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UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (hedged to GBP) A-acc

Net asset value 130.1042GBP

Last update

20.03.2023

ISIN: IE00BYT5CX00

Asset Class: Commodities

General information

Name of fund

UBS (Irl) Fund Solutions plc – CMCI EX-AGRICULTURE SF UCITS ETF

Share class

UBS (Irl) Fund Solutions plc – CMCI EX-AGRICULTURE SF UCITS ETF (hedged to GBP) A-acc

ISIN

IE00BYT5CX00

Asset Class

Commodities

Fund domicile

IE

Fund type

open-end

Benchmark

UBS CMCI Ex-Agriculture Ex-Livestock Capped Index GBP Hedged Total Return

UCITS V

yes

Launch date

01.03.2018

Currency of share class

GBP

Accounting year end

30 June

Replication methodology

Synthetic (Fully Funded + Total Return Swap)

Fund description

  • The investment objective is to replicate the performance of the UBS CMCI Ex-Agriculture Ex-Livestock Capped Index GBP Hedged Total Return.
  • The fund synthetically replicates the index performance by investing in a swap.
  • UBS targets to over-collateralise the funds exposure to the swap counterparty by 105%.
  • The fund is passively managed.
  • The product described herein aligns to Article 6 of Regulation (EU) 2019/2088.

Current fund data and tax figures

NAV Date

20 Mar 2023

Shares outstanding

17,500

Official NAV per share

130.1042

Share class assets (GBP m)

2.27

Total fund assets (USD m)

139.87

Key benefits

  • Clients benefit from the flexibility of an exchange-traded investment.
  • Provides access to this segment of the market with a single transaction.
  • Optimised risk/return profile thanks to a broad diversification across a range of commodity sectors.
  • The fund offers a high degree of transparency and cost efficiency.
  • UCITS compliant fund.

Performance chart (in fund currency)

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.

Fees

Flat fee p.a.

0.34%

Total expense ratio (TER) p.a.1)

0.34%

1) as at 30.06.2022

Registrations for public distribution

Country of distribution

Austria

Switzerland

Germany

Denmark

Spain

Finland

France

United Kingdom

Ireland

Italy

Liechtenstein

Luxembourg

Norway

Sweden

Risks

The fund delivers the return of a broadly diversified commodity index and may therefore be subject to high fluctuations in value. For this reason, an investment horizon of at least five years and corresponding risk tolerance and capacity are required. The returns payable on the fund are dependant on payments received by the fund from the swap counterparty under the terms of the relevant swap and therefore are subject to the credit risk of the swap counterparty. In the event that the swap counterparty defaults under the terms of the relevant swap, the fund may suffer a loss. Every fund has specific risks, which can significantly increase under unusual market conditions. Sustainability risks are not considered as part of the Index selection process. Therefore, sustainability risks are not systematically integrated. The fund’s assets are passively managed. As a result, the net asset value of the fund’s assets is materially dependent on the performance of the underlying investments. Losses that could be avoided via active management will not be offset.

Disclaimer

For professional investors only.
For marketing and information purposes by UBS.
UBS funds under Irish law. Arrangements for marketing fund units mentioned in this document may be terminated at the initiative of the management company of the fund(s). Representative in Italy for UBS funds, UBS Asset Management (Italia) – SGR S.p.A., Via del Vecchio Politecnico, n. 3, 20121 Milano (MI), Italy. Prospectuses, key information documents (KID), the articles of association or the management regulations as well as annual and semi-annual reports may be obtained in a language required by the local applicable law free of charge from UBS Asset Management (Italia) – SGR S.p.A., Via del Vecchio Politecnico, n. 3, 20121 Milano (MI), Italy and online at www.ubs.com/funds. The product described herein aligns to Article 6 Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector. Information on sustainability-related aspects pursuant to that regulation can be found on www.ubs.com/funds. Before investing in a product please read the latest prospectus and key information document carefully and thoroughly. Any decision to invest should take into account all the characteristics or objectives of the fund as described in its prospectus, or similar legal documentation. Investors are acquiring units or shares in a fund, and not in a given underlying asset such as building or shares of a company. The information and opinions contained in this document have been compiled or arrived at based upon information obtained from sources believed to be reliable and in good faith, but is not guaranteed as being accurate, nor is it a complete statement or summary of the securities, markets or developments referred to in the document. Members of the UBS Group may have a position in and may make a purchase and / or sale of any of the securities or other financial instruments mentioned in this document. 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. If whole or part of the total costs to be paid is different from your reference currency, the costs may increase or decrease as a result of currency and exchange rate fluctuations. Commissions and costs have a negative impact on the investment and on the expected returns. 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 and exchange rate fluctuations. This information pays no regard to the specific or future investment objectives, financial or tax situation or particular needs of any specific recipient. Future performance is subject to taxation which depends on the personal situation of each investor and which may change in the future. 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 Asset Management Switzerland AG or a local affiliated company. Source for all data and charts (if not indicated otherwise): UBS Asset Management. A summary of investor rights in English can be found online at www.ubs.com/funds. More explanations of financial terms can be found at www.ubs.com/am-glossary.
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