Fact sheet: UBS (L)BdSIC-EURCorp€

Fund information
Fund name
UBS (Lux) Bond SICAV - EUR Corporates (EUR) P Acc
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund managers
  • Martine Wehlen-Bodésince 21/02/2014
  • Leonardo Brennasince 21/02/2014
Fund objective
The fund invests predominantly in EUR-denominated investment-grade corporate bonds.The fund focuses on careful stock and security selection as well as active duration managementThe investment objective is to achieve the most attractive return possible based on the performance of the EUR corporates market.The fund is appropriate for investors seeking to achieve an attractive return by investing in a broadly diversified EUR portfolio of corporate bonds.
Benchmark
  • Barclays Euro Aggregate 500mio+ Corporate Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
2.3%
1 Year rank in sector
16/41
Sector
FO Fixed Int - EUR Corporate Bond
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.
1.19%
Fund size
£689m (£243m 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.
69
Top in this sector
Fund name1 Year
Schroder ISF €Cp Bd4%
LO SelTheCredit Bd EUR3.7%
JI High Grade Corporate Bonds CL3.4%
Morg Stnly Euro Corp Bond3.3%
T. Rowe Price Euro Corp Bd2.9%
...more in FO Fixed Int - EUR Corporate Bond

Performance snapshot

Holdings snapshot

  • France21.7%
    USA15%
    UK14.3%
    Germany12%
    Others9.7%
  • Financials46.4%
    Industrials40.2%
    Utilities10.4%
    Government Guaranteed2.6%
    Government Bonds0.3%
  • French Fixed Interest21.7%
    US Fixed Interest15%
    UK Fixed Interest14.3%
    German Fixed Interest12%
    Global Fixed Interest9.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.8%-2.7%0.2%2.3%8.2%26.7%
Sector-1.6%-2.1%1%2.5%9.4%29.3%
Rank within sector40 / 4341 / 4228 / 4216 / 4128 / 3927 / 34
Quartile4th4th3rd2nd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund3.5%-1.7%6.8%1.6%12.8%
Sector3.6%-1%6.9%2.2%13.3%
Rank within sector14 / 4136 / 4131 / 3932 / 3821 / 34
Quartile2nd4th4th4th3rd
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.
-0.46
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.
1.03
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%.
3.18
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.
0.62
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.
-0.58
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.
0.96
Price movement
52 week high15.36
52 week low14.24
Current bid price-
Current offer price-
Current mid price14.88
Region
1France21.65%
2USA15%
3UK14.31%
4Germany11.99%
5Others9.74%
6Netherlands7.93%
7Spain7.17%
8Switzerland6.47%
9Italy3.65%
Industry sector
1Financials46.38%
2Industrials40.17%
3Utilities10.4%
4Government Guaranteed2.58%
5Government Bonds0.35%
6Money Market0.12%
Asset type
1French Fixed Interest21.65%
2US Fixed Interest15%
3UK Fixed Interest14.31%
4German Fixed Interest11.99%
5Global Fixed Interest9.74%
6Dutch Fixed Interest7.93%
7Spanish Fixed Interest7.17%
8Swiss Fixed Interest6.47%
9Italian Fixed Interest3.65%
Individual holdings
1ING BANK NV 3.625% BDS 25/02/26 USD1000002.05%
2ABBEY NATIONAL TREASURY SERVICES 2% NTS 14/01/19 EUR10001.64%
3JP MORGAN CHASE (subordinated) FIX-TO-FRN 4.375%/06-30.11.20211.42%
4ANHEUSER-BUSCH INBEV SA/NV 2% NTS 17/03/28 EUR10001.39%
5ENEL FINANCE INTL NV 1.375% MTN 01/06/26 EUR1000001.32%
6VOLKSWAGEN INTERNATIONAL FINANCE NV UNDATED FRN EUR1000001.29%
7HSBC BANK PLC 3.375% SUB NTS 10/01/24 EUR1000001.28%
8DAIMLER AG 2% BDS 07/04/20 EUR10001.27%
9ENAGAS SA 1.25% MTN 06/02/25 EUR1000001.24%
Management
Fund manager group
UBS
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund objective
The fund invests predominantly in EUR-denominated investment-grade corporate bonds.The fund focuses on careful stock and security selection as well as active duration managementThe investment objective is to achieve the most attractive return possible based on the performance of the EUR corporates market.The fund is appropriate for investors seeking to achieve an attractive return by investing in a broadly diversified EUR portfolio of corporate bonds.
Benchmark
  • Barclays Euro Aggregate 500mio+ Corporate Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Martine Wehlen-Bodé21/02/2014
Leonardo Brenna21/02/2014Leonardo Brenna is responsible for the strategy and management of EUR Money Market, EUR Short term, EUR Investment Grade Credit portfolios, mutual funds as well as segregated mandates. Leonardo is a member of the Euro Cor porate Strategy committee as well as the European Fixed Income Strategy committee. Additionally he is a member of the European Money Market committee which sets the strategies for all short duration mandates within EMEA. Leonardo joined the former Union Bank of Sw itzerland in 1992 to work in the fields of private banking, corporate finance and fixed income asset management. In 1996 he relocated to UBS Luxembourg to take up the position of PortfolioManager (PM) for UBS money market funds and institutional clients. In 1998 he joined the Fixed Income team in Zurich as a PM. Throughout his career he has been managing money market and bond portfolios in a multitude of currencies and risk classes in the single currency area.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Italy, Republic Of Korea, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Sweden
UBS (Lux) Bond SICAV - EUR Corporates (EUR) (CHF hedged) P Acc
Initial charge1%
Annual charge0.91%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price115.84
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF0NR
UBS (Lux) Bond SICAV - EUR Corporates (EUR) (CHF hedged) Q Acc
Initial charge1%
Annual charge0.48%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)0.69%
Bid price-
Offer price-
Mid price102.97
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXDE
UBS (Lux) Bond SICAV - EUR Corporates (EUR) (CHF hedged) U-X Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.01%
Total expense ratio (TER)0.02%
Bid price-
Offer price-
Mid price10090.4
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE7UL
UBS (Lux) Bond SICAV - EUR Corporates (EUR) (RMB Hedged) P-m Mdist
Initial charge1%
Annual charge0.91%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price1035.51
CurrencyCNH
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFGVW
UBS (Lux) Bond SICAV - EUR Corporates (EUR) (RMB hedged) K-1 Md
Initial charge1%
Annual charge0.48%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price36293565.88
CurrencyCNH
Price updated16/08/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFHHR
UBS (Lux) Bond SICAV - EUR Corporates (EUR) (USD hedged) P Mdist
Initial charge1%
Annual charge0.91%
Min single investment£100
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price100.46
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFHIL
UBS (Lux) Bond SICAV - EUR Corporates (EUR) F Acc
Initial charge1%
Annual charge0.29%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.37%
Total expense ratio (TER)0.38%
Bid price-
Offer price-
Mid price15.27
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDPQ
UBS (Lux) Bond SICAV - EUR Corporates (EUR) I-B Acc
Initial charge-
Annual charge-
Min single investment£100
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)0.08%
Bid price-
Offer price-
Mid price108
CurrencyEUR
Price updated06/03/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFHNP
UBS (Lux) Bond SICAV - EUR Corporates (EUR) P Acc
Initial charge1%
Annual charge0.91%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price14.88
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeUH81
UBS (Lux) Bond SICAV - EUR Corporates (EUR) Q Acc
Initial charge1%
Annual charge0.48%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price103.62
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXDD
UBS (Lux) Bond SICAV - EUR Corporates (EUR) U-X
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.01%
Total expense ratio (TER)0.02%
Bid price-
Offer price-
Mid price11201.9
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFQFJ
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