Details of price calculation

Buying and selling free of charge
Your purchase or sale order, received by 14 noon by the banc, is settled the following business day free of charge at NAV. No issue or redemption commission is payable.

Details of price calculation
Daily price calculation is carried out using the forward pricing method. This method is the standard one used by funds both in Switzerland and abroad. According to this method, all purchases and sales on a given day are settled on the basis of the stock exchange closing prices of the day in question. Since the stock exchange closing prices from the US are not available until after 10 p.m. (Swiss time), the calculation of prices and the settlement of the orders cannot be carried out until the following business day.

For the UBS investment funds, therefore, all orders reaching the banc by 14 noon are settled on the following business day.