Fact sheet: UBS (L)BFulCycAbd$

Fund information
Fund name
UBS (Lux) Bond - Full Cycle Asian Bond (USD) P Acc
Fund manager company
UBS AG
Fund type
No data available.
Fund managers
  • Ashley Perrottsince 30/06/2012
  • Ross Dilkessince 01/02/2014
Fund objective
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.
Benchmark
  • JP Morgan Asia Credit Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4.6%
1 Year rank in sector
13/38
Sector
FO Fixed Int - USD
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.57%
Fund size
£253m (£358m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
78
Top in this sector
Fund name1 Year
Ashmore Emg Mkt Sovrn Dbt13.7%
CG Gearing Portfolio13.6%
Nordea 1 US Tot Ret Bd13.3%
NN (L) EM DebtHC10.3%
Pimco GIS Income8.7%
...more in FO Fixed Int - USD

Performance snapshot

Holdings snapshot

  • China32.7%
    Korea18.8%
    Hong Kong13.2%
    Indonesia8.4%
    Singapore6.5%
  • Banks23.4%
    Financials13.4%
    Government Bonds12.8%
    Others11.7%
    Real Estate9.2%
  • Chinese Fixed Interest32.7%
    South Korean Fixed Interest18.8%
    Hong Kong Fixed Interest13.2%
    Indonesian Fixed Interest8.4%
    Singapore Fixed Interest6.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%2.3%-1%4.6%15%24.8%
Sector0%1.7%-0.2%4.7%7.6%14.5%
Rank within sector16 / 4012 / 3923 / 3913 / 386 / 344 / 20
Quartile2nd2nd3rd2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund2.1%5.2%2.2%7.4%-2.5%
Sector1.4%5%-0.5%3.4%0%
Rank within sector9 / 3911 / 379 / 353 / 3118 / 27
Quartile1st2nd2nd1st3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
2.1
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.12
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.44
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
3.37
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
1.74
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
1.37
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.74
Price movement
52 week high142.84
52 week low135.2
Current bid price-
Current offer price-
Current mid price141.16
Region
1China32.7%
2Korea18.82%
3Hong Kong13.22%
4Indonesia8.42%
5Singapore6.5%
6Philippines5.91%
7Others5.07%
8India4.06%
9Malaysia3.12%
Industry sector
1Banks23.42%
2Financials13.44%
3Government Bonds12.8%
4Others11.66%
5Real Estate9.18%
6Oil & Gas7.75%
7Commodity & Energy6.53%
8Mutual Funds5.7%
9Transport5.31%
Asset type
1Chinese Fixed Interest32.7%
2South Korean Fixed Interest18.82%
3Hong Kong Fixed Interest13.22%
4Indonesian Fixed Interest8.42%
5Singapore Fixed Interest6.5%
6Philippine Fixed Interest5.91%
7Global Fixed Interest5.07%
8Indian Fixed Interest4.06%
9Malaysian Fixed Interest3.12%
Individual holdings
1UBS (LUX) BOND SICAV - ASIAN INVESTMENT GRADE BONDS (USD) U-X-ACC5.62%
2NEXEN INC 5.875% BDS 10/03/35 USD10004.06%
3INDONESIA(REPUBLIC OF) 3.75% BDS 25/04/22 USD200000 REG S3.13%
4STATE GRID OVERSEAS INVT 2014 LTD 4.125% BDS 07/05/24 USD200000REG S2.97%
5BANK OF CHINA LTD HONG KONG BRANCH 2.375% BDS 01/03/21 USD2000002.66%
6WOORI BANK KOREA VAR UNDATED NTS USD200000REG S2.54%
7KOREA HOUSING FINANCE CORP 0% BDS 10/10/21 USD1000REG S2.46%
8KOREAN AIR LINES CO 2.5% SNR UNSEC BDS 25/11/45 USD2000002.45%
9CHINA CONSTRUCTION BANK 3.875% NTS 13/05/25 USD2000002.15%
Management
Fund manager group
UBS
Fund manager company
UBS AG
Fund type
No data available.
Fund objective
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.
Benchmark
  • JP Morgan Asia Credit Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Ashley Perrott30/06/2012Ashley Perrott has overall responsibility for all Pan Asia fixed income activities and strategy. He is responsible for Pan Asia interest rate and sector allocation strategies. Prior to taking on his current role, Ashley had been an investment specialist for the Pan Asia fixed income capability where he was responsible for communicating and developing Asian and global fixed income strategies and was a member of the Pan Asia fixed income strategy team. Ashley joined UBS Global Asset Management in 2004 based in Sydney. Prior to this, Ashley gained extensive fund management experience covering a wide variety of investment markets and clients. He was Head of Fixed Income at Westpac Investment Management for 5 years where his team was responsible for the management of all cash and fixed interest funds. Ashley has also previously worked as Head of Fixed Income at Barclays Global Investors (Australia) for 3 years and as a senior portfolio manager with AMP Investments for over 10 years, both in Australia and London.
Ross Dilkes01/02/2014
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Italy, Japan, Republic Of Korea, Liechtenstein, Luxembourg, Netherlands, Offshore, Singapore, Sweden, Taiwan - Province Of China
UBS (Lux) Bond - Full Cycle Asian Bond (USD) (EUR hedged) F Acc
Initial charge1%
Annual charge0.42%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.54%
Total expense ratio (TER)0.54%
Bid price-
Offer price-
Mid price143.58
CurrencyEUR
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF9LB
UBS (Lux) Bond - Full Cycle Asian Bond (USD) (EUR hedged) P Acc
Initial charge1%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)1.56%
Bid price-
Offer price-
Mid price138.26
CurrencyEUR
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI9V1
UBS (Lux) Bond - Full Cycle Asian Bond (USD) (EUR hedged) P Dist
Initial charge1%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)1.56%
Bid price-
Offer price-
Mid price109.35
CurrencyEUR
Price updated24/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI9V2
UBS (Lux) Bond - Full Cycle Asian Bond (USD) (EUR hedged) Q Acc
Initial charge1%
Annual charge0.64%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price107.91
CurrencyEUR
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFX9T
UBS (Lux) Bond - Full Cycle Asian Bond (USD) (EUR hedged) Q Dist
Initial charge1%
Annual charge0.64%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.92%
Bid price-
Offer price-
Mid price106
CurrencyEUR
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFX9U
UBS (Lux) Bond - Full Cycle Asian Bond (USD) (SGD hedged) P Acc
Initial charge1%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)1.56%
Bid price-
Offer price-
Mid price136.59
CurrencySGD
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ2L4
UBS (Lux) Bond - Full Cycle Asian Bond (USD) K-1 Acc
Initial charge6%
Annual charge0.72%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price6621251.6
CurrencyUSD
Price updated31/12/2014
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI9U8
UBS (Lux) Bond - Full Cycle Asian Bond (USD) P Acc
Initial charge1%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)1.56%
Bid price-
Offer price-
Mid price141.16
CurrencyUSD
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI9U6
UBS (Lux) Bond - Full Cycle Asian Bond (USD) P Mdist
Initial charge1%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)1.56%
Bid price-
Offer price-
Mid price97.33
CurrencyUSD
Price updated24/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI9U7
UBS (Lux) Bond - Full Cycle Asian Bond (USD) Q Acc
Initial charge1%
Annual charge0.64%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.86%
Bid price-
Offer price-
Mid price108.4
CurrencyUSD
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFUGI
UBS (Lux) Bond - Full Cycle Asian Bond (USD) Q Mdist
Initial charge1%
Annual charge0.64%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.88%
Bid price-
Offer price-
Mid price102.7
CurrencyUSD
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE15F
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.