5.30%
Statistical data
Date
2 years
5 years
Total risk reference index / benchmark 31.05.2026 12.42% 16.13%
Sharpe Ratio 31.05.2026 0.89 0.42
Risk Free Rate 31.05.2026 2.60% 1.98%

Structures

By the 10 largest equity positions (in %, as of 29 May 2026)

 
 
Apple Inc 5.28
NVIDIA Corp 4.36
NetApp Inc 3.21
Cisco Systems Inc 2.83
Applied Materials Inc 2.82
Caterpillar Inc 2.79
Visa Inc 2.63
Lam Research Corp 2.63
QUALCOMM Inc 2.62
Goldman Sachs Group Inc/The 2.49

Fees

Ongoing costs p.a.
0.96%
Flat fee
0.89%
Management fee p.a.
0.71%
Max. issuing commission
5.00%
Max. redemption commission
0.00%
Distribution fee
(see info)

Distributions

No distributions. Continuous reinvestment of income.

Sales Authorisations

Market
Sales authorisations status
Australia
Institutional Only*
Austria
Registered
Belgium
Registered
Finland
Registered
Germany
Registered
Greece
Registered
Italy
Institutional Only*
Liechtenstein
Registered
Luxembourg
Registered
Netherlands
Registered
Singapore
Institutional Only*
Spain
Registered
Sweden
Registered
Switzerland
Registered
United Kingdom
Registered

Literature

Brochures
Document type
Document Language
Fact Sheet
Manager Commentary
Fact Sheet - 麻豆社 Equity Funds
Fact Sheet - 麻豆社 Country & Regional Funds
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 May)
Document type
Document Language
Annual report
SFDR Periodic Report Annex
Semi-annual report
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