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In addition to the usual risks referring to market fluctuations, securities and index type, the investor has to be aware that the funds detailed in this document are also exposed to other risks, such as: secondary market negotiations, differences between NAV and market prices, calculation changes, differences in publications of the index on behalf of the index provider, risks connected to the listing of the index components on different markets, risks connected to the use of derivatives.

There are also further risks these funds that replicate equity or bond indexes are exposed to. The investor is therefore required to have an adequate tolerance and capacity to bear such risks.

For a complete analysis of all the risks described we recommend to read carefully the prospectus.

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UBS ETF (IE) Bloomberg Commodity CMCI SF UCITS ETF (hedged to CHF) A-acc

Net asset value 9.5595 CHF

Last update

12.07.2019

ISIN: IE00BYYLVK39

Asset Class:  Commodities

General information

Name of fund

UBS ETFs plc – Bloomberg Commodity CMCI SF UCITS ETF

Share class

UBS ETFs plc – Bloomberg Commodity CMCI SF UCITS ETF (hedged to CHF) A-acc

ISIN

IE00BYYLVK39

Asset Class

Commodities

Fund domicile

IE

Fund type

open-end

Reference Index

UBS Bloomberg BCOM Constant Maturity Commodity Index hedged to CHF

UCITS V

yes

Launch date

25.05.2017

Currency of share class

CHF

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 Bloomberg BCOM Constant Maturity Commodity Index hedged to CHF (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%.

Current fund data and tax figures

NAV Date

12 Jul 2019

Shares outstanding

21,429,602

Official NAV per share

9.5595

Share class assets (CHF m)

203.79

Total fund assets (USD m)

325.06

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 20.11.2018

Registrations for public distribution

Country of distribution

Switzerland

Germany

Denmark

Spain

Finland

United Kingdom

Ireland

Italy

Liechtenstein

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. 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

Representative in Italy for UBS funds, UBS Asset Management (Italia) SGR S.p.A., Via del Vechio Politecnico, n.3, 20121 Milano (MI), Italy. The prospectus, the simplified prospectus or Key investor information, the fund regulations, as well as the Articles of Association for UBS SICAVs and the latest annual or semi-annual report may be obtained free of charge from UBS Asset Management (Italia) SGR S.p.A., Via del Vechio Politecnico, n.3, 20121 Milano (MI), Italy. «Bloomberg ®» and «Bloomberg Commodity Index SM» are service marks of Bloomberg Finance L.P. and its affiliates (collectively, «Bloomberg») and have been licensed for use for certain purposes by UBS ETFs plc. Neither Bloomberg nor UBS Securities LLC and its affiliates (collectively, «UBS») approve, endorse, review, or recommend the UBS ETFs plc – Bloomberg Commodity Index SF UCITS ETF sub-fund. Neither Bloomberg nor UBS guarantees the timeliness, accurateness, or completeness of any data or information relating to the Bloomberg Commodity Index SM. More explanations of financial terms can be found at ubs.com/glossary © UBS 2019. The key symbol and UBS are among the registered and unregistered trademarks of UBS. All rights reserved.