Asia, a bright spot for income investors
UBS Asia Income Bond Fund
Please read the important information of the fund before proceeding
Please read the important information of the fund before proceeding
UBS (HK) Fund Series – Asia Income Bond (USD)
1. The Fund, UBS (HK) Fund Series – Asia Income Bond (USD) ("UBS Asia Income Bond Fund”), invests primarily in debt securities issued or guaranteed by bodies in, registered in, or with significant operations in Asia (including emerging markets) including but not limited to government and non-government bonds (including bonds issued by local authorities, supra-nationals, agencies and corporate entities); fixed rate, variable rate (including floating rate), inflation-linked, convertible, secured, and unsecured, debt securities.

Investors who are looking for strong, relatively steady income, Asia continues to be the place to invest.
Portfolio Manager,
UBS Asia Income Bond Fund
Dynamic, diverse, defensive
Dynamic, diverse, defensive
The Fund is an average investment grade fixed income portfolio that aims to provide good and consistent income through dynamically managed credit, country and duration exposures.
Regular income stream 1, 2 with defensive average Investment Grade credit rating
Dynamic allocation; flexibility in Investment Grade, High Yield, duration, and currency for diversification
Focus on attractive risk-adjusted returns and total return
Why is Asia a bright spot for income investors?
Why is Asia a bright spot for income investors?
1. Strong fundamentals
1. Strong fundamentals
Asia is a fast-growing region in the world with relatively low Debt-to-GDP ratios compare to some G7 countries and with improved credit fundamentals. Asian sovereign credit ratings are now all investment grade.
Debt-to-GDP ratio
Debt-to-GDP ratio

Credit rating change in 2015/2022
Credit rating change in 2015/2022
2. Attractive Asian bond yields
2. Attractive Asian bond yields
Asian bond yields are more attractive than last year, and yields in Asia are higher than those in the US and EU.
Asian Investment Grade Bond Yields
Asian Investment Grade Bond Yields
Asia High Yield Bond Yields
Asia High Yield Bond Yields
Why UBS Asia Income Bond?
Why UBS Asia Income Bond?
Interesting payout ratio:
8.1% p.a. (USD/HKD A-mdist ) 6,7
7.4% p.a. (RMB hedged A-mdist) 6,7
Defensive, investment grade ~75% of portfolio
Flexible exposure to Asian bonds, active duration management1
Experienced Team Management2
- The asset portfolio is actively managed, so UBS/portfolio managers can change the allocation and positions at any time at their sole discretion.
- Sources: Indicators, 2020; Morningstar, 2017. Past performance is not indicative of future results.
Available share classes
Available share classes
Share class | Share class | ISIN | ISIN | Distribution yield | Distribution yield |
---|---|---|---|---|---|
Share class | Class A USD-acc | ISIN | HK0000679883 | Distribution yield | Distribution reinvested |
Share class | Class A USD-mdist6,7 | ISIN | HK0000679891 | Distribution yield | 8.0% |
Share class | Class A USD-5%-mdist6,7 | ISIN | HK0000679909 | Distribution yield | 5.1% |
Share class | Class A HKD-mdist6,7 | ISIN | HK0000679917 | Distribution yield | 8.0% |
Share class | Class A HKD-5%-mdist6,7 | ISIN | HK0000679925 | Distribution yield | 5.0% |
Share class | Class A RMB hedged-mdist6,7 | ISIN | HK0000679933 | Distribution yield | 7.4% |
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