LUXFUNDS-CASH US-DOLLARS
Investment Objective and Policy
The objective of the sub-fund is to offer returns comparable to those of the money market or to preserve the value of the investment by investing mainly in money market instruments denominated in US dollars, such as treasury bills or treasury certificates and/or short-term bonds denominated in euros.
The sub-fund invests its assets mainly in money market instruments denominated in US dollars, such as treasury bills or treasury certificates and/or short-term bonds denominated in US dollars. The portfolio is actively managed on a discretionary basis without reference to a benchmark.
Risk indicator
Risk scale from 1 (Low risk) to 7 (High risk). The current value is 1.
We have classified this product as 1 out of 7, which is the lowest risk class.
Risks not included in the risk indicator: Liquidity risk, Counterparty risk, Operational risk.
Key Figures
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Total assets of the subfund30.185.189 USD
Price Evolution
Past performance is not indicative of future results.
Risk factors
The sub-fund is characterized by the almost complete absence of volatility in the investments, which helps secure the invested capital, even in the short term, in exchange for a low potential for long-term appreciation of the net asset value (NAV) per share. Any investor whose reference currency is not the US dollar bears a currency risk, as the investments are exclusively denominated in USD. Since the sub-fund can invest a minority portion in emerging markets, investment in the sub-fund may carry a higher degree of risk due to the political and economic situation in emerging markets, which may affect the value of investments.
Technical characteristics
| Label | Value |
|---|---|
| Fund Type | SICAV Cash Funds |
| Launch date | 16.07.1990 |
| Reference currency | USD |
| Stock Type |
CAP. (classe M) |
| Retenue LU | Yes |
| Retenue UE | Yes |
| Calculation of the NAV |
Daily
For every subscription today (day D) before noon (Luxembourg time), the NAV applicable will be the NAV dated today (D), which will be calculated and published the next day (day D+1), except for Sundays and holidays.
|
| ISIN Code (cap) USD | LU1679513504 (classe M) |
| Bloomberg Code |
LXCHUSM (CAP) |
| Cut-off time | 12:00 (GMT+1) |
SFDR information
The sub-fund does not take environmental or social criteria into account.
Fees
| Label | Value |
|---|---|
| Entry fee (max) | 0,10 % |
| Exit fee (max) | 0,00 % |
Ongoing costs taken each year
| Label | Value |
|---|---|
| Management fees and other administrative or operating costs | 0,60 % |
| Transaction costs | 0,30 % |
| Performance fees | There is no performance fee for this product. |
Detailed Informations about the fees and charges are in our publication concerning the main banking fees available at www.spuerkeess.lu and in our branches.
Average annual performance*
| Label | Value |
|---|---|
| Year to date (01.01.1970) | n/a |
| over 1 year (01.01.1970) | n/a |
| over 3 years (01.01.1970) | n/a |
| over 5 years (01.01.1970) | n/a |
| over 10 years (01.01.1970) | n/a |
| since creation (01.01.1970) | n/a |
Allocation
Investment allocation
- Bonds : 88,52 %
- Cash : 11,48 %
Geographical breakdown of the fixed income investments
- United States of America : 87,00 %
- Supranational : 7,68 %
- Germany : 5,32 %
Breakdown of the fixed income investment
- Governemental : 87,00 %
- Corporate : 13,00 %
Maturity structure (Direct lines)
- 0-3m : 66,95 %
- 3-6m : 26,36 %
- 6-9m : 6,69 %
Primary Investments
Fixed Income Performance Metrics
| Bonds | % | Infos |
|---|---|---|
| Yield to Maturity | 3,65 | |
| Duration | 0,20 |
Top bond investments
| Bonds | % | Infos |
|---|---|---|
| US 0% T-Bills 25/13.01.26 | 7,81 % | Govies |
| US 0% T-Bills 24/28.11.25 | 6,28 % | Govies |
| US 0% T-Bills 25/22.01.26 | 6,24 % | Govies |
| US 0% T-Bills 25/16.04.26 | 6,19 % | Govies |
| US 0% T-Bills 25/15.01.26 | 5,73 % | Govies |
Taxation
Important Note
Please note that the above subfund may only be distributed in Luxembourg. Shares of funds of our lux|funds range may not be sold to US Persons.
Any subscription must be done on the basis of the fund's prospectus in effect at the time of subscription and the KID ("Key Information Document"), accompanied by the latest annual report or, if more recent, the latest interim report.
For every subscription today (day D) before noon (Luxembourg time), the NAV applicable will be the NAV dated today (D), which will be calculated and published the next day (day D+1), except for Sundays and holidays. Regarding fund of funds, the applicable NAV will be the one dated J+2, calculated and published the day after (J+3), except on Sundays and public holidays.
The indicated historical performance levels are not a guarantee of similar growth in value in the future. Losses of value cannot be ruled out, and Spuerkeess may not be held liable for them. The actuarial yield represents the yield obtained when a bond portfolio is held to maturity.
The level of risk is determined on the basis of the historical performance of the last five years and should not be considered a reliable indicator of the future risk profile of the compartment. It represents the risk of fluctuations in the net asset value per share and may change over time. Level 1 represents the lowest risk, and level 7 represents the highest risk. The higher the risk, the longer the recommended investment period. For details on the risks involved, please consult the KID.
The entry and exit charges are those indicated in the prospectus. The actual applicable charges are in our publication concerning the main banking fees available at www.spuerkeess.lu and in our branches.
Tax information about the fund is available at www.luxfunds.lu and at Spuerkeess branches. It is recommended that investors consult their own legal and tax advisers before investing in the fund.
This document is provided solely for information purposes and cannot be considered legal, tax, or investment advice.