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UBS (Lux) Bond Fund - Convert Europe (EUR) P-dist
ISIN no.:  LU0108060624
PDF
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Overview  
Category profile
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.

Fund description
The fund can also acquire a limited number of convertible bonds issued by other European companies.
Combines the upside potential of equities with the defensive features of bonds.
The investment objective is to fully exploit the risk-return features of European convertible bond markets.

Key benefits
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.

Risks
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.

Product features
Product type
Open end
Product category
UBS Bond Funds
UBS Convertible Funds
Product domicile
Luxembourg
Portfolio management
UBS Asset Management, Zürich
Fund management
UBS Fund Management (Luxembourg) S.A.
Custodian bank
UBS Europe SE, Luxembourg Branch
Day of inception
May 19, 2000
Currency of account
EUR
Close of financial year
March 31
Issue / redemption
daily
Next distribution
June
Management fee
1.44% p.a.
Total expense ratio (TER)
1.87% p.a.
Swing pricing
yes
Reference Index / Benchmark
Thomson Reuters Eurozone Convertible Bond Index (EUR)

Current data
Net asset value
EUR158.20
18/10/2017
High - last 12 months
EUR160.71
20/06/2017
Low - last 12 months
EUR144.65
16/11/2016
Last distribution
EUR0.00
06/06/2017
Assets of the unit class in mn
EUR13.91
18/10/2017
Total product assets in mn
EUR734.84
18/10/2017
Ø premium to investment value
18.44%
29/09/2017

Symbols
ISIN no.
LU0108060624
Bloomberg Ticker
UBSCEUA LX
Reuters Id
UBSFUNDS05
Telekurs Id
BFCEA

 
Performance chart (EUR-based, as of October 18, 2017)
Indexed, Month-end values
Performance chart (EUR-based, as of October 18, 2017)


Performance (in %, as of October 18, 2017)
in %
1
year
3
years
5
years
ø p.a.
5 years
EUR
8.01
19.28
31.77
5.67
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.

By Credit rating (in %, as of September 29, 2017)
Chart

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

By the 10 largest positions (in %, as of September 29, 2017)
Unicredit (Aabar) 1% 2022
4.03
Siemens Unit 1.65% 2019
2.88
Steinhoff NV 1.25% 2022
2.31
Nordea Bank(GS) 0% 2018
2.15
STOXX(Uni) 0% 2020
2.05
Reckitt Benckiser(BNP) 0% 2020
2.02
Stoxx Europe(SG) 0% 2018
2.00
KPN (Movil) 5.5% 2018
1.99
Fresenius 0% 2019
1.98
Novartis(GS) 0% 2018
1.94
Reference index change on 01.07.2014 - old: UBS Eurozone Convertible Bond Index(EUR), new: Thomson Reuters Eurozone Convertible Bond Index (EUR)
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.

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