Singapore Retail Investors

UBS (Lux) Bond Fund - Full Cycle Asian Bond (USD) P-mdist
Last update
19.04.2021
ISIN: LU0464244259
General information
Name of fund | UBS (Lux) Bond Fund - Full Cycle Asian Bond (USD) |
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Share class | UBS (Lux) Bond Fund - Full Cycle Asian Bond (USD) P-mdist |
ISIN | LU0464244259 |
Fund domicile | LU |
Fund type | open-end |
Benchmark | JP Morgan Asia Credit Index |
Launch date | 28.01.2010 |
Currency of share class | USD |
Accounting year end | 31 March |
Fund description
- The fund invests primarily in securities denominated in USD and local currencies issued by Asian economies/borrowers (ex Japan).
- Country selection, credit ratings and interest rate and currency risks are actively managed in order to benefit from market volatility.
- When markets are rising, the fund aims to achieve relatively high returns, whereas it proactively reduces and/or hedges high-risk assets to protect against price losses in anticipation of a downswing.
Current fund data and tax figures
NAV Date | 19 Apr 2021 |
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Official NAV per share | 99.82 |
Total fund assets (USD m) | 675.92 |
Key benefits
- This diversified bond portfolio can be used to participate in the opportunities on the Asian market for fixed-income securities.
- The fund is actively managed in accordance with market conditions. This allows the portfolio to be dynamically adjusted throughout market cycles.
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. | 1.04% |
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Total expense ratio (TER) p.a.1) | 1.58% |
Singapore Sales Charges (in %) | none |
1) as at 31.03.2020
Latest dividend declaration
Distribution date | 15.03.2021 |
Coupon number | 133 |
Currency | USD |
Risks
- The fund offers higher return potential than a high-quality bond portfolio and therefore bears a higher risk. In addition, emerging markets are at an early stage of development which can typically involve a high level of price volatility and other specific risks such as lower market transparency, regulatory hurdles, corporate governance and political and social challenges. Corresponding risk tolerance and capacity are required. All investments are subject to market fluctuations. The fund can invest in less liquid assets that may be difficult to sell in the case of distressed markets. 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.