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U ASSET ALLOCATION - Calm Sea EUR AC EUR

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Performance

U ASSET ALLOCATION - Calm Sea EUR AC EUR
NAV - Net Asset Value
Date
Data source : UBP SA
Historical performance MTD YTD 1 year 3 years 5 years Since launch
Historical performance 2.91% 2.91% -7.23% -3.78%
12 months rolling 01.22 - 01.23        
12 months rolling -7.23%
Disclaimer

Performance under 1 year is shown cumulated. Performance over 1 year is shown annualised.

Past performance is not indicative of present and/or future results. Price and availability are subject to change without notice. The value of investments may go up or down and investors may not get back the amount invested. Changes in foreign exchange rates may also cause the value of investments to fluctuate.

Library

LEGAL DOCUMENT
Title Updated English German
Annual report 31.12.2021 PDF
KID PRIIPS 01.01.2023 PDF
Prospectus 25.02.2022 PDF
Semi-annual report 30.06.2022 PDF
Status - Articles of Association 05.12.2019 PDF

Registration

ATAustria
BEBelgium
CHSwitzerland
DEGermany
DKDenmark
ESSpain
FIFinland
FRFrance
GBUnited Kingdom
IEIreland
ILIsrael
ISIceland
ITItaly
KRSouth Korea
LULuxembourg
NLNetherlands
NONorway
PTPortugal
SESweden
SGSingapore
TWTaiwan
ZASouth Africa
ATAustria
BEBelgium
CHSwitzerland
DEGermany
DKDenmark
ESSpain
FIFinland
FRFrance
GBUnited Kingdom
IEIreland
ILIsrael
ISIceland
ITItaly
KRSouth Korea
LULuxembourg
NLNetherlands
NONorway
PTPortugal
SESweden
SGSingapore
TWTaiwan
ZASouth Africa

Italy: I shares are only notified to the CONSOB.

Singapore: Sub-funds registered with the MAS (Monetary Authority of Singapore) can only be offered to “accredited investors”.


Fiscal information

Titre Statut
End of fiscal year 31 December
UK RFS Yes Reportable Income
German transparency Yes Investor Report
Austrian transparency Yes
Italian reporting Yes
Switzerland RNI Yes

Sustainability-related disclosure

 

Summary

This Sub-Fund, denominated in EUR, invests across asset classes and instruments (equities, bonds, funds) to generate moderate capital appreciation across the investment horizon of 3 to 5 years and provide stability of the value and high asset liquidity while respecting the principle of diversifying investment risks.

It promotes environmental (E) and social (S) characteristics but does not have as its objective sustainable investment. However, it will have a minimum proportion of 1% of sustainable investments.

The E and S characteristics are measured relative to those of the MSCI World Index, and include:

·         a lower weighted average carbon intensity

·         a greater respect of international norms as measured by compliance with the UN Global Compact.

The index is not aligned with the environmental and social characteristics promoted by this Sub-Fund.

This Sub-Fund invests part of its assets in sustainable investments whose objectives may include

·         environmental objectives such as, but not limited to, climate change mitigation through resource efficiency: for example, through investments in companies with revenues from products or services that help reduce the consumption of energy, raw materials, and other resources

and

·         social objectives such as, but not limited to, major disease treatment: for example, through investments in companies with revenues from products for the treatment or diagnosis of major diseases of the world.

To ensure sustainable investments that this Sub-Fund intends to make do not cause significant harm, the Investment Manager assesses whether these companies do no harm through an internally designed methodology which covers principal adverse impact, controversies, misalignment with SDGs and ESG/governance quality.

The ESG approach starts with the filtering of the investment universe, which includes norm-based screening and the exclusion of some controversial activities as well as of issuers with the worst ESG practices.

It is followed by the integration of ESG considerations and positive screening thanks to a holistic analysis of individual company holdings’ environmental and social practices, where particular attention is put on issuers’ greenhouse gas (GHG) emissions, climate strategy and climate opportunities. For underlying funds, at least 50% of the portfolios’ fund holdings, aim to be invested into “SFDR article 8” and/or “SFDR article 9” funds.

Assessing Governance is integrated in the Investment Manager's ESG analysis for individual company holdings of issuers and equities. Through this analysis, the Investment Manager seeks to select individual company holdings of issuers and equities with good governance practices, while avoiding individual company holdings with the worst practices or those involved in controversies.

ESG analysis should cover at least 70% of this Sub-Fund’s investments excluding cash. (As an exception to this rule, up to 30% excluding cash can be invested into instruments without an MSCI ESG rating, such as for example Alternative Investments.)

The Investment Manager takes into consideration and seeks to minimize the following potential principal adverse impacts of its investments: 1) GHG Intensity of Investee Companies, 2) Violations of UN Global Compact principles and Organisation for Economic Cooperation and Development (OECD) Guidelines for Multinational Enterprises and 3) Exposure to Controversial Weapons.

This Sub-Fund intends to have a minimum of 70% of its assets (excluding cash) aligned with the environmental and social characteristics promoted, including a minimum of 1% in environmentally and/or socially sustainable investments.

The binding criteria used to attain each of the environmental and/or social characteristics promoted by the Sub-Fund are integrated in control systems, to ensure pre- and post‑trade checks. Compliance is monitored by the Risk department on an ongoing basis.

The Investment Manager may use data reported directly by issuers or sourced from third-party data providers such as MSCI ESG Research or Sustainalytics. The service and data quality provided by third-party ESG data providers are reviewed regularly.

Depending on the metric considered, some data may be estimated by data providers. Although the Investment Manager applies a thorough selection process of third-party providers, their processes and proprietary ESG methodology may be flawed. As a result, there is a risk of incorrectly assessing an issuer, resulting in an inappropriate capture of ESG risks and potential incorrect inclusion or exclusion in the product. This is expected to have limited impact on the overall environmental and/or social characteristics promoted by the product.

The investment due diligence process ensures that the investment decisions comply with the objectives and the investment strategy of the Sub-Fund. The consideration of sustainability-related risks is integrated into the investment decision-making process to ensure better-informed investment decisions as well as awareness of the risk exposure. The first level of due diligence is conducted by the Investment Manager, while the second level is conducted by the Risk department.

The investment manager does not currently engage with investee issuers.

The Investment Manager exercises its voting rights, in line with the voting policy which follows sustainability principles.

No reference benchmark has been designated for the purpose of attaining the environmental or social characteristics promoted by this Sub-Fund.

For more information, please see the fund’s Sustainability-related disclosures.

  • ISIN code
  • LU2262131472
  • Data as at
  • 30.01.2023
  • Latest NAV
  • 92.58 EUR
  • Fund's AUM
  • 177.62M EUR

Fund data

  • Fund name U ASSET ALLOCATION
  • Legal structure SICAV
  • Jurisdiction Luxembourg

Sub-fund data

  • Base currency EUR
  • Asset class Asset Allocation
  • Geographical bias Global
  • Inception date 12.01.2021
  • SFDR classification 8

Share class data

  • Description AC EUR
  • Launch date 27.01.2021
  • Dividend type Capitalisation
  • Minimun initial investment 10'000 USD or eq
  • Subscription Daily
  • Redemption Daily
  • Management fee 1.25%
  • Performance fee No
  • Performance fee rate N/A
  • Last dividend N/A

Identifiers

  • Bloomberg UBCSACE LX
  • Telekurs 58454925
  • Reuters N/A
  • WKN N/A
  • SEDOL N/A
  • Morningstar N/A
  • Financial Express N/A

Manager(s)

    Jason Ulrich / Mathieu Ullmann