LUXEMBOURG SELECTION FUND - Active Solar Anteilsklasse I USD
LU2247605152
LUXEMBOURG SELECTION FUND - Active Solar Anteilsklasse I USD/ LU2247605152 /
NAV9/12/2024 |
Chg.-0.3100 |
Type of yield |
Investment Focus |
Investment company |
57.3500USD |
-0.54% |
reinvestment |
Equity
Worldwide
|
UBS TPM. Co. ▶ |
Investment strategy
The Sub-Fund's investment objective is to achieve long-term capital growth. The Sub-Fund aims to achieve this by investing at least two-thirds of assets in shares of companies which are primarily active in the solar sector. The Sub-Fund has a sustainable environmental objective of Climate Change Mitigation. The Sub-Fund aims to invest in the best companies within the solar sector based on a detailed fundamental analysis and on the exclusion of companies with material ESG risk in respect to the indicators detailed in the prospectus.
On implementation of the fund strategy, investment managers do not limit themselves to one individual technology or a single market, but rather seek to identify the leaders in each segment and each step of the Solar PV value chain. In order to reach the net zero carbon emission objective, greenhouse gas emissions of investee companies will be measured and will need to decrease over time to reach net zero by 2040. The sub-fund uses securities financing transactions in the form of securities lending for efficient portfolio management purposes. The Sub-Fund is actively managed. In order to calculate the performance fee, the Sub-Fund compares its performance to the benchmark MSCI WORLD NET TOTAL RETURN USD INDEX. The performance fee will be paid regardless of whether the reference benchmark index itself has positive or negative performance.
Investment goal
The Sub-Fund's investment objective is to achieve long-term capital growth. The Sub-Fund aims to achieve this by investing at least two-thirds of assets in shares of companies which are primarily active in the solar sector. The Sub-Fund has a sustainable environmental objective of Climate Change Mitigation. The Sub-Fund aims to invest in the best companies within the solar sector based on a detailed fundamental analysis and on the exclusion of companies with material ESG risk in respect to the indicators detailed in the prospectus.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Equity |
Region: |
Worldwide |
Branch: |
Sector Energy |
Benchmark: |
MSCI WORLD NET TOTAL RETURN USD INDEX |
Business year start: |
5/1 |
Last Distribution: |
- |
Depository bank: |
UBS Europe SE, Luxembourg Branch |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Switzerland, Luxembourg |
Fund manager: |
Active Niche Funds SA, Switzerland |
Fund volume: |
144.22 mill.
USD
|
Launch date: |
11/10/2020 |
Investment focus: |
- |
Conditions
Issue surcharge: |
2.00% |
Max. Administration Fee: |
0.90% |
Minimum investment: |
2,000,000.00 USD |
Deposit fees: |
0.10% |
Redemption charge: |
0.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
UBS TPM. Co. |
Address: |
- |
Country: |
- |
Internet: |
-
|
Assets
Stocks |
|
96.05% |
Cash |
|
3.46% |
Others |
|
0.49% |
Countries
United States of America |
|
48.18% |
China |
|
17.07% |
Germany |
|
10.15% |
France |
|
4.58% |
Spain |
|
4.27% |
Norway |
|
4.19% |
Cash |
|
3.46% |
Cayman Islands |
|
2.78% |
Canada |
|
2.59% |
Israel |
|
2.25% |
Others |
|
0.48% |
Branches
Semiconductor Devices & Products |
|
28.10% |
Electric components |
|
22.83% |
Versorger/ erneuerbare Energie |
|
22.16% |
Semiconductors |
|
18.29% |
Mortgage loans |
|
4.69% |
Cash |
|
3.46% |
Others |
|
0.47% |