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UBS (Lux) Key Selection SICAV - China Allocation Opportunity (USD) (SGD hedged) P-6%-mdist

Net asset value 95.64 SGD

Last update

06.12.2018

ISIN: LU1226288097

General information

Name of fund

UBS (Lux) Key Selection SICAV - China Allocation Opportunity (USD)

Share class

UBS (Lux) Key Selection SICAV - China Allocation Opportunity (USD) (SGD hedged) P-6%-mdist

ISIN

LU1226288097

Fund domicile

LU

Fund type

open-end

Launch date

17.08.2018

Currency of share class

SGD

Accounting year end

30 September

Fund description

  • Seeks attractive total return by investing in a diversified portfolio of Chinese equities and fixed income.
  • Investment is approximately 50% in Chinese equity and 50% in Chinese Fixed Income.
  • Actively seizes promising market opportunities via selection of individual stocks and bonds as well as by allocation between the equity and fixed income asset classes.
  • The exchange rate risk between USD and SGD is largely hedged.

Current fund data and tax figures

NAV Date

06 Dec 2018

Official NAV per share

95.64

Total fund assets (USD m)

405.78

Key benefits

  • Participate in the growth and increasing internationalization of the Chinese economy and markets via select investments in both fixed income and equities.
  • The portfolio is actively managed, adjusted to market conditions and proactively including the most interesting opportunities.
  • Investors can rely on an experienced local portfolio management team with a proven track record.

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. Adjusted NAV takes into account fund distributions.

Fees

Management fee p.a.

1.44%

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

1.88%

Singapore Sales Charges (in %)

6.00%

1) as at 30.09.2016

Latest dividend declaration

Distribution date

12.11.2018

Coupon number

22

Currency

SGD

Risks

  • Investments in China may be affected by legal uncertainties or other accompanying factors related to the political situation and economic and regulatory developments in China, and may entail additional risks and volatility. The fund may be subject to withholding and other taxes imposed in China. Tax laws, regulations and practice in China are subject to change and may be amended with retrospective effect. Investments in RMB involve the risk that Chinese government’s currency control and future movements in exchange rates may adversely affect the fund's value. The fund may use derivatives which may result in additional risks (particularly counterparty risk). Every fund has specific risks, which can significantly increase under unusual market conditions.
  • The monthly 6%-mdist distributing share classes may distribute capital as well as income. It is possible that the distributions result in an erosion of assets and a reduction of invested capital. There are potential negative tax consequences for some investors in some jurisdictions. Investors in some jurisdictions may incur a higher rate of tax on distributed capital than on any capital gains which are realised on disposal of fund shares. Some investors may therefore choose to invest in the accumulating (-acc) instead of the distributing (-dist) share classes. Investors may be taxed at a later point in time on income and capital arising on accumulating (-acc) share classes compared to distributing (-dist) share classes. Investors should seek their own tax advice.