OVHaiLLM/Flipper huggingface dataset:
NAV	147.32
Share Class Currency	USD
Share Class Currency Hedged	No
Share Class Inception Date	10.04.2013
Registration	CH / DE / ES / FR / UK / IE / IT / LU / NL
Quotation	Daily
Domicile	Luxembourg
ISIN / Bloomberg	LU0862028247 / MIGUSCI LX
Valoren / WKN	20080978 / A1KC3F
Lipper ID	68193478
Target Clients	Institutionals
Subscription / Redemption	Daily / Daily
Subscription: Notice / Settlement	0 Business Day / 3 Business Days
Redemption: Notice / Settlement	0 Business Day / 4 Business Days
Mgmt. Fee	0.60%
Minimum Investment	1'000'000 EUR
Fund Size (in share class ccy)	269.28 million USD
Fund Legal Type	SICAV
Legal Status	Open-ended
Dividends Distribution Policy	Capitalised
Benchmark	ICE BAML Global HY Index USD Hedged
TER 31.12.2020	0.79%

Translation (ENDE, 2021-07-30):
NIW	147.32
Währungsklasse	USD
Share Class Currency Hedged	Nein
Lancierungsdatum	10.04.2013
Zulassung	CH / DE / ES / FR / UK / IE / IT / LU / NL
NIW-Berechnung	Täglich
Domizil	Luxemburg
ISIN / Bloomberg	LU0862028247 / MIGUSCI LX
Valoren / WKN	20080978 / A1KC3F
Lipper ID	68193478
Zielkunden	Institutionelle Investoren
Zeichnung / Rücknahme	Täglich / Täglich
Zeichnung: Frist / Abwicklung	0 Handelstag / 3 Handelstage
Rücknahme: Frist / Abwicklung	0 Handelstag / 4 Handelstage
Verwaltungsgebühr	0.60%
Minimumanlage	1'000'000 EUR
Fondsgrösse (in Klassenwährung)	269.28 Millionen USD
Rechtsform	SICAV
Rechtsstatus	Offener Investmentfonds
Dividendenauschüttung	Kapitalisiert
Benchmark	ICE BAML Global HY Index USD Hedged
TER 31.12.2020	0.79%
|  | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fund 2023 | 9.69 | 3.07 | 0.20 | 1.37 | -1.62 | 1.30 | 0.45 |  |  |  |  |  | 14.94 |
| Benchmark | 7.59 | 1.47 | 0.76 | 1.17 | -1.58 | 0.42 | 1.44 |  |  |  |  |  | 11.57 |
| Fund 2022 | -6.73 | -5.32 | 1.44 | -3.47 | -4.78 | -7.62 | 5.69 | -5.76 | -10.39 | 4.60 | 5.75 | -2.30 | -26.63 |
| Benchmark | -7.50 | -4.01 | 1.19 | -3.51 | -3.80 | -7.81 | 7.21 | -5.43 | -9.17 | 4.07 | 4.69 | -1.50 | -24.02 |
| Fund 2021 | 1.38 | 2.58 | 5.59 | 0.73 | 4.52 | 1.79 | 0.93 | 1.53 | -5.43 | 1.38 | -3.23 | 7.10 | 19.82 |
| Benchmark | 0.25 | 2.12 | 6.36 | 0.82 | 4.42 | 2.92 | 2.30 | 2.49 | -5.00 | 2.12 | -3.30 | 5.30 | 22.19 |
| Fund 2020 | -0.81 | -8.16 | -12.03 | 6.87 | 6.60 | 2.91 | 1.45 | 5.51 | 0.69 | -6.03 | 13.11 | 2.26 | 10.05 |
| Benchmark | 0.01 | -7.91 | -11.53 | 6.17 | 6.47 | 1.30 | 0.59 | 5.59 | 0.18 | -4.73 | 10.82 | 3.10 | 8.07 |
| Fund 2019 | 10.71 | 2.46 | -0.50 | 5.60 | -4.09 | 4.39 | -0.15 | -2.54 | 2.45 | 1.77 | 4.82 | 1.59 | 28.94 |
| Benchmark | 9.16 | 2.46 | 0.97 | 6.16 | -3.94 | 4.21 | 0.44 | -1.62 | 2.20 | 1.05 | 4.51 | 1.90 | 30.42 |
| Fund 2018 | 2.23 | -4.33 | -1.05 | 3.50 | 0.77 | 0.19 | 3.08 | 0.19 | -0.62 | -9.44 | -5.44 | -7.37 | -17.67 |
| Benchmark | 2.21 | -3.20 | -1.77 | 3.73 | 0.05 | 0.32 | 1.83 | 0.72 | -2.36 | -7.16 | -5.71 | -6.68 | -17.23 |

Translation (ENDE, 2023-07-31):
|  | Jan | Feb | Mär | Apr | Mai | Jun | Jul | Aug | Sept | Okt | Nov | Dez | Jahr |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fonds 2023 | 9.69 | 3.07 | 0.20 | 1.37 | -1.62 | 1.30 | 0.45 |  |  |  |  |  | 14.94 |
| Benchmark | 7.59 | 1.47 | 0.76 | 1.17 | -1.58 | 0.42 | 1.44 |  |  |  |  |  | 11.57 |
| Fonds 2022 | -6.73 | -5.32 | 1.44 | -3.47 | -4.78 | -7.62 | 5.69 | -5.76 | -10.39 | 4.60 | 5.75 | -2.30 | -26.63 |
| Benchmark | -7.50 | -4.01 | 1.19 | -3.51 | -3.80 | -7.81 | 7.21 | -5.43 | -9.17 | 4.07 | 4.69 | -1.50 | -24.02 |
| Fonds 2021 | 1.38 | 2.58 | 5.59 | 0.73 | 4.52 | 1.79 | 0.93 | 1.53 | -5.43 | 1.38 | -3.23 | 7.10 | 19.82 |
| Benchmark | 0.25 | 2.12 | 6.36 | 0.82 | 4.42 | 2.92 | 2.30 | 2.49 | -5.00 | 2.12 | -3.30 | 5.30 | 22.19 |
| Fonds 2020 | -0.81 | -8.16 | -12.03 | 6.87 | 6.60 | 2.91 | 1.45 | 5.51 | 0.69 | -6.03 | 13.11 | 2.26 | 10.05 |
| Benchmark | 0.01 | -7.91 | -11.53 | 6.17 | 6.47 | 1.30 | 0.59 | 5.59 | 0.18 | -4.73 | 10.82 | 3.10 | 8.07 |
| Fonds 2019 | 10.71 | 2.46 | -0.50 | 5.60 | -4.09 | 4.39 | -0.15 | -2.54 | 2.45 | 1.77 | 4.82 | 1.59 | 28.94 |
| Benchmark | 9.16 | 2.46 | 0.97 | 6.16 | -3.94 | 4.21 | 0.44 | -1.62 | 2.20 | 1.05 | 4.51 | 1.90 | 30.42 |
| Fonds 2018 | 2.23 | -4.33 | -1.05 | 3.50 | 0.77 | 0.19 | 3.08 | 0.19 | -0.62 | -9.44 | -5.44 | -7.37 | -17.67 |
| Benchmark | 2.21 | -3.20 | -1.77 | 3.73 | 0.05 | 0.32 | 1.83 | 0.72 | -2.36 | -7.16 | -5.71 | -6.68 | -17.23 |
| Top Holdings (total 46 holdings) |  |
| --- | --- |
| Name | Weight (%) |
| Schindler Holding AG | 6.8 |
| Chocoladefabriken Lindt & Spruengli AG | 6.7 |
| Straumann Holding AG | 6.3 |
| Julius Baer Group Ltd | 6.2 |
| Temenos AG | 5.2 |
| Cembra Money Bank AG | 4.7 |
| Baloise Holding AG | 4.5 |
| VAT Group AG | 3.2 |
| Barry Callebaut AG | 3.0 |
| Tecan Group AG | 2.9 |

Translation (ENDE, 2023-07-31):
| Grösste Positionen (insgesamt 46 Titel) |  |
| --- | --- |
| Name | Gewicht (%) |
| Schindler Holding AG | 6.8 |
| Chocoladefabriken Lindt & Spruengli AG | 6.7 |
| Straumann Holding AG | 6.3 |
| Julius Baer Group Ltd | 6.2 |
| Temenos AG | 5.2 |
| Cembra Money Bank AG | 4.7 |
| Baloise Holding AG | 4.5 |
| VAT Group AG | 3.2 |
| Barry Callebaut AG | 3.0 |
| Tecan Group AG | 2.9 |
| Information per Share Class |  |
| --- | --- |
| Name | NAV | Currency | ISIN |
| Mirabaud - Equities Swiss Small and Mid A cap. CHF | 546.52 | CHF | LU0636969866 |
| Mirabaud - Equities Swiss Small and Mid D cap. CHF | 140.39 | CHF | LU1425341697 |
| Mirabaud - Equities Swiss Small and Mid D cap. GBP | 281.65 | GBP | LU1084154795 |
| Mirabaud - Equities Swiss Small and Mid D dist. CHF | 116.99 | CHF | LU1425341770 |
| Mirabaud - Equities Swiss Small and Mid I cap. CHF | 630.73 | CHF | LU0636979667 |
| Mirabaud - Equities Swiss Small and Mid I cap. EUR | 203.89 | EUR | LU1115429026 |
| Mirabaud - Equities Swiss Small and Mid I dist. CHF | 172.01 | CHF | LU1425341424 |
| Mirabaud - Equities Swiss Small and Mid N cap. CHF | 119.55 | CHF | LU1708484974 |
| Mirabaud - Equities Swiss Small and Mid N cap. EUR | 148.76 | EUR | LU1708484628 |
| Mirabaud - Equities Swiss Small and Mid N dist. CHF | 116.15 | CHF | LU1708485195 |

Translation (ENDE, 2023-07-31):
| Informationen pro Anteilsklasse |  |
| --- | --- |
| Name | NIW | Währung | ISIN |
| Mirabaud - Equities Swiss Small and Mid A cap. CHF | 546.52 | CHF | LU0636969866 |
| Mirabaud - Equities Swiss Small and Mid D cap. CHF | 140.39 | CHF | LU1425341697 |
| Mirabaud - Equities Swiss Small and Mid D cap. GBP | 281.65 | GBP | LU1084154795 |
| Mirabaud - Equities Swiss Small and Mid D dist. CHF | 116.99 | CHF | LU1425341770 |
| Mirabaud - Equities Swiss Small and Mid I cap. CHF | 630.73 | CHF | LU0636979667 |
| Mirabaud - Equities Swiss Small and Mid I cap. EUR | 203.89 | EUR | LU1115429026 |
| Mirabaud - Equities Swiss Small and Mid I dist. CHF | 172.01 | CHF | LU1425341424 |
| Mirabaud - Equities Swiss Small and Mid N cap. CHF | 119.55 | CHF | LU1708484974 |
| Mirabaud - Equities Swiss Small and Mid N cap. EUR | 148.76 | EUR | LU1708484628 |
| Mirabaud - Equities Swiss Small and Mid N dist. CHF | 116.15 | CHF | LU1708485195 |
# Investment Overview
A global fixed income strategy that invests in a combination of green bonds and issuers engaged in the energy transition. We aim to generate an attractive longer-term total return with low volatility, while maintaining a primary focus on climate impact and sustainability. Seeking a weighted average portfolio temperature of sub -2 degrees celsius and net zero by 2050, we target issuers with strong commitments to emissions reduction and carbon neutrality. The strategy invests across all regions, sectors and components of the fixed income universe.

Translation (ENDE, 2023-07-31):
# Investments – Überblick
Eine globale Festzinsstrategie, die in eine Kombination aus grünen Anleihen und Titeln von Emittenten investiert, die an der Energiewende mitwirken. Unser Ziel besteht darin, bei geringer Volatilität eine attraktive längerfristige Gesamtrendite zu erwirtschaften. Dabei legen wir einen starken Schwerpunkt auf Klimawirkung und Nachhaltigkeit. Wir streben eine gewichtete durchschnittliche Portfoliotemperatur von unter 2 Grad Celsius und Netto-Null- Emissionen bis 2050 an und zielen auf Emittenten ab, die sich klar zur Emissionsreduzierung und Klimaneutralität verpflichtet haben. Die Strategie investiert in alle Regionen, Sektoren und Komponenten des Festzinsuniversums.
|  | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fund 2023 | 3.46 | -1.83 | 0.06 | 0.54 | -0.65 | 0.27 | 1.37 |  |  |  |  |  | 3.18 |
| Benchmark | 2.30 | -1.59 | 2.22 | 0.51 | -0.39 | -0.06 | 0.03 |  |  |  |  |  | 3.00 |
| Fund 2022 | -2.20 | -2.70 | -1.30 | -3.40 | -0.82 | -4.51 | 3.41 | -2.00 | -4.93 | 0.64 | 4.45 | -0.76 | -13.63 |
| Benchmark | -1.57 | -1.33 | -2.16 | -2.69 | -0.14 | -1.52 | 2.55 | -2.61 | -3.21 | -0.34 | 2.55 | -1.18 | -11.22 |
| Fund 2021 |  |  |  |  |  | 0.03 | 0.63 | -0.07 | -0.62 | -0.28 | -0.43 | 0.52 | -0.22 |
| Benchmark |  |  |  |  |  | 0.12 | 1.24 | -0.20 | -0.94 | -0.26 | 0.71 | -0.41 | 0.25 |

Translation (ENDE, 2023-07-31):
|  | Jan | Feb | Mär | Apr | Mai | Jun | Jul | Aug | Sept | Okt | Nov | Dez | Jahr |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fonds 2023 | 3.46 | -1.83 | 0.06 | 0.54 | -0.65 | 0.27 | 1.37 |  |  |  |  |  | 3.18 |
| Benchmark | 2.30 | -1.59 | 2.22 | 0.51 | -0.39 | -0.06 | 0.03 |  |  |  |  |  | 3.00 |
| Fonds 2022 | -2.20 | -2.70 | -1.30 | -3.40 | -0.82 | -4.51 | 3.41 | -2.00 | -4.93 | 0.64 | 4.45 | -0.76 | -13.63 |
| Benchmark | -1.57 | -1.33 | -2.16 | -2.69 | -0.14 | -1.52 | 2.55 | -2.61 | -3.21 | -0.34 | 2.55 | -1.18 | -11.22 |
| Fonds 2021 |  |  |  |  |  | 0.03 | 0.63 | -0.07 | -0.62 | -0.28 | -0.43 | 0.52 | -0.22 |
| Benchmark |  |  |  |  |  | 0.12 | 1.24 | -0.20 | -0.94 | -0.26 | 0.71 | -0.41 | 0.25 |
| Information per Share Class |  |
| --- | --- |
| Name | NAV | Currency | ISIN |
| Mirabaud - Global Climate Bond Fund A cap. EUR | 84.13 | EUR | LU2351103424 |
| Mirabaud - Global Climate Bond Fund AH dist. USD | 85.46 | USD | LU2351103853 |
| Mirabaud - Global Climate Bond Fund I cap. EUR | 85.48 | EUR | LU2351104661 |
| Mirabaud - Global Climate Bond Fund IH cap. CHF | 84.06 | CHF | LU2351105478 |
| Mirabaud - Global Climate Bond Fund IH cap. GBP | 87.67 | GBP | LU2351105122 |
| Mirabaud - Global Climate Bond Fund IH cap. USD | 88.92 | USD | LU2351104828 |
| Mirabaud - Global Climate Bond Fund N cap. EUR | 85.34 | EUR | LU2351105635 |
| Mirabaud - Global Climate Bond Fund N dist. EUR | 82.12 | EUR | LU2351105718 |
| Mirabaud - Global Climate Bond Fund NH cap. CHF | 83.92 | CHF | LU2351106013 |
| Mirabaud - Global Climate Bond Fund NH cap. USD | 88.77 | USD | LU2351105809 |
| Mirabaud - Global Climate Bond Fund NH dist. USD | 86.17 | USD | LU2351105981 |
| Mirabaud - Global Climate Bond Fund S1 cap. EUR | 86.53 | EUR | LU2351106286 |
| Mirabaud - Global Climate Bond Fund S2 cap. EUR | 86.11 | EUR | LU2351106369 |

Translation (ENDE, 2023-07-31):
| Informationen pro Anteilsklasse |  |
| --- | --- |
| Name | NIW | Währung | ISIN |
| Mirabaud - Global Climate Bond Fund A cap. EUR | 84.13 | EUR | LU2351103424 |
| Mirabaud - Global Climate Bond Fund AH dist. USD | 85.46 | USD | LU2351103853 |
| Mirabaud - Global Climate Bond Fund I cap. EUR | 85.48 | EUR | LU2351104661 |
| Mirabaud - Global Climate Bond Fund IH cap. CHF | 84.06 | CHF | LU2351105478 |
| Mirabaud - Global Climate Bond Fund IH cap. GBP | 87.67 | GBP | LU2351105122 |
| Mirabaud - Global Climate Bond Fund IH cap. USD | 88.92 | USD | LU2351104828 |
| Mirabaud - Global Climate Bond Fund N cap. EUR | 85.34 | EUR | LU2351105635 |
| Mirabaud - Global Climate Bond Fund N dist. EUR | 82.12 | EUR | LU2351105718 |
| Mirabaud - Global Climate Bond Fund NH cap. CHF | 83.92 | CHF | LU2351106013 |
| Mirabaud - Global Climate Bond Fund NH cap. USD | 88.77 | USD | LU2351105809 |
| Mirabaud - Global Climate Bond Fund NH dist. USD | 86.17 | USD | LU2351105981 |
| Mirabaud - Global Climate Bond Fund S1 cap. EUR | 86.53 | EUR | LU2351106286 |
| Mirabaud - Global Climate Bond Fund S2 cap. EUR | 86.11 | EUR | LU2351106369 |
## Top Holdings (total 119 holdings)
Name	Weight (%)
BNP PARIBAS 1.675% 2027-06	1.9
AIB GROUP PLC 2.875% 2031-05	1.8
HOST HOTELS & RESORTS LP 3.5% 2030-09	1.7
BANCO BILBAO VIZCAYA ARG 6% PERP	1.7
ENGIE SA 2.125% 2032-03	1.6

Translation (ENDE, 2023-07-31):
## Grösste Positionen (insgesamt 119 Titel)
Name	Gewicht (%)
BNP PARIBAS 1.675% 2027-06	1.9
AIB GROUP PLC 2.875% 2031-05	1.8
HOST HOTELS & RESORTS LP 3.5% 2030-09	1.7
BANCO BILBAO VIZCAYA ARG 6% PERP	1.7
ENGIE SA 2.125% 2032-03	1.6
|  | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fund 2023 | 2.20 | -0.10 | 0.10 |  |  |  |  |  |  |  |  |  | 2.20 |
| Fund 2022 | -1.90 | -7.32 | -5.66 | -0.21 | 0.14 | -2.07 | 0.07 | 0.03 | -1.12 | 0.68 | 2.31 | 1.12 | -13.47 |
| Fund 2021 | 0.79 | 0.68 | -0.40 | 0.35 | 1.00 | 0.48 | -0.29 | 1.21 | -1.05 | -0.92 | -1.22 | -0.05 | 0.52 |
| Fund 2020 | 1.06 | -1.96 | -18.79 | 2.21 | 6.87 | 5.41 | 2.33 | 1.96 | -0.31 | 0.62 | 3.29 | 1.90 | 2.05 |
| Fund 2019 |  |  |  |  | -0.08 | 3.12 | 1.67 | -1.99 | 1.49 | 0.48 | -0.23 | 2.09 | 6.65 |

Translation (ENDE, 2023-03-31):
|  | Jan | Feb | Mär | Apr | Mai | Jun | Jul | Aug | Sept | Okt | Nov | Dez | Jahr |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fonds 2023 | 2.20 | -0.10 | 0.10 |  |  |  |  |  |  |  |  |  | 2.20 |
| Fonds 2022 | -1.90 | -7.32 | -5.66 | -0.21 | 0.14 | -2.07 | 0.07 | 0.03 | -1.12 | 0.68 | 2.31 | 1.12 | -13.47 |
| Fonds 2021 | 0.79 | 0.68 | -0.40 | 0.35 | 1.00 | 0.48 | -0.29 | 1.21 | -1.05 | -0.92 | -1.22 | -0.05 | 0.52 |
| Fonds 2020 | 1.06 | -1.96 | -18.79 | 2.21 | 6.87 | 5.41 | 2.33 | 1.96 | -0.31 | 0.62 | 3.29 | 1.90 | 2.05 |
| Fonds 2019 |  |  |  |  | -0.08 | 3.12 | 1.67 | -1.99 | 1.49 | 0.48 | -0.23 | 2.09 | 6.65 |
| Information per Share Class |  |
| --- | --- |
| Name | NAV | Currency | ISIN |
| Mirabaud - Emerging Market 2024 Fixed Maturity A cap. EUR | 99.83 | EUR | LU1957153783 |
| Mirabaud - Emerging Market 2024 Fixed Maturity A cap. USD | 96.75 | USD | LU1957153601 |
| Mirabaud - Emerging Market 2024 Fixed Maturity A dist. EUR | 79.69 | EUR | LU1951940508 |
| Mirabaud - Emerging Market 2024 Fixed Maturity A dist. USD | 76.93 | USD | LU1951940417 |
| Mirabaud - Emerging Market 2024 Fixed Maturity I cap. EUR | 101.74 | EUR | LU1957154088 |
| Mirabaud - Emerging Market 2024 Fixed Maturity I cap. USD | 98.63 | USD | LU1957153940 |
| Mirabaud - Emerging Market 2024 Fixed Maturity I dist. EUR | 79.76 | EUR | LU1951940847 |
| Mirabaud - Emerging Market 2024 Fixed Maturity I dist. USD | 76.97 | USD | LU1951940763 |
| Mirabaud - Emerging Market 2024 Fixed Maturity N cap. EUR | 101.41 | EUR | LU1957154328 |
| Mirabaud - Emerging Market 2024 Fixed Maturity N cap. USD | 98.34 | USD | LU1957154245 |
| Mirabaud - Emerging Market 2024 Fixed Maturity N dist. EUR | 79.72 | EUR | LU1951941142 |
| Mirabaud - Emerging Market 2024 Fixed Maturity N dist. USD | 76.96 | USD | LU1951941068 |

Translation (ENDE, 2023-03-31):
| Informationen pro Anteilsklasse |  |
| --- | --- |
| Name | NIW | Währung | ISIN |
| Mirabaud - Emerging Market 2024 Fixed Maturity A cap. EUR | 99.83 | EUR | LU1957153783 |
| Mirabaud - Emerging Market 2024 Fixed Maturity A cap. USD | 96.75 | USD | LU1957153601 |
| Mirabaud - Emerging Market 2024 Fixed Maturity A dist. EUR | 79.69 | EUR | LU1951940508 |
| Mirabaud - Emerging Market 2024 Fixed Maturity A dist. USD | 76.93 | USD | LU1951940417 |
| Mirabaud - Emerging Market 2024 Fixed Maturity I cap. EUR | 101.74 | EUR | LU1957154088 |
| Mirabaud - Emerging Market 2024 Fixed Maturity I cap. USD | 98.63 | USD | LU1957153940 |
| Mirabaud - Emerging Market 2024 Fixed Maturity I dist. EUR | 79.76 | EUR | LU1951940847 |
| Mirabaud - Emerging Market 2024 Fixed Maturity I dist. USD | 76.97 | USD | LU1951940763 |
| Mirabaud - Emerging Market 2024 Fixed Maturity N cap. EUR | 101.41 | EUR | LU1957154328 |
| Mirabaud - Emerging Market 2024 Fixed Maturity N cap. USD | 98.34 | USD | LU1957154245 |
| Mirabaud - Emerging Market 2024 Fixed Maturity N dist. EUR | 79.72 | EUR | LU1951941142 |
| Mirabaud - Emerging Market 2024 Fixed Maturity N dist. USD | 76.96 | USD | LU1951941068 |
## 12 Months Rolling Returns (%)
40
30
Effective Duration	1.09
Yield to Maturity (%)	9.52
Current Yield (%)	5.97
*Based on daily data
20
10

Translation (ENDE, 2023-03-31):
## Gleitende Rendite über 12 Monate (%)
40
30
Effektive Duration	1.09
Rendite bis Fälligkeit (%)	9.52
Aktuelle Rendite (%)	5.97
*Mit täglichen Daten berechnet
20
10
## Top Holdings (total 119 holdings)
Name	Weight (%)
COMMONWEALTH OF BAHAMAS 5.75% 2024-01	1.5
ASG FINANCE DESIGNATED 7.875% 2024-12	1.5
PUMA INTERNATIONAL FINAN 5.125% 2024-10	1.5
BANCO MERCANTIL DE NORTE 6.75% PERP	1.4
BANCO DO BRASIL (CAYMAN) 9% PERP	1.4

Translation (ENDE, 2023-03-31):
## Grösste Positionen (insgesamt 119 Titel)
Name	Gewicht (%)
COMMONWEALTH OF BAHAMAS 5.75% 2024-01	1.5
ASG FINANCE DESIGNATED 7.875% 2024-12	1.5
PUMA INTERNATIONAL FINAN 5.125% 2024-10	1.5
BANCO MERCANTIL DE NORTE 6.75% PERP	1.4
BANCO DO BRASIL (CAYMAN) 9% PERP	1.4
# Objective & Strategy
The objective of the Sub-Fund is to implement a flexible strategy that aims to generate capital appreciation over a medium term period and to out-perform its Morningstar peer group, the Morningstar EUR Flexible Allocation - Global. In order to achieve this objective, the Sub-Fund will invest in a range of asset classes including, but not limited to, equities, fixed income, currencies and alternative/commodities. These investments will be made without any specific sector, currency or country restriction.

Translation (ENDE, 2021-07-30):
# Zielsetzung und Strategie
Das Anlageziel des Teilfonds besteht darin, eine flexible Anlagestrategie umzusetzen, um mittelfristig einen stabilen Kapitalzuwachs zu generieren und seine Wettbewerber der Kategorie „EUR Flexibel Allocation - Global“ im Morningstar-Fondsranking zu übertreffen. Zur Erreichung dieses Anlageziels investiert der Teilfonds in mehrere Anlageklassen. Hierzu gehören – einschließlich, aber ohne Anspruch auf Vollständigkeit – Aktien, Anleihen, Währungen und alternative Investments/Rohstoffe. Diese Anlagen erfolgen ohne Vorgaben für besondere Sektoren, Währungen oder Länder.
NAV	115.00
Share Class Currency	EUR
Share Class Currency Hedged	No
Share Class Inception Date	05.02.2018
Registration	CH / ES / FR / UK / LU
Quotation	Daily
Domicile	Luxembourg
ISIN / Bloomberg	LU1748008478 / MIAFNCE LX
Valoren / WKN	39488922 / A2N475
Lipper ID	-
Target Clients	All Investors
Subscription / Redemption	Daily / Daily
Subscription: Notice / Settlement	1 Business Day / 4 Business Days
Redemption: Notice / Settlement	1 Business Day / 4 Business Days
Mgmt. Fee	0.60%
Minimum Investment	1 share
Fund Size (in share class ccy)	39.59 million EUR
Fund Legal Type	FCP
Legal Status	Open-ended
Dividends Distribution Policy	Capitalised
Benchmark	Mgstar Cat. Avg. Flex. Alloc. Gl. Index
TER 31.12.2020	1.24%

Translation (ENDE, 2021-07-30):
NIW	115.00
Währungsklasse	EUR
Share Class Currency Hedged	Nein
Lancierungsdatum	05.02.2018
Zulassung	CH / ES / FR / UK / LU
NIW-Berechnung	Täglich
Domizil	Luxemburg
ISIN / Bloomberg	LU1748008478 / MIAFNCE LX
Valoren / WKN	39488922 / A2N475
Lipper ID	-
Zielkunden	Alle Investoren
Zeichnung / Rücknahme	Täglich / Täglich
Zeichnung: Frist / Abwicklung	1 Handelstag / 4 Handelstage
Rücknahme: Frist / Abwicklung	1 Handelstag / 4 Handelstage
Verwaltungsgebühr	0.60%
Minimumanlage	1 Anteil
Fondsgrösse (in Klassenwährung)	39.59 Millionen EUR
Rechtsform	FCP
Rechtsstatus	Offener Investmentfonds
Dividendenauschüttung	Kapitalisiert
Benchmark	Mgstar Cat. Avg. Flex. Alloc. Gl. Index
TER 31.12.2020	1.24%
115
110
105
100
95
90
01.18
85
Return since inception (%)	15.00	11.69
Tracking Error (since inception) (%)*	3.08
Annualized Return (since inception) (%)	4.10	3.23
Annualized Volatility (since inception) (%)*	6.99	8.74
Information Ratio (since inception)*	0.28
Sharpe Ratio (since inception)*	0.65
Beta (since inception)*	0.76
Alpha (since inception) (%)*	1.53
Correlation (since inception)*	0.95
*Based on monthly data
01.19
01.20
01.21
Fund	Benchmark

Translation (ENDE, 2021-07-30):
115
110
105
100
95
90
01.18
85
Performance seit Lancierung (%)	15.00	11.69
Tracking Error (seit Lancierung) (%)*	3.08
Annualisierte Performance (seit Lancierung) (%)	4.10	3.23
Annualisierte Volatilität (seit Lancierung) (%)*	6.99	8.74
Informationsratio (seit Lancierung)*	0.28
Sharpe Ratio (seit Lancierung)*	0.65
Beta (seit Lancierung)*	0.76
Alpha (seit Lancierung) (%)*	1.53
Korrelation (seit Lancierung)*	0.95
*Mit monatlichen Daten berechnet
01.19
01.20
01.21
Fonds	Benchmark
# Investment Overview
Unconstrained UK equity all-cap strategy with high active share – we invest where we find opportunity, quality and value. The investment team looks for fresh opportunities in businesses offering scalability, optionality and low risk (with an emphasis on paying the right price). Independent risk reporting includes portfolio scenario and stress testing with ex-ante and ex-post risk guidance. Proprietary ESG scores are typically well ahead of the benchmark, with ongoing engagement efforts to drive further company improvements.

Translation (ENDE, 2023-07-31):
# Investments – Überblick
Uneingeschränkte All-Cap-Strategie mit einem hohen Active Share, die in britische Aktien investiert, bei denen wir Anlagechancen, Qualität und Wertpotenziale identifizieren. Das Investmentteam sucht nach neuen Anlagechancen in Unternehmen, die ein hohes Mass an Skalierbarkeit und Flexibilität sowie ein niedriges Risikoprofil aufweisen und deren Aktien angemessen bewertet sind. Es wird eine unabhängige Risikoberichterstattung umgesetzt, die Portfolioszenarien und Stresstests mit Ex-ante- und Ex-post-Risikohinweisen umfasst. Unsere internen ESG-Scores liegen üblicherweise deutlich über der Benchmark. Durch den aktiven Austausch und Dialog mit den Unternehmen («Engagement») unterstützen wir sie dabei, Fortschritte zu erzielen.
## Market cap
Mega Cap (>100000M)
Large Cap (10000-100000M)
Mid Cap (2000-10000M)
Small Cap (100-2000M)
Micro Cap (<100M)
Cash and Other
0.2
0.0
0.1
8.2
16.2
29.9
29.1
31.3
Fund  Benchmark
45.7
39.3
0	5	10	15	20	25	30	35	40
Weight (%)
0	10	20	30	40	50
Weight (%)

Translation (ENDE, 2023-07-31):
## Market cap
Mega Cap (>100000M)
Large Cap (10000-100000M)
Mid Cap (2000-10000M)
Small Cap (100-2000M)
Micro Cap (<100M)
Liquidität und andere
0.2
0.0
0.1
8.2
16.2
29.9
29.1
31.3
Fonds  Benchmark
45.7
39.3
0	5	10	15	20	25	30	35	40
Gewicht (%)
0	10	20	30	40	50
Gewicht (%)
# Investment Overview
A concentrated global equity strategy that seeks out leading companies with strong cashflows that deliver sustainable yield and dividend growth. We believe strong management and a focus on sustainability allows companies to capitalise on their opportunity set. Themes are an important driver for success and can support a company's potential in a low-growth cycle. By following a multi-thematic approach, we can adapt to a changing environment and increase diversification. Managing risk is a priority and we target stronger risk-adjusted returns compared to the benchmark and the Global Equity Income sector.

Translation (ENDE, 2023-04-28):
# Investments – Überblick
Eine konzentrierte globale Aktienstrategie, die nach führenden Unternehmen sucht, die starke Cashflows, nachhaltige Renditen und steigende Dividenden generieren. Wir sind überzeugt, dass Unternehmen mit einem starken Management und einem Fokus auf Nachhaltigkeit besser in der Lage sind, ihre Geschäftspotenziale auszuschöpfen. Themen sind wichtige Triebfedern für den Unternehmenserfolg – insbesondere in wachstumsschwächeren Phasen des Konjunkturzyklus. Mit unserem multithematischen Ansatz können wir uns an ein sich veränderndes Umfeld anpassen und das Portfolio stärker diversifizieren. Wir legen einen hohen Wert auf das Risikomanagement. Unser Ziel besteht darin, höhere risikobereinigte Renditen zu generieren als die Benchmark und das Global Equity Income-Universum.