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UBS (Lux) Money Market Fund - USD (CAD hedged) P-acc
ISIN no.:  LU1397021822
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Overview  
Category profile
UBS Money Market Funds are money market funds designed to provide investors with an attractive investment option for longer term cash holdings. Through a single fund investment, they provide investors access to a high quality, diversified portfolio of money market instruments with flexibility to subscribe and redeem daily with T+2 or T+3 settlement. They are available in a range of currencies and are suitable for cash holdings where the focus is on longer term investment and less on day to day cash management requirements. Specialist portfolio managers aim to add value through active management, emphasising high quality, liquid portfolios.

Fund description
Diversified, high quality portfolio of money market instruments, denominated in the fund's currency with no cross currency exposure anticipated (fully hedged if required).
Principal investment objective to generate long-term performance consistent with prevailing market indices for money market instruments denominated in the fund's currency.
Classified as 'Money Market Fund' by the common European money market fund definition.
Portfolio's average residual term to maturity may not exceed one year.
The exchange rate risk between USD and CAD is largely hedged.

Key benefits
Conservatively positioned with an investment objective to preserve invested capital.
Well diversified portfolio of high quality money market instruments.
Actively managed by experienced specialists, supported by in-house credit researchers.
Low NAV volatility (variable NAV).
Daily subscriptions and redemptions.
Competitive money market yields.
Benefiting from UBS's money market purchasing power.

Risks
The funds invest in money market instruments and may therefore be subject to volatility. For funds following the mark-to-market approach the value of a unit may fall below the purchase price. Changes in interest rates have an effect on the value of the portfolio. The funds might use derivatives which can reduce investor risks or give rise to market risks as well as potential loss due to failure of counterparty. High-grade investment instruments are usually subject to a low credit risk (i.e. potential loss due to failure of issuer). Every fund reveals specific risks. These aspects require corresponding risk tolerance and capacity.

Product features
Product type
Open end
Product category
UBS Money Market Funds
UBS Money Market Funds
Product domicile
Luxembourg
Portfolio management
UBS Asset Management, Zürich
Fund management
UBS Fund Management (Luxembourg) S.A.
Custodian bank
UBS Europe SE, Luxembourg Branch
Day of inception
July 5, 2016
Currency of account
CAD
Close of financial year
October 31
Issue / redemption
daily
Distribution
Reinvestment
Maximum management fee
0.58% p.a.
Current management fee
0.55% p.a.
Total expense ratio (TER)
0.42% p.a.

Current data
Net asset value
CAD1,004.93
19/10/2017
High - last 12 months
CAD1,004.97
17/10/2017
Low - last 12 months
CAD1,001.18
25/10/2016
Assets of the unit class in mn
CAD86.99
19/10/2017
Total product assets in mn
CAD4,753.15
19/10/2017
Theoretical yield to maturity (net)
-0.26% 1)
29/09/2017
Average remaining maturity
76.95 days
29/09/2017
1)  The quoted yield of the hedged shareclass is based on a hedging snapshot taken at the end of the month. FX developments can and will vary significantly day by day.

Symbols
ISIN no.
LU1397021822
Bloomberg Ticker
UBMMPAC LX

 
Performance chart (CAD-based, as of October 19, 2017)
Indexed, Month-end values
Performance chart (CAD-based, as of October 19, 2017)


Performance (in %, as of October 19, 2017)
in %
1
year
3
years
5
years
since
05/07/2016
CAD
0.40
-
-
0.49
EUR
-2.98
-
-
-2.09
These figures refer to the past. Past performance is not a reliable indicator of future results. The performance shown does not take account of any commissions and costs charged when subscribing to and redeeming units.

By maturity in months (in %, as of September 29, 2017)
Chart

By Credit rating (in %, as of September 29, 2017)
Chart

By investment domicile (in %, as of September 29, 2017)
Chart

Top Ten holdings with maturity > 7 days (in %, as of September 29, 2017)
AGENCE CENTRALE ORG SS REG-S ECP 0% 30/11/2017
3.41
DGZ-DEKABANK DTE KOMMUNALBK ECP 0% 23/10/2017
3.28
KBC BANK NV ECD 0% 02/11/2017
3.20
ALLIANZ SE-REG-S ECP 0% 20/11/2017
3.09
CREDIT AGRICOLE CIB LONDON ECP 0% 01/11/2017
2.81
CAISSE DS DEPOTS ET CON-REG-S ECP 0% 25/09/2018
2.77
DZ PRIVATBANK SA-REG-S ECP 0% 08/11/2017
2.62
UOB AUSTRALIA LTD ECD 0% 09/11/2017
2.62
ING BANK NV-REG-S ECP 0% 11/12/2017
2.59
CLEARSTREAM INTERNATIONAL SA ECP 0% 12/12/2017
2.59
For marketing and information purposes by UBS. UBS funds under Luxembourg law. Prospectuses, simplified prospectuses or key investor information, the articles of association or the management regulations as well as annual and semi-annual reports of UBS funds are available free of charge from UBS Fund Services (Luxembourg) S.A., P.O. Box 91, L-2010 Luxembourg or from UBS Europe SE, Luxembourg Branch, P.O. Box 2, L-2010 Luxembourg. Before investing in a product please read the latest prospectus carefully and thoroughly. Units of UBS funds mentioned herein may not be eligible for sale in all jurisdictions or to certain categories of investors and may not be offered, sold or delivered in the United States. The information mentioned herein is not intended to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Past performance is not a reliable indicator of future results. The performance shown does not take account of any commissions and costs charged when subscribing to and redeeming units. Commissions and costs have a negative impact on performance. If the currency of a financial product or financial service is different from your reference currency, the return can increase or decrease as a result of currency fluctuations. This information pays no regard to the specific or future investment objectives, financial or tax situation or particular needs of any specific recipient. The details and opinions contained in this document are provided by UBS without any guarantee or warranty and are for the recipient's personal use and information purposes only. This document may not be reproduced, redistributed or republished for any purpose without the written permission of UBS AG. Source for all data and charts (if not indicated otherwise): UBS Asset Management
Source for all data and charts (if not indicated otherwise): UBS Asset Management
No responsibility is taken for the correctness of the information provided above.

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