UBS Select Money Market Funds are short-term money market funds designed to provide investors with an attractive investment option for short or medium 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+0 or T+1 settlement. They are available in a range of currencies and are suitable for operating cash, automated cash sweeps and the liquidity component of investment portfolios. Specialist portfolio managers aim to add value through active management, emphasising high credit quality, highly liquid portfolios.
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 offer an attractive alternative to direct cash holdings, while achieving a performance in line with 7 Day LIBID denominated in the fund's currency.
Classified as 'Short Term' by the common European money market fund definition.
This share class (mdist) may make monthly, gross-of-fee distributions. The distributions are not directly linked to any capital gain or income generated by the fund. This share class may distribute capital as well as income. There are potential negative tax consequences for some investors in some jurisdictions. This share class must not be seen as an alternative to a savings account or interest paying investments.
Very conservatively positioned with an investment objective to preserve invested capital.
Well diversified portfolio of high quality short term money market instruments.
Actively managed by experienced specialists, supported by in-house credit researchers.
No (constant NAV) or very low NAV volatility (variable NAV).
Daily subscriptions and redemptions.
Competitive money market yields.
Benefiting from UBS's money market purchasing power.
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. For funds following a constant NAV approach the stable price cannot be guaranteed. 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. This share class (mdist) may make monthly, gross-of-fee distributions. As a consequence, in addition to income, this share class may also distribute capital. This can have negative tax consequences for investors in some jurisdictions. Investors should seek their own tax advice.
UBS Money Market Funds
UBS Select Money Market Funds
UBS Asset Management
UBS (Irl) Fund Plc
State Street Custodial Services (Ireland) Limited
Representative for products established under foreign law
UBS Fund Services (Luxembourg) S.A.
Day of inception
August 4, 2015
Currency of account
Close of financial year
Issue / redemption
Max. flat fee
Current Flat Fee
Total expense ratio (TER)
Net asset value
High - last 12 months
Low - last 12 months
Assets of the unit class in mn
Total product assets in mn
Performance chart (USD-based, as of December 11, 2017)
Indexed, Month-end values
Past performance is not a reliable indicator of future results.
Performance (in %, as of December 11, 2017)
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.
Peer group (as of November 30, 2017)
Fund (USD, in%)
Ø peer group (in %) 1)
Quartile ranking 2)
||Average performance Lipper Global Classification (LGC)
||Quartile 1,2,3,4; e.g.: 1= fund is part of the best 25% of all funds of the peer group
Peer group information. Peer group category used: LGC Money Market USD, based on mutual funds in the "MSCI Europe Developed Markets Universe" ex institutional and insurance funds, ETF's and Pension Trusts. Source and calculation: Lipper, a Thomson Reuters Company