Singapore Retail Investors

UBS (Lux) Bond Fund - Euro High Yield (EUR) P-mdist
Last update
19.04.2021
ISIN: LU0417441200
General information
Name of fund | UBS (Lux) Bond Fund - Euro High Yield (EUR) |
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Share class | UBS (Lux) Bond Fund - Euro High Yield (EUR) P-mdist |
ISIN | LU0417441200 |
Fund domicile | LU |
Fund type | open-end |
Benchmark | ICE BofAML EUR High Yield 3% Constrained Index |
Launch date | 01.07.2009 |
Currency of share class | EUR |
Accounting year end | 31 March |
Fund description
- The fund invests primarily in high-yield corporate bonds selected using strict criteria, either denominated in EUR or hedged into EUR.
- When selecting issuers of such bonds, particular attention is taken to spread investments across the various credit ratings.
Current fund data and tax figures
NAV Date | 19 Apr 2021 |
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Official NAV per share | 129.57 |
Total fund assets (EUR m) | 1,732.89 |
Key benefits
- Investors profit from an actively managed portfolio with high return potential that is composed using strict criteria in terms of security and sector selection and credit quality.
- Clients can particularly benefit from UBS's expertise in markets where transparency and access to information may be limited.
- The fund represents an attractive addition to a portfolio, offering high return potential and broad risk diversification.
Performance chart (in fund currency)
These figures refer to the past. Past performance is not a reliable indicator of future results. Fund performance is net of fees. The performance shown does not take account of any commissions and costs charged when subscribing to and redeeming units.
Fees
Management fee p.a. | 1.01% |
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Total expense ratio (TER) p.a.1) | 1.33% |
Singapore Sales Charges (in %) | 6.00% |
1) as at 31.03.2020
Latest dividend declaration
Distribution date | 15.04.2021 |
Coupon number | 141 |
Currency | EUR |
Risks
- Depending on the credit quality, the default risk is higher in the case of high yield bonds than with investment grade corporate and government bonds. Changes in interest rates have an effect on the value of the portfolio. This requires corresponding risk tolerance and capacity. All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. The fund can use derivatives, which may result in additional risks (particularly counterparty risk).
- This share class (mdist) may make monthly, gross-of-fee distributions. As a consequence, in addition to income, this share class may also distribute capital. This can have negative tax consequences for investors in some jurisdictions. Investors should seek their own tax advice.
The official NAV reflects the price in which investors can buy or sell units in the Fund. Please note that the adjusted NAV is not to be relied on for buying or selling of units in the Fund.