Overview

The actively managed fund seeks attractive total return by investing in a diversified portfolio of Chinese equities and fixed income.

Investment is approximately 50% in Chinese equity and 50% in Chinese Fixed Income.

Actively seizes promising market opportunities via selection of individual stocks and bonds as well as by allocation between the equity and fixed income asset classes.

Owing to the varying mixed asset allocation, this fund could be treated in specific phases as a bond fund for tax purposes in the UK. Investors should therefore contact a tax advisor.

The fund invests without any benchmark restrictions. The performance of the fund is not benchmarked against an index.

Benefits

Participate in the growth and increasing internationalization of the Chinese economy and markets via select investments in both fixed income and equities.

The portfolio is adjusted to market conditions to proactively include the most interesting opportunities.

Investors can rely on an experienced local portfolio management team with a proven track record.

Risks

Investments in China may be affected by legal uncertainties or other accompanying factors related to the political situation and economic and regulatory developments in China, and may entail additional risks and volatility. The fund may be subject to withholding and other taxes imposed in China. Tax laws, regulations and practice in China are subject to change and may be amended with retrospective effect. Investments in RMB involve the risk that Chinese government’s currency control and future movements in exchange rates may adversely affect the fund's value. The fund may use derivatives which may result in additional risks (particularly counterparty risk). Every fund has specific risks, which can significantly increase under unusual market conditions. 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.This share class (mdist) may make monthly, gross-of-fee distributions. As a consequence, in addition to income, this share class may also distribute capital. This can have negative tax consequences for investors in some jurisdictions. Investors should seek their own tax advice.

Features

Product category
麻豆社 Asset Allocation Funds
麻豆社 Emerging Markets Allocation Funds
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
16 August 2019
Currency of account
USD
Close of financial year
30 September
SFDR Classification
Art.6
Issue / redemption
daily
Maturity
Open end
Ongoing costs p.a.
1.20% p.a.
Management fee
0.88% p.a.
Total expense ratio (TER)
1.19% p.a.
Swing pricing
yes
Minimum investment
n.a.
Reference Index / Benchmark
ISIN
LU2037085722
Bloomberg Ticker
UBAOUQU LX

Performance and Prices

Percentage growth

as of 18 June 2026
Cumulative
USD(%)
YTD
1M
3M 5.06
6M 6.95
1Y 16.53
2Y 32.99
3Y 31.15
5Y
ø p.a.5Y -4.30
Discrete Annual
USD(%)
Q1 2025 to Q1 2026 7.36
Q1 2024 to Q1 2025 18.41
Q1 2023 to Q1 2024 -9.71
Q1 2022 to Q1 2023 -10.48
Q1 2021 to Q1 2022 -31.14

Current data

Net asset value 18.06.2026 USD 66.34
High - last 12 months 09.10.2025 USD 69.06
Low - last 12 months 19.06.2025 USD 59.78
Last distribution 15.06.2026 USD 0.33
Assets of the unit class in mn 18.06.2026 USD 8.12
Total product assets in mn 18.06.2026 USD 797.77
Statistical data
Date
2 years
5 years
Sharpe Ratio 31.05.2026 0.74 -0.52
Risk Free Rate 31.05.2026 4.41% 3.63%

Structures

Fees

Ongoing costs p.a.
1.20%
Flat fee
1.10%
Management fee p.a.
0.88%
Max. issuing commission
6.00%
Max. redemption commission
0.00%
Distribution fee
(see info)

Distributions

From
01-Nov-2020
To
01-Nov-2021
Date of distribution
Pay date
Cps no.
Currency
Distribution
10.07.2025 15.07.2025 70 USD 0.31 11.08.2025 14.08.2025 71 USD 0.31 10.09.2025 15.09.2025 72 USD 0.33 10.10.2025 15.10.2025 73 USD 0.34 10.11.2025 13.11.2025 74 USD 0.33 10.12.2025 15.12.2025 75 USD 0.32 12.01.2026 15.01.2026 76 USD 0.32 10.02.2026 13.02.2026 77 USD 0.34 10.03.2026 13.03.2026 78 USD 0.33 10.04.2026 15.04.2026 79 USD 0.31 11.05.2026 14.05.2026 80 USD 0.32 10.06.2026 15.06.2026 81 USD 0.33

Sales Authorisations

Market
Sales authorisations status
Australia
Institutional Only*
Austria
Registered
Belgium
Registered
Finland
Registered
France
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
Fact Sheet - 麻豆社 Asset Allocation Funds
Fact Sheet - 麻豆社 Emerging Markets Allocation Funds
Agreement / Prospectus
Document type
Document Language
Prospectus
Country supplement
Key Investor Information (KIID)
Past performance
Previous performance scenario
Annual and semi-annual report (accounting on 30 September)
Document type
Document Language
Annual report
Semi-annual report
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