Is always managed with a focus on concrete return targets, while seeking to ensure the lowest possible fluctuations in value. As with any investment, the risk of a loss cannot be ruled out. The fund is managed independently of a benchmark, which is why there is no fixed asset allocation. This means the fund managers can respond quickly to market developments, and exploit the highest possible number of investment opportunities worldwide. Portfolio management responsibility lies with UBS AM Investment Solutions.
Invests in the global fixed income and equity universe, independently of a reference index.
Very active, flexible management. Portfolio adjusted in with the latest market expectations, with the risk of loss kept as low as possible.
Foreign currencies are largely hedged versus the reference currency. Nevertheless, an active currency strategy is applied.
The fund aims to generate return potential in any market environment.
Major market fluctuations can be cushioned.
The fund offers attractive opportunities for global investments in the traditional investment categories.
The target return is clearly formulated and transparent.
The fund offers no guarantee. It may see phases with negative performance. This requires corresponding risk tolerance and capacity and an investment horizon of typically three years to ensure a high likelihood of meeting the return target. All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. The fund can use derivatives, which may result in additional risks (particularly counterparty risk).
UBS Asset Allocation Funds
UBS Dynamic Alpha Funds
UBS Asset Management
UBS Fund Management (Luxembourg) S.A.
UBS Europe SE, Luxembourg Branch
Day of inception
June 24, 2005
Currency of account
Close of financial year
Issue / redemption
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 November 17, 2017)
Indexed, Month-end values
Past performance is not a reliable indicator of future results.
Performance (in %, as of November 17, 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 October 31, 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 Alternative Global Macro, 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 investment instrument (in %, as of October 31, 2017)
Cash and money market paper
US High Yield Bonds
Emerging Market Equities
Other Developed Equity
Emerging Markets Debts
European Investment Grade Bonds
By currencies (hedged) (in %, as of October 31, 2017)