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UBS Global Asset Management Launches Fixed Income Opportunities Fund
UBS Global Asset Management today announced the launch of its new UBS Fixed Income Opportunities Fund, an opportunistic fixed income strategy that seeks returns with low correlation to traditional equity and fixed income markets.
The Fund seeks to outperform 3-month LIBOR by 3%, net of fund ordinary operating expenses, over rolling five-year time horizons. 1 Unlike a traditional core bond fund, the Fund offers: less reliance on favorable markets for positive client outcomes, the flexibility to invest opportunistically across regions, markets and sectors, and the ability to take both long and short positions to manage risk exposures.
The Fund employs a structured investment process combining a top-down global strategy, along with fundamental bottom-up analysis that seeks to generate returns. Risk management systems and tools are applied at every point in the process to ensure risks are understood and duly compensated.
"One key advantage of the Fund is that it is unconstrained by a benchmark, unlike traditional bond funds, and it can adjust its duration to be either positive or negative, based on the investment team's outlook for the direction of interest rates," said Brian Fehrenbach, Head of Fixed Income Derivative Strategy. "This presents the potential to achieve favorable returns regardless of the direction of interest rates."
The Fund is an alternative strategy for investors who seek less reliance on favorable equity and fixed income markets, or it can be a substitute for a portion of a portfolio's fixed income component for investors who are concerned about the possibility of rising interest rates, or want a fixed income portfolio with more flexibility than a traditional fixed income portfolio.
For more information, contact your Financial Advisor, or UBS Global Asset Management at 888-793 8637 for a current Fund prospectus. Or, visit us on the Web at www.ubs.com/globalam-us. Investors should carefully read the prospectus and carefully consider the Fund's investment objectives, risk, all charges, expenses and other matters of interest before investing. The prospectus contains this and other information about the Fund. It's important you have all the information you need to make a sound investment decision.
Kris Kagel of UBS at
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