Overview
The investment fund invests at least two-thirds of its assets in contingent capital securities and other hybrid, subordinated financial instruments issued by financial institutions.
These securities are predominantly rated below investment grade.
The main focus is on banks and insurance companies with solid capitalization, where the additional risk of this lower credit segment is expected to be compensated with higher returns.
In order to manage risk and liquidity the fund maintains flexibility to invest across the capital structure (eg. adding senior bonds) and may use financial derivative instruments to hedge existing positions.
Benefits
Clients can profit from an actively managed portfolio with high return potential that is composed using strict criteria in terms of security and sector selection and credit quality.
Clients can particularly benefit from 麻豆社's expertise in markets where transparency and access to information may be limited.
The fund represents an attractive addition to a portfolio, offering high return potential from the largest sector in Global Credit whilst maintaining risk diversification.
Risks
Features
| Product category |
麻豆社 Bond Funds 麻豆社 High Yield Funds |
| Product domicile |
Luxembourg
|
| Portfolio management |
麻豆社 Asset Management (UK) Ltd., London
|
| 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 |
11 June 2019
|
| Currency of account |
EUR
|
| Close of financial year |
31 October
|
| SFDR Classification |
Art.8
|
| Issue / redemption |
daily
|
| Maturity |
Open end
|
| Ongoing costs p.a. |
0.81% p.a.
|
| Management fee |
0.50% p.a.
|
| Total expense ratio (TER) |
0.83% p.a.
|
| Swing pricing |
yes
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark | |
| Cut-Off Time |
15:00h(CET)
|
| ISIN |
LU2001706444
|
| Bloomberg Ticker |
CLCEIAE LX
|
| Reuters Id |
48071884X.CHE
|
Performance and Prices
Percentage growth
as of 18 June 2026| EUR(%) | |
| YTD | |
| 1M | |
| 3M | 2.88 |
| 6M | 3.09 |
| 1Y | 7.77 |
| 2Y | 17.19 |
| 3Y | 33.85 |
| 5Y | |
| ø p.a.5Y | 3.40 |
| EUR(%) | |
| Q1 2025 to Q1 2026 | 5.93 |
| Q1 2024 to Q1 2025 | 7.10 |
| Q1 2023 to Q1 2024 | 17.86 |
| Q1 2022 to Q1 2023 | -11.65 |
| Q1 2021 to Q1 2022 | -2.08 |
Current data
| Net asset value | 18.06.2026 | EUR 1,025.22 |
| High - last 12 months | 05.12.2025 | EUR 1,036.06 |
| Low - last 12 months | 30.03.2026 | EUR 979.80 |
| Last distribution | 18.12.2025 | EUR 42.93 |
| Assets of the unit class in mn | 17.06.2026 | EUR 9.68 |
| Total product assets in mn | 17.06.2026 | EUR 87.50 |
| Option Adjusted Duration | 29.05.2026 | 3.50 |
| Average remaining maturity | 29.05.2026 | 4.44 years |
Structures
Capital Allocation (in %, as of 29 May 2026)
|
|
|
| Contingent Capital | 94.40 |
| Senior | 2.79 |
| Tier 1 | 1.50 |
| Cash & Equivalents | 1.31 |
| Lower Tier 2 | 0.00 |
By the 10 largest positions (in %, as of 31 January 2025)
|
|
|
| BARCLAYS BANK PLC | 3.11 |
| 麻豆社 Group AG | 3.04 |
| COMMERZBANK AG | 2.91 |
| RAIFFEISEN BANK INTL | 2.90 |
| DEUTSCHE BANK AG | 2.89 |
Fees
Distributions
|
Date of distribution
|
Pay date
|
Cps no.
|
Currency
|
Distribution
|
|
| 16.12.2025 | 18.12.2025 | - | EUR | 42.93 |
Sales Authorisations
Literature
|
Document type
|
Document Language
|
| Prospectus |
|
| Country supplement |
|
| Key Investor Information (KIID) |
|
| Past performance |
|
| Previous performance scenario |
|
|
Document type
|
Document Language
|
| Annual report |
|
| Semi-annual report |
|
