Overview

The actively managed fund invests mainly in RMB-denominated fixed-income instruments that are primarily issued by, but not limited to, the central government or local governments, government-related entities, banks and other financial institutions or corporate entities.

Investments are conducted in the onshore China Interbank Bond Market (CIBM), and may include both direct securities (physical bonds) and derivatives related to fixed income securities where allowed.

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

Benefits

This diversified bond portfolio can be used to participate in the opportunities in the China fixed income market , as well as exposure to Chinese Yuan.

The fund is managed across duration, yield curve, sector and security selection in accordance with market conditions. This allows the portfolio to be dynamically adjusted throughout market cycles.

Risks

The fund offers higher return potential than a developed market bond portfolio and therefore bears a higher risk. In addition, emerging markets are at an early stage of development which can typically involve a high level of price volatility and other specific risks such as lower market transparency, regulatory hurdles, corporate governance and political and social challenges. Corresponding risk tolerance and capacity are required. All investments are subject to market fluctuations. The fund can invest in less liquid assets that may be difficult to sell in the case of distressed markets. Every fund has specific risks, which can significantly increase under unusual market conditions. The fund can use derivatives, which may result in additional risks (particularly counterparty risk). 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.All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. Please consult your client advisor for more information on the investment risks of this product.

Features

Product category
Bond
Aggregate
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
30 September 2020
Currency of account
USD
Close of financial year
31 May
SFDR Classification
Art.6
Issue / redemption
daily
Maturity
Open end
Ongoing costs p.a.
0.56% p.a.
Management fee
0.42% p.a.
Total expense ratio (TER)
0.58% p.a.
Minimum investment
n.a.
Reference Index / Benchmark
Bloomberg China Aggregate Index (hedged USD)
Cut-Off Time
11:00h(CET)
ISIN
LU2230738838
Bloomberg Ticker
UBCHI3U LX

Performance and Prices

Percentage growth

as of 18 June 2026
Cumulative
USD(%) EUR(%)
YTD
1M
3M 1.54 1.77
6M 2.51 4.66
1Y 3.24 3.44
2Y 11.82 4.54
3Y 21.38 15.46
5Y
ø p.a.5Y 5.62 6.29
Discrete Annual
USD(%) EUR(%)
Q1 2025 to Q1 2026 3.97 -2.53
Q1 2024 to Q1 2025 8.20 8.18
Q1 2023 to Q1 2024 8.65 9.30
Q1 2022 to Q1 2023 4.34 6.86
Q1 2021 to Q1 2022 2.14 7.89

Current data

Net asset value 18.06.2026 USD 118.72
High - last 12 months 18.06.2026 USD 118.72
Low - last 12 months 29.09.2025 USD 114.74
Last distribution 06.08.2025 USD 2.60
Assets of the unit class in mn 18.06.2026 USD 0.49
Total product assets in mn 18.06.2026 USD 493.80
Option Adjusted Duration 29.05.2026 5.72

Structures

Fees

Ongoing costs p.a.
0.5580%
Flat fee
0.5300%
Management fee p.a.
0.4200%

Distributions

From
01-Nov-2020
To
01-Nov-2021
Date of distribution
Pay date
Cps no.
Currency
Distribution
01.08.2025 06.08.2025 6 USD 2.60

Sales Authorisations

Market
Sales authorisations status
Australia
Institutional Only*
Luxembourg
Registered
Singapore
Institutional Only*
Switzerland
Registered
United Kingdom
Registered

Literature

Brochures
Document type
Document Language
Fact Sheet
Fact Sheet - Bond
Fact Sheet - Aggregate
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 31 May)
Document type
Document Language
Annual report
Semi-annual report
Please wait for the requested content to load. If there is no response after several minutes, please reload the page or try again later.

We’re here to help

Contact us

For general inquiries with 麻豆社 Asset Management, fill in a form with your details and we’ll be back in touch.

Our leadership team

Our global leadership team is deep, diverse, and dedicated to our ethos of delivering investment excellence.

Find your local 麻豆社 office

As your expert global partner, we're closer than you think. Discover 麻豆社's locations in your region.