Overview
The actively managed fund invests worldwide in emerging markets, using a disciplined, fundamental investment process based on bottom-up stock selection.
The fund follows a focused investment strategy that incorporates the best long term ideas of an experienced team of emerging markets equity specialists.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
This share class distributes a constant percentage share of the NAV, not a constant amount.
This share class is designed for investors who want to profit from performance opportunities on the financial markets and at the same time wish more stable distributions at a specific percentage level to cover recurring liquidity needs.
As the distributions are substantial, this share class is not designed for investors who want to build wealth. The latter may prefer the accumulating share class.
This share class must not be seen as an alternative to a savings account or fixed-interest paying investments.
The percentage distribution rate of this share class is unrelated to the interest or other income generated in the fund. The distribution is a percentage payment of the current amount of investment.
It is possible that the distributions result in an erosion of assets and a reduction of invested capital.
This share class may distribute capital as well as income. There are potential negative tax consequences for some investors in some jurisdictions. See risk section below.
Benefits
Very active concentrated portfolio of top conviction stock ideas of the investment team.
High flexibility to take focused views on significant opportunities that seek to provide higher returns.
Unconstrained by the reference index.
Risks
Features
| Product category |
麻豆社 Emerging Market Funds Equities |
| 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 |
09 February 2018
|
| Currency of account |
USD
|
| Close of financial year |
31 May
|
| SFDR Classification |
Art.8
|
| Issue / redemption |
daily
|
| Maturity |
Open end
|
| Ongoing costs p.a. |
1.99% p.a.
|
| Management fee |
1.54% p.a.
|
| Total expense ratio (TER) |
1.98% p.a.
|
| Swing pricing |
yes
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark |
MSCI Emerging Markets Index (net div. reinv.)
|
| ISIN |
LU1769817096
|
| Bloomberg Ticker |
麻豆社P4MD LX
|
Performance and Prices
Percentage growth
as of 17 June 2026| USD(%) | EUR(%) | |
| YTD | ||
| 1M | ||
| 3M | 20.62 | 19.53 |
| 6M | 37.58 | 39.54 |
| 1Y | 64.31 | 63.43 |
| 2Y | 77.36 | 64.00 |
| 3Y | 88.62 | 77.81 |
| 5Y | ||
| ø p.a.5Y | 5.26 | 5.89 |
| USD(%) | EUR(%) | |
| Q1 2025 to Q1 2026 | 37.88 | 29.26 |
| Q1 2024 to Q1 2025 | 5.41 | 5.39 |
| Q1 2023 to Q1 2024 | 5.80 | 6.44 |
| Q1 2022 to Q1 2023 | -14.39 | -12.33 |
| Q1 2021 to Q1 2022 | -23.04 | -18.70 |
Current data
| Net asset value | 18.06.2026 | USD 118.04 |
| High - last 12 months | 02.06.2026 | USD 118.93 |
| Low - last 12 months | 20.06.2025 | USD 74.63 |
| Last distribution | 15.06.2026 | USD 0.39 |
| Assets of the unit class in mn | 17.06.2026 | USD 0.36 |
| Total product assets in mn | 17.06.2026 | USD 555.26 |
|
Date
|
2 years
|
5 years
|
|
| Total risk reference index / benchmark | 31.05.2026 | 19.02% | 18.82% |
| Sharpe Ratio | 31.05.2026 | 1.56 | 0.05 |
| Risk Free Rate | 31.05.2026 | 4.41% | 3.63% |
Structures
By the 10 largest equity positions (in %, as of 29 May 2026)
|
|
|
| Sk Hynix | 9.57 |
| Samsung Electronics Co | 9.56 |
| Taiwan Semiconductor Mfg | 9.37 |
| Mediatek Inc | 5.08 |
| Tencent Holdings Li (Cn) | 3.89 |
| Alibaba Group Hldg Ltd Sponsored Ads | 3.63 |
| Hon Hai Precision Ind Co | 3.53 |
| Ase Technology Holding | 3.35 |
| Contemporary Amp A(Hk-C) | 2.79 |
| Delta Electronics | 2.35 |
Fees
Distributions
|
Date of distribution
|
Pay date
|
Cps no.
|
Currency
|
Distribution
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 10.07.2025 | 15.07.2025 | 89 | USD | 0.26 | 11.08.2025 | 14.08.2025 | 90 | USD | 0.26 | 10.09.2025 | 15.09.2025 | 91 | USD | 0.27 | 10.10.2025 | 15.10.2025 | 92 | USD | 0.29 | 10.11.2025 | 13.11.2025 | 93 | USD | 0.30 | 10.12.2025 | 15.12.2025 | 94 | USD | 0.30 | 12.01.2026 | 15.01.2026 | 95 | USD | 0.31 | 10.02.2026 | 13.02.2026 | 96 | USD | 0.33 | 10.03.2026 | 13.03.2026 | 97 | USD | 0.35 | 10.04.2026 | 15.04.2026 | 98 | USD | 0.31 | 11.05.2026 | 14.05.2026 | 99 | USD | 0.35 | 10.06.2026 | 15.06.2026 | 100 | USD | 0.39 |
Sales Authorisations
Literature
|
Document type
|
Document Language
|
| Manager Commentary |
|
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 |
|