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UBS launches new Fund of Hedge Funds called UBS (CH) Global Alpha Strategies (CHF)

Media Releases Switzerland

UBS is launching a Fund of Hedge Funds called "UBS (CH) Global Alpha Strategies (CHF)". The new fund's subscription period will start on 21 June 2004 and end on 25 June 2004. To be issued under Swiss jurisdiction, the new fund will require a minimum subscription of CHF 10,000 for the first tranche (corresponds to 10 fund units of CHF 1,000 each).

Funds of Hedge Funds investments are typically widely diversified in a number of different alternative investment strategies and fund managers. They give investors the opportunity to improve the risk/return ratio of their portfolio.

UBS (CH) Global Alpha Strategies (CHF) will, according to its investment strategy, invest in 35-50 hedge funds worldwide that best meet its criteria. It will aim to diversify its portfolio of hedge fund managers and alternative strategies as widely possible, giving investors the ability to benefit from a broad range of asset classes as well as diverse financial and investment instruments. It will also give them the opportunity to take advantage of the newest trading and portfolio management techniques.

UBS Global Alpha Strategies wants to generate an attractive risk/return ratio by optimally combining the most promising hedge funds worldwide while at the same time keeping a low level of correlation to traditional markets. The fund will target long-term capital growth with positive absolute returns and moderate volatility, helping preserve the investor's capital as well.

Technical details

Fund name/valora no.

UBS (CH) Global Alpha Strategies (CHF)/1 878 471

Fund domicile


Fund type

Open Swiss Fund-of-fund

Portfolio management

UBS Global Asset Management

Management company

UBS Fund Management (Switzerland) AG

Currency of account


Minimum subscription

(first tranche)

CHF 10,000 (10 units, CHF 1,000 each)



Income distribution


Management fee


Performance fee


Issuing premium


Zurich / Basel, 18 June 2004