Fact sheet: UBS (L)BdSIC-Brazil$

Fund information
Fund name
UBS (Lux) Bond SICAV - Brazil (USD) P Acc
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund managers
  • Igor Arseninsince 14/10/2015
  • Federico Kaunesince 12/10/2015
Fund objective
The fund invests in debt instruments issued by the Federative Republic of Brazil, international and supranational organisations or public-law entities, as well as private or public-private borrowers whose registered office and principal activity are in Brazil. The fund's aim is to be fully invested in BRL. Where necessary, however, extensive currency hedging is carried out.The fund aims to benefit from the upside potential of the bond market of Latin America's strongest economy as well as the upside potential of the BRL versus the USD.
Benchmark
  • JPM GBI EM Brazil Diversified
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
40.5%
1 Year rank in sector
1/218
Sector
FO Fixed Int - Emerging Markets
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.
1.55%
Fund size
£21m (£50m 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.
152
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$40.5%
Pictet Lat Am Lcl Cur Dt33.9%
Rubrics Ind Fxd Inc UCITS32.2%
Pioneer SICV-Emg Mkt Bd29%
Schroder ISF EmgMktBd28.3%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.2%-0.7%16.5%40.5%2.5%-7%
Sector-4.2%-3.4%2.8%6%-0.2%6.2%
Rank within sector171 / 22746 / 2257 / 2231 / 218104 / 16874 / 100
Quartile4th1st1st1st3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund46.1%-27.7%-2.5%-11.3%5.5%
Sector8.4%-7.3%-0.6%-7%14.7%
Rank within sector1 / 220203 / 203118 / 173110 / 12797 / 101
Quartile1st4th3rd4th4th
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.
1.67
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.
2.38
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
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%.
21.15
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.
15.7
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.
0.05
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.
0.65
Price movement
52 week high150.26
52 week low90.24
Current bid price-
Current offer price-
Current mid price138.55
Region
1Brazil99.98%
2USA0.02%
3Others0%
Industry sector
1Government Bonds99.18%
2Others0.82%
Asset type
1Brazilian Fixed Interest100%
Individual holdings
1BRAZIL LOCAL GOVERNMENT BONDS99.18%
Management
Fund manager group
UBS
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund objective
The fund invests in debt instruments issued by the Federative Republic of Brazil, international and supranational organisations or public-law entities, as well as private or public-private borrowers whose registered office and principal activity are in Brazil. The fund's aim is to be fully invested in BRL. Where necessary, however, extensive currency hedging is carried out.The fund aims to benefit from the upside potential of the bond market of Latin America's strongest economy as well as the upside potential of the BRL versus the USD.
Benchmark
  • JPM GBI EM Brazil Diversified
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Igor Arsenin14/10/2015
Federico Kaune12/10/2015Federico Kaune, Executive Director, joined Morgan Stanley in 2002 and has 7 years of investment experience. He is a portfolio manager and economic researcher for our Emerging Markets Debt portfolio. Prior to joining the Firm, he was a senior vice president and senior economist at Goldman Sachs & Co. Previously, he was an Economist at International Monetary Fund. Federico received a B.A. from University del Pacifico in Economics, an M.A. and Ph.D. from the University of Chicago in Economics. He is a member of the American Economic Association.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Spain, Finland, France, United Kingdom, Greece, Italy, Japan, Liechtenstein, Luxembourg, Netherlands, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
UBS (Lux) Bond SICAV - Brazil (USD) P Acc
Initial charge1.5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.57%
Bid price-
Offer price-
Mid price138.55
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDNG6
UBS (Lux) Bond SICAV - Brazil (USD) Q Acc
Initial charge2%
Annual charge0.64%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE9OQ
Data provided by

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