UBS Classic Bond Funds offer investors the opportunity to participate in a broadly diversified portfolio of mainly investment-grade bonds. These investment products aim to generate a regular income flow. There is a choice of funds in all major currencies and maturity structures, as well as global and corporate bond fund. UBS Classic Bond Funds are an ideal building block for fixed income portfolios or for the fixed income component of balanced portfolios.
The fund's investments are broadly diversified within GBP bonds that predominantly have investment-grade ratings.
Interest-rate fluctuations may be exploited using active duration management.
The average duration stands at around 2.5 years.
The investment objective is to generate an attractive return in line with the market.
Clients benefit from a broadly diversified GBP bond portfolio offering attractive return potential.
The fund combines active duration and yield-curve management with sector and security selection.
The portfolio is subject to strict risk management processes.
The return potential is higher than that of a money market fund, but the risk is lower than for long-term bond funds.
Changes in interest rates have an effect on the value of the portfolio. Medium-term investments are subject to fluctuations in value that are greater than money market instruments but less than long-term bonds. This requires corresponding risk tolerance and capacity. All investments are subject to market fluctuations. The fund can invest in less liquid assets that may be difficult to sell in the case of distressed markets. 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 Bond Funds
UBS Classic Bond Funds
UBS Asset Management
UBS Fund Management (Luxembourg) S.A.
UBS Europe SE, Luxembourg Branch
Day of inception
September 7, 2005
Currency of account
Close of financial year
Issue / redemption
Total expense ratio (TER)
Reference Index / Benchmark 1)
Bloomberg Barclays Sterling Agg ex gilt 1-5 A better (Total Return)
||Reference index change on 01.05.2013 - old: citi eurosterling 1-5 AA better, new: Barclays Sterling Agg ex gilt 1-5 A better.
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 (GBP-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 (GBP, 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 GBP, 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 Credit rating (in %, as of November 30, 2017)
By the 10 largest positions (in %, as of November 30, 2017)
European Investment Bank
Kreditanstalt fuer Wiederaufbau
FMS Wertmanagement AoeR
National Australia Bank Ltd
Santander UK PLC
Bank Nederlandse Gemeenten NV
Dexia Credit Local SA
Barclays Bank PLC
Nationwide Building Society
By maturity in years (in %, as of November 30, 2017)
By sector (in %, as of November 30, 2017)