Overview
This actively managed, defensive equity fund invests in companies from across the globe that offer a high dividend yield.
The fund aims to generate additional income through call overwriting.
The fund focuses on quality factors to exclude low quality stocks, including the company’s ability to pay stable or growing dividends.
Local currency risks are largely hedged versus EUR.
The strategy is based on a quantitative model.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
Benefits
Easy access to a high quality, defensive equity portfolio which aims to provide some downside cushion during market corrections.
Strong income component generated from dividends and call option premiums.
Investors can profit from a portfolio that seeks optimal diversification - low single stock weights and broad country and sector allocations.
Investors can largely avoid the impact from fluctuations of the local investment currencies versus USD.
Risks
Features
| Product category |
麻豆社 Equity Funds 麻豆社 Country & Regional Funds |
| Product domicile |
Luxembourg
|
| Portfolio management |
麻豆社 Asset Management Switzerland AG, Zurich
|
| 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 |
25 February 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. |
1.80% p.a.
|
| Management fee |
1.38% p.a.
|
| Total expense ratio (TER) |
1.78% p.a.
|
| Swing pricing |
yes
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark |
MSCI All Country World (net div. reinv.) (hedged EUR)
|
| ISIN |
LU1013383986
|
| Bloomberg Ticker |
麻豆社GIEP LX
|
| Telekurs Id |
n.a.
|
Performance and Prices
Percentage growth
as of 18 June 2026| EUR(%) | |
| YTD | |
| 1M | |
| 3M | 14.32 |
| 6M | 19.12 |
| 1Y | 27.02 |
| 2Y | 37.02 |
| 3Y | 50.10 |
| 5Y | |
| ø p.a.5Y | 8.57 |
| EUR(%) | |
| Q1 2025 to Q1 2026 | 9.56 |
| Q1 2024 to Q1 2025 | 9.33 |
| Q1 2023 to Q1 2024 | 10.29 |
| Q1 2022 to Q1 2023 | -3.79 |
| Q1 2021 to Q1 2022 | 4.96 |
Current data
| Net asset value | 18.06.2026 | EUR 188.50 |
| High - last 12 months | 15.06.2026 | EUR 189.10 |
| Low - last 12 months | 20.06.2025 | EUR 148.02 |
| Assets of the unit class in mn | 18.06.2026 | EUR 21.21 |
| Total product assets in mn | 18.06.2026 | EUR 444.01 |
| Indicative current equity yield | 29.05.2026 | 9.70% |
|
Date
|
2 years
|
5 years
|
|
| Total risk reference index / benchmark | 31.05.2026 | 11.09% | 13.71% |
| Sharpe Ratio | 31.05.2026 | 1.44 | 0.58 |
| Risk Free Rate | 31.05.2026 | 2.60% | 1.98% |
Structures
By the 10 largest equity positions (in %, as of 29 May 2026)
|
|
|
| NetApp Inc | 3.54 |
| United Microelectronics Corp | 3.45 |
| Lenovo Group Ltd | 2.98 |
| Cisco Systems Inc | 2.85 |
| Lam Research Corp | 2.66 |
| Texas Instruments Inc | 2.55 |
| Applied Materials Inc | 2.54 |
| MetLife Inc | 2.43 |
| T Rowe Price Group Inc | 2.35 |
| Verizon Communications Inc | 2.33 |
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 |
|