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UBS products  ›  Product information
UBS (Irl) Select Money Market Fund - USD Institutional (Dist)
ISIN no.:  IE0031437084
PDF
Overview  
Category profile
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.

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 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.

Key benefits
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.

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. 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.

Product features
Product type
Open end
Product category
UBS Money Market Funds
UBS Select Money Market Funds
Product domicile
Ireland
Portfolio management
UBS Asset Management
Fund management
UBS (Irl) Fund Plc
Custodian bank
State Street Custodial Services (Ireland) Limited
Representative for products established under foreign law
UBS Fund Services (Luxembourg) S.A.
Day of inception
October 16, 2002
Currency of account
USD
Close of financial year
August 31
Issue / redemption
daily
Max. flat fee
1.00% p.a.
Current Flat Fee
0.14% p.a.
Total expense ratio (TER)
0.06% p.a.

Current data
Net asset value
USD1.00
16/10/2017
High - last 12 months
USD1.00
16/10/2017
Low - last 12 months
USD1.00
16/10/2017
Last distribution
USD0.00
17/10/2017
Assets of the unit class in mn
USD270.62
16/10/2017
Total product assets in mn
USD2,173.93
16/10/2017

Symbols
ISIN no.
IE0031437084

 
Performance chart (USD-based, as of October 16, 2017)
Indexed, Month-end values
Performance chart (USD-based, as of October 16, 2017)


Performance (in %, as of October 16, 2017)
in %
1
year
3
years
5
years
ø p.a.
5 years
USD
0.68
0.99
1.02
0.20
EUR
-6.10
9.41
11.51
2.20
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.
For marketing and information purposes by UBS. 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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