Union Investment Emerging Markets Equities MinRisk
Union Investment Emerging Markets Equities MinRisk is an active equity fund from Union Investment, ISIN LU0612194984.
Active
Equity
Global
Fund size (GBP) £347.5M
The fund is actively managed under the quantitative MinRisk strategy pursued by Quoniam Asset Management GmbH. Its investment objective is to achieve volatility levels that are much lower than the market as a whole. Securities are selected as part of a quantitative approach that includes active risk management. Forecasts are based on fundamental, profit-related and technical factors and reflect their past performance. The minimum-variance strategy adopted by Quoniam is used to optimise the portfolio.
How the fund has returned, and where it ranks among peers. Returns to Sep 2026 end, GBP net total return.
+23.6%Q4
1 year return
+66.0%Q3
3 year return
+74.9%Q1
5 year return
Chart type
Compare with
Show
Daily NAV, percent change from the start of the range. Source: FE fundinfo.
1 month+2.1%
3 months+2.0%
Volatility, 3 years13.9%
Ongoing charge (OCF)
Fund size (GBP)£347.5M
What the fund holds
Where the money is: sectors, countries and largest holdings. As supplied by FE fundinfo, last updated 17 Oct 2026. Swipe or use the arrows for more panels.
By sector
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 17 Oct 2026.
Information Technology36.5%
Financials21.8%
Telecommunications9.9%
See all sectorsA free account shows the full list.
By country
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 17 Oct 2026.
Taiwan27.7%
Republic of Korea17.0%
China16.2%
See all countriesA free account shows the full list.
By asset class
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 17 Oct 2026.
Taiwanese Equities27.7%
South Korean Equities17.0%
Chinese Equities16.2%
See all asset classesA free account shows the full list.
Largest holdings
The biggest positions, and how concentrated the fund is. As supplied by FE fundinfo, last updated 17 Oct 2026.
1. TAIWAN SEMICONDUCTOR CO7.9%
2. SAMSUNG ELECTRONICS CO., LTD5.7%
3. TENCENT HLDGS LIMITED2.9%
4. ALIBABA GROUP HLDG LTD1.8%
5. SK HYNIX INC.1.7%
See all holdingsA free account shows the full list.
Macro events and this fund
Recent events linked to this fund by its country and sector exposure, and how it moved after. A measured move, not a cause.
Performance, risk and facts
Judge return, risk and cost before a client conversation. Relative return uses the chart's time range. Facts as reported by the manager.
Against its benchmark
How the fund compares with its benchmark over the same period.
Risk
How bumpy the ride has been, plus the regulatory risk rating.
Volatility, 3 years13.9%
Scale 0 to 40%
Sharpe ratio, 3 years (FE)1.14
Scale −1 to 3
Largest fall from a peak (maximum drawdown), 3 years
−11.6%
Alpha, 3 years (FE)
1.02
Beta, 3 years (FE)
0.92
Volatility and maximum drawdown: calculated by Funds Benchmark, as at 30 Sep 2026.
Sharpe, alpha, beta: FE fundinfo, as at 7 Jul 2026.
Regulatory risk rating (SRRI)5 of 7
Fund facts
Legal and cost facts for a client note. As reported by the manager.
ISIN
LU0612194984
Fund manager
Union Investment Luxembourg S.A.
Management company
DZ Bank AG Deutsche Zentral-Genossenschaftsbank|DZ Privatbank S.A.|Union Investment Luxembourg S.A.|Volksbank Wien AG
Depositary
Union Investment Luxembourg S.A.
Benchmark
MSCI EM
Ongoing charge
Share class launch date
31 Mar 2011
Domicile
LU
Fund type
open-ended fund
SRRI
5 of 7
What a sum would have become
What an amount would have grown to over the period.
n/a
Past performance is not a reliable guide to future returns. Capital is at risk. Source: FE fundinfo. Returns are GBP net total return to month end unless stated. Headline returns to Sep 2026. Fund size is shown in GBP.
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