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UBS (Lux) Bond SICAV - Convert Global (EUR) P-dist
|ISIN no.: LU0315165794|
UBS Convertible Funds enable investors to participate in the equity markets without bearing the full risk of traditional equity investments. Convertible bonds allow for the bond to be exchanged for shares of the company concerned. Convertible funds therefore offer the combined advantages of two asset classes - the price potential of shares and the defensive characteristics of traditional bonds.
The fund invests worldwide in convertible bonds.
Convertible bonds combine the upside potential of equities and the defensive characteristics of bonds.
The investment objective is to take full advantage of the beneficial risk-return characteristics of the global convertible bond markets.
Foreign currencies are largely hedged versus the reference currency.
Investors participate in some of the price gains when equity markets are rising, and benefit from the defensive characteristics of a bond investment in falling markets.
The portfolio's return potential is considerably increased using carefully selected convertible bonds, without incurring significant additional risk.
The fund invests mainly in convertible bonds. Changes in equity prices, interest rates, credit quality and other factors can subject the fund to high fluctuations in value, which are for the most part less pronounced than with equities but significantly higher than with traditional corporate bonds. The fund may use derivatives which can reduce investment risk or give rise to additional risks (inter alia the counterparty risk). The fund can invest in less liquid assets that may be difficult to sell in the case of distressed markets. The value of a unit may fall below the purchase price. This requires an elevated risk tolerance and capacity. Every fund reveals specific risks, a description of these risks can be found in the prospectus.
UBS Bond Funds
UBS Convertible Funds
UBS Asset Management, Zürich
UBS Fund Management (Luxembourg) S.A.
UBS Europe SE, Luxembourg Branch
Day of inception
August 28, 2007
Currency of account
Close of financial year
Issue / redemption
Total expense ratio (TER)
Reference Index / Benchmark 1)
Thomson Reuters Global Convertible Index - Global Vanilla Hedged EUR
||Reference index change on 01.07.2014 - old: UBS Global Convertible Index - GlobalVanilla Hedged, new: Thomson Reuters Global Convertible Index - Global Vanilla Hedged.
Net asset value
High - last 12 months
Low - last 12 months
Assets of the unit class in mn
Total product assets in mn
Ø premium to investment value
Performance chart (EUR-based, as of June 21, 2018)
Indexed, Month-end values
Past performance is not a reliable indicator of future results.
Performance (in %, as of June 21, 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.
By Credit rating (in %, as of May 31, 2018)
By the 10 largest positions (in %, as of May 31, 2018)
Wells Fargo / Wachovia $75 Perp
Microchip Technology 1.625% 2025
Micron Technology 2.125% 2033
Time Warner (Reliant Energy) var 2029
UniCredit (Aabar) 1% 2022
S&P 500 Total(JP)0% 2020
Intel 3.25% 2039
Liberty Media Basket 1.375% 2023
LAM Research/Novellus Sys 2.625% 2041
SAP(Exane) 0% 2019
Reference index change on 01.07.2014 - old: UBS Global Convertible Index - GlobalVanilla Hedged, new: Thomson Reuters Global Convertible Index - Global Vanilla Hedged.
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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