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UBS (Lux) Bond Fund - EUR P-acc
|ISIN no.: LU0033050237|
UBS Flexible Fixed Income Funds are actively managed and broadly diversified portfolios that offer investors the opportunity to invest flexibly and actively in a wide range of bond classes.
The fund invests primarily in euro-denominated bonds from issuers with high creditworthiness (classified as investment grade by the established rating agencies). The fund may also invest to a limited extent in non-euro, emerging market and high yield bonds. The portfolio has an average credit quality of investment grade.
The fund takes active positions in interest rates, credit and currencies using bonds and derivatives. The fund manager combines a mix of carefully selected issuers and bonds across a range of maturities and if desired in various currencies with the aim of exploiting attractive return opportunities while maintaining risk control.
The flexible investment solution strives to achieve an attractive return over the medium term compared to the broader euro-denominated bond markets while focusing on prudent risk management.
The fund offers a dynamic strategy that uses bonds and derivatives to take active positions in interest rates, credit and to a limited extent also in currencies. Active management aims to achieve an optimal risk/return ratio.
Clients are offered access to a diversified euro-denominated bond portfolio whose rigorous investment approach centers on controlling downside risks through comprehensive research and risk management.
The fund may engage in relatively high-risk strategies in bond and currency markets, whereby both long and short positions may be held and derivatives may be used. The use of derivatives may result in additional risks (notably counterparty risk). Depending on the credit rating (credit quality), corporate bonds may exhibit a higher default risk than government bonds. The default risk of high yield and emerging market bonds is higher than that of corporate and government bonds of investment grade quality. Changes in interest rate levels, credit spreads and currencies may affect the value of the fund. Emerging markets are in an early stage of development, which is typically associated, for example, with pronounced price fluctuations and other specific risks such as lower market transparency, regulatory hurdles and corporate governance provisions, as well as political and social challenges. Emerging markets may have limited liquidity. Greater portfolio flexibility may increase the risk that portfolio management decisions negatively affect performance. Investments are subject to market fluctuations. Each fund exhibits specific risks, which may increase significantly under unusual market conditions. The aforementioned aspects require investors to have the corresponding risk appetite and risk capacity.
UBS Bond Funds
UBS Flexible Fixed Income Funds
UBS AG, UBS Asset Management, Zürich
UBS Fund Management (Luxembourg) S.A.
UBS Europe SE, Luxembourg Branch
Day of inception
August 6, 1991
Currency of account
Close of financial year
Issue / redemption
Total expense ratio (TER)
Reference Index / Benchmark
Bloomberg Barclays Euro Aggregate 500mio+
Net asset value
High - last 12 months
Low - last 12 months
Assets of the unit class in mn
Total product assets in mn
Theoretical yield to maturity (net)
Average remaining maturity
Performance chart (EUR-based, as of February 22, 2018)
Indexed, Month-end values
Past performance is not a reliable indicator of future results.
Performance (in %, as of February 22, 2018)
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 January 31, 2018)
Fund (EUR, 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 Bond EUR, 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
By maturity in years (in %, as of January 31, 2018)
By Credit rating (in %, as of January 31, 2018)
By the 10 largest positions (in %, as of January 31, 2018)
Italy Buoni Poliennali Del Tesoro
Spain Government Bond
French Republic Government Bond OAT
Bundesrepublik Deutschland Bundesanleihe
Kingdom of Belgium Government Bond
Kreditanstalt fuer Wiederaufbau
Cooperatieve Rabobank UA
UBS Lux Bond SICAV - EUR Inflation-linked EUR
Netherlands Government Bond
Toyota Motor Credit Corp
By sector (in %, as of January 31, 2018)
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 in a language required by the local applicable law free of charge from Northern Trust Global Services Limited, Luxembourg Branch, 6, rue Lou Hemmer, L-1748 Senningerberg or from UBS Europe SE, Luxembourg Branch, P.O. Box 2, L-2010 Luxembourg. The fund documentation is available free of charge in English and, where relevant, in one of the local language(s) where the fund is registered. 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
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