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UBS (Lux) Bond Fund - Euro High Yield (EUR) (JPY hedged) P-mdist

Net asset value 9,341.00 JPY

Last update

06.12.2018

ISIN: LU1545771492

General information

Name of fund

UBS (Lux) Bond Fund - Euro High Yield (EUR)

Share class

UBS (Lux) Bond Fund - Euro High Yield (EUR) (JPY hedged) P-mdist

ISIN

LU1545771492

Fund domicile

LU

Fund type

open-end

Reference Index

No representative reference index is available

Launch date

13.01.2017

Currency of share class

JPY

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.
  • The exchange rate risk between EUR and JPY is largely hedged.

Current fund data and tax figures

NAV Date

06 Dec 2018

Official NAV per share

9,341.00

Total fund assets (EUR m)

2,016

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. 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.

1.01%

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

1.33%

Singapore Sales Charges (in %)

none

1) as at 30.03.2018

Latest dividend declaration

Distribution date

15.11.2018

Coupon number

22

Currency

JPY

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.