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UBS (Lux) Key Selection SICAV - Asian Global Strategy Balanced (USD) P-4%-mdist
ISIN no.:  LU1107510874
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Overview  
Category profile
UBS Strategy Funds are designed as professionally managed delegation solutions. Investors can choose from six different strategies exhibiting a specific expected risk/return profile (see chart): Fixed Income, Income, Yield, Balanced, Growth and Equity. The fund is actively managed and based on UBS's investment policy, the UBS House View.

Fund description
Multi-asset core solution which invests globally in bonds and equities with around half of the equities allocated to Asia.
Actively seizes promising market opportunities through tactical over- and underweighting within defined ranges under systematic monitoring and risk management.
Implemented with the Wealth Management CIO view on asset allocation and currencies while Asset Management manages the portfolio and selects the appropriate investment instruments among single securities, actively managed funds, ETFs, and derivatives.
Due to the variable mixed asset allocation this fund could be treated as a "bond fund" for UK tax purposes during certain periods. Investors should seek their own tax advice.
Foreign currencies are largely hedged versus the reference currency. Nevertheless, an active currency strategy is applied if opportunities are seen.
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
Simple and convenient access to UBS’s global capabilities with strong local presence.
Broadly diversified geographically and across asset classes for an efficient risk-return profile.
Benefit from promising investment opportunities both in Asia and around the globe as the fund can flexibly seize those whenever they occur while always staying in line with the defined investor risk profile.

Risks
This Fund can be used as a diversifier component, complementing the core investment within an investor's portfolio. The Fund invests in emerging markets which can typically involve a high level of price volatility and other specific risks such as lower market transparency, regulatory hurdles, corporate governance and political and social challenges. The Fund as well invests in equities and corporate bonds and may therefore be subject to high fluctuations in value. The Fund can use derivatives, which may result in additional risks, particularly counterparty risk. For these reasons, an investment horizon of at least five years and corresponding risk tolerance and capacity are required. As UBS funds pursue an active management style, each fund's performance can deviate from that of its reference index. All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. The monthly 4%-mdist 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 type
Open end
Product category
UBS Asset Allocation Funds
UBS Strategy 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
September 12, 2014
Currency of account
USD
Close of financial year
September 30
Issue / redemption
daily
Management fee
1.50% p.a.
Total expense ratio (TER)
1.95% p.a.
Swing pricing
yes

Current data
Net asset value
USD101.89
18/10/2017
High - last 12 months
USD101.89
18/10/2017
Low - last 12 months
USD90.28
18/11/2016
Last distribution
USD0.33
13/10/2017
Assets of the unit class in mn
USD81.35
18/10/2017
Total product assets in mn
USD218.89
18/10/2017
Theoretical yield to maturity (gross) 1)
3.01%
29/09/2017
Modified duration
2.10
29/09/2017
1)  The theoretical yield to maturity, refers to the fixed-income part of the portfolio.

Symbols
ISIN no.
LU1107510874
Bloomberg Ticker
UBALXBP LX

 
Performance chart (USD-based, as of October 18, 2017)
Indexed, Month-end values
Performance chart (USD-based, as of October 18, 2017)


Performance (in %, as of October 18, 2017)
in %
1
year
3
years
5
years
since
12/09/2014
USD
14.21
18.59
-
15.04
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 the 10 largest equity positions (in %, as of September 29, 2017)
SAMSUNG ELECTRONIC KRW5000
1.91
TENCENT HLDGS LIMI HKD0.00002
1.74
ALIBABA GROUP HLDG SPON ADS EACH REP ONE ORD-ADR
1.37
CHINA CONST BK 'H'CNY1
0.98
TAIWAN SEMICON MAN TWD10
0.73
PING AN INSURANCE 'H'CNY1
0.66
BK MANDIRI IDR500
0.63
POSCO KRW5000
0.53
BHARAT PETROL CORP INR10
0.52
GALAXY ENTERTAINME HKD0.10
0.51

By investment instrument and currency (in %, as of September 29, 2017)
 
 
Money market
Cash + Bonds
Equities
Total
Total1)
1
AUD
0.00
0.00
-0.15
-0.15
-0.95
2
CAD
0.00
0.00
0.11
0.11
1.01
3
CHF
0.00
0.00
1.09
1.09
-1.28
4
CNY
0.00
0.00
10.69
10.69
11.62
5
DKK
0.00
0.00
0.20
0.20
-0.01
6
EUR
0.00
0.02
7.88
7.90
0.07
7
GBP
0.00
0.00
3.11
3.11
-0.10
8
HKD
0.00
0.00
1.61
1.61
1.46
9
INR
0.00
0.00
2.24
2.24
2.35
10
JPY
0.00
0.00
0.61
0.61
0.00
11
KRW
0.00
0.00
4.70
4.70
4.46
12
MYR
0.00
0.00
-0.70
-0.70
-0.35
13
SEK
0.00
0.00
0.05
0.05
1.41
14
SGD
0.00
0.00
0.87
0.87
-0.09
15
TWD
0.00
0.00
1.86
1.86
2.00
|<  <  1  2  >  >|
1)  incl. currency hedging
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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