UBS AG Logo
Login | Preferences | Contact |engita
UBS Fund Gate - Luxembourg
   
Home
News
Products
Compare products
Virtual portfolios
E-mail subscription
General information
 
 
Search for products
Overview
Search by criteria
Product information
UBS products  ›  Product information
UBS (Lux) Bond SICAV - Emerging Europe (EUR) P-4%-qdist
ISIN no.:  LU1669357508
PDF
PDF
PDF
Overview  
Category profile
UBS Emerging Market Funds Investors are benefiting from above-average return opportunities over time, reducing risk exposure through diversification and investing with experienced professionals.

Fund description
The fund invests mainly in government and selected corporate bonds of issuers with varying ratings from Central and Eastern European countries.
The bonds in the portfolio are denominated mainly in euro and European national currencies.
The investment objective is to make pro-active use of earnings potential in the bond markets of Central and Eastern European countries and in changes in their exchange rates.
This share class distributes a constant percentage share of the NAV, not a constant amount.
This share class is designed for investors who want to profit from performance opportunities on the financial markets and at the same time wish more stable distributions at a specific percentage level to cover recurring liquidity needs.
As the distributions are substantial, this share class is not designed for investors who want to build wealth. The latter may prefer the accumulating share class.
This share class must not be seen as an alternative to a savings account or fixed-interest paying investments.
The percentage distribution rate of this share class is unrelated to the interest or other income generated in the fund. The distribution is a percentage payment of the current amount of investment.
It is possible that the distributions result in an erosion of assets and a reduction of invested capital.
This share class may distribute capital as well as income. There are potential negative tax consequences for some investors in some jurisdictions. See risk section below .

Key benefits
The fund offers an opportunity to profit from the performance of emerging economies in Europe.
Given its low correlation to the established bond markets, the fund is appropriate as a means of diversifying traditional portfolios.
Interest rate and currency risks are actively managed in order to benefit from fluctuations in the market.
The fund is designed for risk-aware investors with a long-term outlook who want to enhance the earnings potential of their bond portfolios.

Risks
As with offerings from borrowers in emerging markets, bonds of convergence countries offer higher return potential but are also exposed to higher risk than established investment regions. These risks include lower market transparency, regulatory hurdles, corporate governance, potential for high market volatility and political and social challenges. This fund is appropriate for risk-conscious, long-term investors. The quarterly 4% distributing share classes may distribute capital as well as income. It is possible that the distributions result in an erosion of assets and a reduction of invested capital. There are potential negative tax consequences for some investors in some jurisdictions. Investors in some jurisdictions may incur a higher rate of tax on distributed capital than on any capital gains which are realised on disposal of fund shares. Some investors may therefore choose to invest in the accumulating (-acc) instead of the distributing (-dist) share classes. Investors may be taxed at a later point in time on income and capital arising on accumulating (-acc) share classes compared to distributing (-dist) share classes. Investors should seek their own tax advice.

Product features
Product category
UBS Emerging Market Funds
Bonds
Product domicile
Luxembourg
Portfolio management
UBS Asset Management
Fund management
UBS Fund Management (Luxembourg) S.A.
Custodian bank
UBS Europe SE, Luxembourg Branch
Day of inception
September 11, 2017
Currency of account
EUR
Close of financial year
May 31
Issue / redemption
daily
Maturity
Open end
Management fee
1.06% p.a.
Swing pricing
yes
Minimum investment
n.a.
Reference Index / Benchmark
UBS Customized Reference Index

Current data
Net asset value
EUR98.82
11/12/2017
High - last 12 months
EUR100.00
11/09/2017
Low - last 12 months
EUR97.33
15/11/2017
Last distribution
EUR0.19
13/10/2017
Assets of the unit class in mn
EUR0.01
11/12/2017
Total product assets in mn
EUR89.87
11/12/2017

Symbols
ISIN no.
LU1669357508

 
Performance chart (EUR-based, as of December 11, 2017)
Indexed, Daily values
Performance chart (EUR-based, as of December 11, 2017)

Past performance is not a reliable indicator of future results.

Performance (in %, as of December 11, 2017)
in %
1
year
3
years
5
years
since
11/09/2017
EUR
-
-
-
-0.99
The performance shown does not take account of any commissions, entry or exit charges.
These figures refer to the past. Past performance is not a reliable indicator of future results.

By Credit rating (in %, as of November 30, 2017)
Chart

By investment currency (in %, as of November 30, 2017)
Chart

By the 10 largest positions (in %, as of November 30, 2017)
Republic of Poland Government Bond
16.48
Turkey Government Bond
11.56
Russian Federal Bond - OFZ
7.98
Hungary Government Bond
7.32
Croatia Government International Bond
6.13
Bulgaria Government International Bond
5.62
Turkey Government International Bond
5.41
Republic of Poland Government International Bond
5.30
Romanian Government International Bond
5.05
Czech Republic Government Bond
4.15
Additional fees (e.g. entry or exit fees) may be charged by the Distributor. Please refer to your financial adviser for more details. For a definition of financial terms refer to the glossary available at www.ubs.com/glossary.
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.

Important legal information - please read the disclaimer before proceeding.
Products and services in these web pages may not be available for residents of certain nations.
Please consult the sales restrictions relating to the service in question for further information.
© UBS 1998-2017. All rights reserved.
Privacy Policy