Fact sheet: UBS (L)BdSIC-CurDvsf$

Fund information
Fund name
UBS (Lux) Bond SICAV - Currency Diversifier (USD) P Acc
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund managers
  • Lionel Ostersince 02/10/2011
  • Kevin Ziyi Zhaosince 14/10/2012
Fund objective
The actively managed fund gains currency exposure as its major return driver by investing in unhedged bonds in markets from smaller developed higher-quality countries. The fund carefully selects within the investment universe of money market instruments, government and quasi-government bonds, and opportunistically adds high-quality corporate bonds (rating A or higher). The fund portfolio’s average remaining maturity usually lies between 1 and 3 years.
Benchmark
  • Customized Reference Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
0.6%
1 Year rank in sector
246/295
Sector
FO Fixed Int - Global
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.
0.95%
Fund size
£98m (£120m 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.
68
Top in this sector
Fund name1 Year
Capital Group GHIOL33.6%
Dodge & Cox Global Bond25.9%
HSBC GIF Gbl AsBk Bd24.3%
Morg Stnly Gbl Mrtg Securts23.8%
Russell Gbl Bd22.8%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • Canada19.3%
    Sweden13%
    Australia12.3%
    Singapore12.2%
    Norway12%
  • Government Bonds77.4%
    Banks8%
    Local Government Bonds5.1%
    Fixed Interest4.7%
    Others3.4%
  • Canadian Fixed Interest19.3%
    Swedish Fixed Interest13%
    Australian Fixed Interest12.3%
    Singapore Fixed Interest12.2%
    Norwegian Fixed Interest12%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.2%-4.2%-3%0.6%-16%-16.6%
Sector-1.8%-2.2%0.6%3.2%5.9%13.5%
Rank within sector202 / 315250 / 312264 / 307246 / 295233 / 236168 / 169
Quartile3rd4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund2%-9.7%-8.9%-4.8%5.2%
Sector3.9%-1.6%3.7%-1.6%8.2%
Rank within sector199 / 299269 / 275233 / 236163 / 206114 / 171
Quartile3rd4th4th4th3rd
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.
-8.04
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.
1.34
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.
-0.01
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%.
7.55
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.
6.6
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.
-1.16
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.
0.25
Price movement
52 week high86.46
52 week low77.91
Current bid price-
Current offer price-
Current mid price82.37
Region
1Canada19.34%
2Sweden12.97%
3Australia12.33%
4Singapore12.21%
5Norway12.03%
6New Zealand8.65%
7USA8.56%
8Others6.79%
9Money Market4.78%
Industry sector
1Government Bonds77.38%
2Banks7.96%
3Local Government Bonds5.07%
4Fixed Interest4.72%
5Others3.37%
6Money Market1.26%
7Financials0.25%
Asset type
1Canadian Fixed Interest19.34%
2Swedish Fixed Interest12.97%
3Australian Fixed Interest12.33%
4Singapore Fixed Interest12.21%
5Norwegian Fixed Interest12.03%
6New Zealand Fixed Interest8.65%
7US Fixed Interest8.56%
8Global Fixed Interest6.79%
9Money Market4.78%
Individual holdings
1NORWAY(KINGDOM OF) 4.5% BDS 22/05/19 NOK100011.9%
2SWEDEN(KINGDOM OF) 4.25% BDS 12/03/19 SEK100011.81%
3SINGAPORE(GOVT OF) 4% BDS 1/9/18 SGD10007.82%
4CANADA(GOVT OF) 1.25% BDS 01/09/18 CAD10007.43%
5NEW ZEALAND(GOVERNMENT OF) 5% BDS 15/03/19 NZD10006.13%
6AUSTRALIA(COMMONWEALTH OF) 5.25% BDS 15/03/19 AUD10005.19%
7UNITED STATES OF AMER TREAS NOTES 0% NTS 15/01/23 USD10003.94%
8CANADA(GOVT OF) 1.75% BDS 01/03/19 CAD10003.4%
9AUSTRALIA(COMMONWEALTH OF) 1.75% BDS 21/11/20 AUD10002.84%
Management
Fund manager group
UBS
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund objective
The actively managed fund gains currency exposure as its major return driver by investing in unhedged bonds in markets from smaller developed higher-quality countries. The fund carefully selects within the investment universe of money market instruments, government and quasi-government bonds, and opportunistically adds high-quality corporate bonds (rating A or higher). The fund portfolio’s average remaining maturity usually lies between 1 and 3 years.
Benchmark
  • Customized Reference Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Lionel Oster02/10/2011
Kevin Ziyi Zhao14/10/2012
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, France, United Kingdom, Italy, Liechtenstein, Luxembourg, Netherlands, Offshore, Portugal, Singapore, Sweden
UBS (Lux) Bond SICAV - Currency Diversifier (USD) (CHF) P Acc
Initial charge1%
Annual charge0.72%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.96%
Bid price-
Offer price-
Mid price89.48
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0OE7
UBS (Lux) Bond SICAV - Currency Diversifier (USD) (EUR) F Acc
Initial charge1%
Annual charge0.26%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.33%
Total expense ratio (TER)0.33%
Bid price-
Offer price-
Mid price104.84
CurrencyEUR
Price updated17/04/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFALL
UBS (Lux) Bond SICAV - Currency Diversifier (USD) (EUR) K-1 Acc
Initial charge1%
Annual charge0.44%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price3158156.71
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF02I
UBS (Lux) Bond SICAV - Currency Diversifier (USD) (EUR) N Acc
Initial charge1%
Annual charge1.28%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.63%
Bid price-
Offer price-
Mid price93.47
CurrencyEUR
Price updated15/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF36Z
UBS (Lux) Bond SICAV - Currency Diversifier (USD) (EUR) P Acc
Initial charge1%
Annual charge0.72%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price104.78
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0M9R
UBS (Lux) Bond SICAV - Currency Diversifier (USD) (EUR) Q Acc
Initial charge1%
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)0.55%
Bid price-
Offer price-
Mid price105.57
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF02J
UBS (Lux) Bond SICAV - Currency Diversifier (USD) K-1 Acc
Initial charge6%
Annual charge0.44%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price4904444.05
CurrencyUSD
Price updated08/09/2013
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0K5I
UBS (Lux) Bond SICAV - Currency Diversifier (USD) P Acc
Initial charge1%
Annual charge0.72%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.97%
Bid price-
Offer price-
Mid price82.37
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0GHJ
UBS (Lux) Bond SICAV - Currency Diversifier (USD) P Dist
Initial charge1%
Annual charge0.72%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.97%
Bid price-
Offer price-
Mid price73.77
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0GHI
Data provided by

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