UBS Global Allocation Fund (UK)

Matt Bance

Matt Bance

The UBS Global Allocation Fund (UK) aims to achieve long-term capital growth through active management of a diversified portfolio invested primarily in domestic and international equities and bonds and in units in UK and overseas regulated collective investment schemes.

The portfolio managers have considerable scope when making decisions to focus on those areas where they consider the most attractive return opportunities to be.

  • UBS currently runs a range of funds based on the Global Allocation Fund model and has been managing multi-asset portfolios for over 30 years.
  • The Fund benefits from UBS' Global Resources in asset allocation and security selection.
  • We believe the UBS Global Allocation Fund (UK), offers the potential to provide investors with an attractive risk/ return profile.

Past performance is not a guide to future performance. Changes in rates of exchange may cause the value of this investment to fluctuate. Bonds carry varying levels of underlying risk, including default risk, dependent upon their type. These range from gilts, which carry limited levels, to speculative/non-investment grade corporate bonds that carry higher levels of risk but with the potential for greater capital growth. The Fund has the ability to invest over 35% of its value in public securities issued/guaranteed by, or on behalf of, the UK Government (which include the Scottish Administration, the Executive Committee of the Northern Ireland Assembly and the National Assembly of Wales) or Australia, Austria, Belgium, Brazil, Canada, Chile, China, Denmark, Egypt, Finland, France, Germany, Greece, Hong Kong, Indonesia, India, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Norway, Peru, Philippines, Poland, Portugal, Russia, Singapore, South Korea, South Africa, Spain, Sweden, Switzerland, Thailand, Taiwan, Turkey, United States, and by the following public international bodies: US Federal Government (Treasuries and TIPs) and Government National Mortgage Association (GNMA). The Fund will use derivatives as part of its investment capabilities. This allows it to take ‘short positions' in some investments and we can sell a holding we do not own, on the anticipation that its value will fall. These instruments carry a material level of risk and the Fund could potentially experience higher levels of volatility should the market move against them. In order to trade in derivative instruments we enter into agreements with various counterparties. Whilst we assess the credit worthiness of each counterparty we enter into an agreement with, the Fund is at risk if that counterparty does not fulfil its obligations under the agreement. Investments in less developed markets may be more volatile than investments in more established markets. Less developed markets may have additional risks due to less established market practises. Poor liquidity may result in a holding being sold at a less favourable price, or another holding having to be sold instead.