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 03/10/2011
  • Kevin Ziyi Zhaosince 15/10/2012
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
5.9%
1 Year rank in sector
137/287
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
£107m (£134m 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.
64
Top in this sector
Fund name1 Year
Capital Group GHIOL33.2%
Aberdeen Global II GlGovtBd27.8%
Baring Intl Bd26.8%
Russell Gbl Bd26.5%
Capital Group GBdFL26.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • Canada18.3%
    Sweden12.9%
    Singapore12.4%
    New Zealand12.3%
    Norway12.3%
  • Government Bonds72.5%
    Local Government Bonds7.9%
    Banks7.3%
    Fixed Interest5.6%
    Money Market3.3%
  • Canadian Fixed Interest18.3%
    Swedish Fixed Interest12.9%
    Singapore Fixed Interest12.4%
    New Zealand Fixed Interest12.3%
    Norwegian Fixed Interest12.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%0.2%2.4%5.9%-14.3%-
Sector-0.2%2.5%4.2%5.5%8.6%16.6%
Rank within sector242 / 304283 / 302224 / 300137 / 287224 / 227-
Quartile4th4th3rd2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund5.8%-9.7%-8.9%-4.8%5.2%
Sector6.2%-1.6%3.7%-1.6%8.2%
Rank within sector161 / 296270 / 276234 / 237160 / 204115 / 170
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.
-8.14
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.
1.51
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%.
7.79
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.
6.82
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.
-1.01
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.
0.26
Price movement
52 week high86.46
52 week low77.91
Current bid price-
Current offer price-
Current mid price85.5
Region
1Canada18.26%
2Sweden12.91%
3Singapore12.44%
4New Zealand12.35%
5Norway12.29%
6Australia9%
7USA8.25%
8Others6.68%
9Money Market5.56%
Industry sector
1Government Bonds72.53%
2Local Government Bonds7.86%
3Banks7.32%
4Fixed Interest5.6%
5Money Market3.34%
6Others3.11%
7Financials0.24%
Asset type
1Canadian Fixed Interest18.26%
2Swedish Fixed Interest12.91%
3Singapore Fixed Interest12.44%
4New Zealand Fixed Interest12.35%
5Norwegian Fixed Interest12.29%
6Australian Fixed Interest9%
7US Fixed Interest8.25%
8Global Fixed Interest6.68%
9Money Market5.56%
Individual holdings
1NORWAY(KINGDOM OF) 4.5% BDS 22/05/19 NOK100012.24%
2SWEDEN(KINGDOM OF) 4.25% BDS 12/03/19 SEK100011.88%
3SINGAPORE(GOVT OF) 4% BDS 1/9/18 SGD10007.65%
4CANADA(GOVT OF) 1.25% BDS 01/09/18 CAD10007.18%
5NEW ZEALAND(GOVERNMENT OF) 5% BDS 15/03/19 NZD10005.99%
6CANADA(GOVT OF) 1.75% BDS 01/03/19 CAD10004.11%
7UNITED STATES OF AMER TREAS NOTES 0% NTS 15/01/23 USD10004%
8NEW ZEALAND(GOVERNMENT OF) 3% BDS 15/04/20 NZD100003.51%
9SINGAPORE(GOVT OF) 0% NTS 01/04/18 SGD10003.29%
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 Oster03/10/2011
Kevin Ziyi Zhao15/10/2012
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)0.94%
Bid price-
Offer price-
Mid price88.85
CurrencyCHF
Price updated22/09/2016
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 updated18/04/2016
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)0.6%
Bid price-
Offer price-
Mid price3125572.99
CurrencyEUR
Price updated22/09/2016
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 updated16/09/2016
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)0.94%
Bid price-
Offer price-
Mid price103.77
CurrencyEUR
Price updated22/09/2016
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)0.52%
Bid price-
Offer price-
Mid price104.46
CurrencyEUR
Price updated22/09/2016
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 updated09/09/2013
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)0.94%
Bid price-
Offer price-
Mid price85.5
CurrencyUSD
Price updated22/09/2016
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)0.94%
Bid price-
Offer price-
Mid price76.58
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0GHI
Data provided by

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