The UBS Sterling Corporate Bond Indexed Fund aims to achieve returns that are consistent with the performance of the Markit iBoxx Sterling Non-Gilts Index by predominantly investing in fixed income securities.
The Fund uses a stratified sampling method, rather than full replication, as we believe this is more efficient and cost effective for a Fund such as this. The Fund has a target tracking error of +/- 35bps.
The Fund provides access to investment grade Sterling bonds and may be suitable for those investors seeking a lower risk capital growth profile than equity funds may provide.
For those investors looking for income, the Fund will pay distributions on a quarterly basis.