AAA Global Balanced Allocation ETF | OBAA

ODDO BHF Global Balanced Allocation Active UCITS ETF – Acc AAA

Access a globally diversified portfolio in a single ETF to navigate shifting economic environments.

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Case for the Active Global Balanced Allocation ETF

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Global diversification

Access a globally diversified portfolio across all equities, bonds, and commodities in a single ETF.

Dynamic multi-asset strategy

Benefit from macro-driven allocation with full flexibility to adapt to different market regimes.

Cost efficiency

Enjoy a cost-effective, actively managed multi-asset solution aiming to achieve long term capital growth.

Case for the Active Global Balanced Allocation

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Global diversification

Investing in a globally diversified strategy can help spread risk and tap into opportunities across regions, sectors, and investment styles – rather than relying on a single market or theme.

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Active and adaptable

Using an active approach guided by economic trends may help investors stay better positioned through changing market conditions – with the flexibility to shift focus as opportunities arise.

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Long-term growth with cost awareness

A thoughtfully managed strategy can aim for steady, long-term growth while remaining cost-efficient.

Investment Strategy

The ETF seeks to achieve long-term capital growth by investing indirectly in a broad mix of asset classes via UCITS ETFs and ETCs. The ETF dynamically allocates across all asset classes including equities, fixed income, and commodities, driven by a comprehensive top-down analysis of the global macroeconomic and microeconomic landscape.

The investment process integrates quantitative models, fundamental insights, and market flow dynamics to ensure timely and effective positioning. The strategy is sector- and style-neutral, enabling full adaptability across market cycles. It also involves rigorous due diligence of all underlying ETFs and their providers to ensure transparency and reliability.

This flexible, diversified ETF solution is designed for long-term private and institutional investors seeking cost-efficient exposure to balanced multi-asset investing.

Meet the Management Team

Matthieu Barriere, CFA | Deputy Head of Asset Allocation

Matthieu Barriere has been with ODDO BHF AM since 2007, starting out as a quantitative analyst before moving into to the position of portfolio manager in 2011, in charge of asset allocation funds dedicated to institutional clients. In 2021 he was appointed Deputy Head of Asset Allocation. He is a graduate of ENSAE in Paris and is qualified as a Chartered Financial Analyst.

Arthur Tondoux, CFA | Portfolio Manager – Analyst

Arthur Tondoux has been a portfolio manager in the asset allocation team at ODDO BHF AM since 2016. Prior to that, he worked in the Inspection department of the ODDO BHF group. He holds a Master of Engineering from Télécom SudParis and a Master of Science from HEC Paris and is additionally qualified as a Chartered Financial Analyst.

As of 08.10.2026

Fund Overview

ODDO BHF Global Balanced Allocation Active UCITS ETF AAA (OBAA) offers a diversified, multi-asset solution through a flexible, actively managed allocation to ETFs and ETCs. The strategy covers global equities, fixed income, and commodities, following a top-down investment approach that responds to changing economic environments. Supported by in-depth macroeconomic analysis and robust quantitative models, the fund remains style-agnostic.

Investors benefit from ODDO BHF AM’s 30+ years of asset allocation expertise within a cost-efficient ETF structure, ideal for long-term portfolio core building. The Global Balanced Allocation Active ETF is actively managed by the expert team at ODDO BHF AM.

Key Information

Share Class Inception Date02/07/2026
Fund Base CurrencyEUR
Share Class CurrencyEUR
Net assets of Share Class€200,411
Net assets of Fund€11,006,363
TER110 bps
Investment StyleActive
DomicileIreland
SFDR ClassificationArticle 6
ISINIE000UXI85C0

Key risks

When you invest in ETFs your capital is fully at risk and may not get back the amount originally invested. Exchange rates can have a positive or negative effect on returns. The value of equities and equity-related securities can be affected by daily stock and currency market movements. For a complete overview of all the risks, please refer to the “Risk Factors” in the Prospectus.

Fund Information

TickerOBAA
Asset ClassFund of Funds
Income TreatmentAccumulating
Investment StyleActive

Net Asset Values

NAV€10.02
Net assets of Fund€11,006,363
Shares Outstanding20,000
Net assets of share class€200,411
Issuer AUM$5,646,413,145

Fund Structure

UCITS CompliantYes
UCITS EligibleYes
ISA EligibleNo
SIPP EligibleNo
UK Fund Reporting StatusNo

Key service providers

CustodianJ.P. Morgan SE - Dublin Branch
Portfolio ManagerODDO BHF AM SAS
IssuerHANetf ICAV

Registrations

france Flag France
germany Flag Germany
ireland Flag Ireland

Listings & Codes

ExchangeTickerRICSEDOLCCYListing Date
Euronext ParisOBAA FPOBAA.FPBTZCT51€2026-07-03
Exchange Euronext Paris
Ticker OBAA FP
RIC OBAA.FP
SEDOL BTZCT51
CCY €
Listing Date 2026-07-03

Performance

There is currently insufficient data to display the performance history.

Holdings As of 08.10.2026

No. of holdings: 27

NameWeight
ISHARES S&P 500 SWAP16.04%
SS SPDR S&P 500 UCITS ETF12.31%
AMUNDI CORE EURO7.80%
ISHARES USD TREASURY BOND7.67%
CASH6.34%
ISHARES US AGGREGATE BOND5.52%
ISHARES USD TREASURY BOND3.95%
ISHARES MSCI EM UCITS ETF3.73%
AMUNDI EURO STOXX 503.64%
AMUNDI EURO GOVERNMENT3.55%

SectorWeight
Funds95.67%
Other6.34%

Fund Documents

Knowledge hub

Explore our expert-written monthly fund reports, periodic reviews, and key insights.

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About Investment Manager

With €63bn assets under management as of December 31, 2024, and four investment centres based in Paris, Düsseldorf, Frankfurt, and Luxembourg, ODDO BHF AM is a leading asset manager in Europe and part of the Franco-German financial group ODDO BHF that was founded in 1849. It comprises ODDO BHF AM GmbH in Germany, ODDO BHF AM SAS in France, and ODDO BHF AM Lux in Luxembourg.

ODDO BHF AM offers investment solutions in equities, fixed income, asset allocation, private equity and private debt to institutional clients and distribution partners. ODDO BHF AM’s investment style is characterised by an active and long-term investment approach with the aim to create long-term and sustainable value for its customers.

www.am.oddo-bhf.com

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