UBS AG Logo
Login | Preferences | Contact |engita
UBS Fund Gate - Luxembourg
   
Home
News
Products
Compare products
Virtual portfolios
E-mail subscription
General information
 
 
Search for products
Overview
Search by criteria
Product information
Print "Daily Fact Sheet"Print version as PDF file format
UBS products  ›  Product information
UBS (Lux) Emerging Economies Fund - Global Short Term (USD) P-acc
ISIN no.:  LU0055660707
PDF
PDF
Overview  
Category profile
UBS Emerging Market Funds Investors are benefiting from above-average return opportunities over time, reducing risk exposure through diversification and investing with experienced professionals.

Fund description
The fund invests worldwide in short-term-maturity fixed income instruments and currency instruments from emerging economies.
The fund portfolio’s average remaining maturity may not exceed 12 months.
The investment objective is to achieve an attractive performance mainly based on the return of currencies and short-term interest rates from emerging market countries.
Currencies and short-term interest rates are actively managed.

Key benefits
Participate in the upside potential of local currency instruments
Invest in a broadly diversified and actively managed portfolio of well-selected local currencies and short dated securities
Benefit from a global investment team with a consistent investment philosophy and a disciplined investment process with a strong focus on risk management

Risks
The fund offers higher return potential than a high-quality money market portfolio and therefore bears a higher risk. In addition, emerging markets are at an early stage of development which can typically involve a high level of price volatility and other specific risks such as lower market transparency, regulatory hurdles, corporate governance and political and social challenges. 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).

Product features
Product type
Open end
Product category
UBS Emerging Market Funds
Bonds
Product domicile
Luxembourg
Portfolio management
UBS Asset Management
Fund management
UBS Fund Management (Luxembourg) S.A.
Custodian bank
UBS Europe SE, Luxembourg Branch
Day of inception
February 21, 1995
Currency of account
USD
Close of financial year
August 31
Issue / redemption
daily
Distribution
Reinvestment
Management fee
0.96% p.a.
Total expense ratio (TER)
1.27% p.a.
Swing pricing
yes
Reference Index / Benchmark
JPM ELMI+

Current data
Net asset value
USD2,775.09
20/10/2017
High - last 12 months
USD2,831.18
08/09/2017
Low - last 12 months
USD2,505.39
23/11/2016
Assets of the unit class in mn
USD29.11
20/10/2017
Total product assets in mn
USD114.56
20/10/2017
Theoretical yield to maturity (net)
4.07%
29/09/2017
Modified duration
0.58
29/09/2017

Symbols
ISIN no.
LU0055660707
Bloomberg Ticker
SBCLAMI LX
Reuters Id
UBSFUNDS01
Telekurs Id
EELM

 
Performance chart (USD-based, as of October 20, 2017)
Indexed, Month-end values
Performance chart (USD-based, as of October 20, 2017)


Performance (in %, as of October 20, 2017)
in %
1
year
3
years
5
years
ø p.a.
5 years
USD
5.87
-2.24
-6.93
-1.43
EUR
-1.86
6.00
2.89
0.57
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.
Peer group (as of September 30, 2017)
 
1
year
3
years
5
years
Fund (USD, in%)
5.29
-1.82
-6.20
Ø peer group (in %) 1)
7.21
-0.96
-8.40
Quartile ranking 2)
4
2
2
1)  Average performance Lipper Global Classification (LGC)
2)  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 Emerging Markets Global LC, 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 September 29, 2017)
Chart

By investment currency (in %, as of September 29, 2017)1)
Chart
1)  The table shows the currency exposure of the USD fund

By investment domicile (in %, as of September 29, 2017)
Chart

By the 10 largest positions (in %, as of September 30, 2017)
Brazil Letras Financeiras do Tesouro
10.43
Malaysia Government Bond
9.09
Mexico Cetes
8.49
Korea Treasury Bond
6.55
Turkey Government Bond
5.99
Mexican Bonos
5.72
Thailand Government Bond
5.41
Brazil Letras do Tesouro Nacional
4.42
Republic of Poland Government Bond
4.28
Russian Federal Bond - OFZ
3.14
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 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.

Important legal information - please read the disclaimer before proceeding.
Products and services in these web pages may not be available for residents of certain nations.
Please consult the sales restrictions relating to the service in question for further information.
© UBS 1998-2017. All rights reserved.
Privacy Policy