UBS Multi-Asset Income Fund

Fund Manager
Philip Brides

Strategist
Matt Bance

The UBS Multi-Asset Income Fund launched on 30 October 2009 and sits within the IA Mixed Investment 20% - 60% Shares Cautious Managed sector.

The Fund seeks to provide an income through a diversified portfolio of investments. Whilst capital growth is not a primary consideration, opportunities for growth may occur if market conditions are favourable.

'The UBS Multi-Asset Income Fund is managed by our Solutions team. The team has been managing multi-asset portfolios for over 30 years.

  • A multi-asset fund focused on generating income
  • Quarterly income distribution
  • Diversification globally as well as across and within asset classes
  • Offering potential for inflation protection

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. As the annual management fee of the Fund is charged to capital, the potential capital growth of the Fund will be reduced.