Fact sheet: UBS (L)BdSICAsnLCurBd$

Fund information
Fund name
UBS (Lux) Bond SICAV - Asian Local Currency Bond (USD) K-1 Acc
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund managers
  • Ashley Perrottsince 29/06/2012
  • Yii Hui Wongsince 12/10/2015
Fund objective
The diversified bond portfolio provides access to the local currency Asian bond market. The fund invests principally in local currency securities issued by Asian (ex-Japan)economies / borrowers, with a sovereign tilt. Currency exposure, country allocation, interest rate risk, sector rotation and security selection are actively managed. This actively managed fund aims to derive alpha from duration and yield curve positioning, currency and sector management.
Benchmark
  • JP Morgan Asia Broad Diversified
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
1.8%
1 Year rank in sector
-
Sector
FO Fixed Int - Asia Pacific
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.
0.97%
Fund size
£69m (£107m 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
LO AsiaValBd19.3%
Fidelity Asian Hi Yd17.9%
Eastspring Inv AHYBd14.8%
Ashmore Emg Mkts Asian CorpDebt13.9%
Matthews Asia Credit Opps11.5%
...more in FO Fixed Int - Asia Pacific

Performance snapshot

Holdings snapshot

  • Korea21.6%
    Indonesia16.9%
    Malaysia11.9%
    India10.5%
    Singapore10.3%
  • Government Bonds87%
    Mutual Funds9.3%
    Others2.1%
    Banks1.6%
    Financials0%
  • South Korean Fixed Interest21.6%
    Indonesian Fixed Interest16.9%
    Malaysian Fixed Interest11.9%
    Indian Fixed Interest10.5%
    Singapore Fixed Interest10.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%1.7%-6.7%1.8%1.2%-3.1%
Sector1.1%1.9%-1.6%6.9%8.2%12.5%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund2.6%-0.7%-4.3%3.9%-7%
Sector2.2%4.6%-2%3.7%-3.3%
Rank within sector-----
Quartile
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.
-2.87
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.
1.4
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%.
6.78
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.
3.25
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.
-0.6
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.
0.84
Price movement
52 week high5375464.8
52 week low4826470.46
Current bid price-
Current offer price-
Current mid price4957353.58
Region
1Korea21.63%
2Indonesia16.86%
3Malaysia11.92%
4India10.51%
5Singapore10.27%
6China9.43%
7Thailand8.06%
8Philippines7.15%
9Others4.18%
Industry sector
1Government Bonds86.96%
2Mutual Funds9.33%
3Others2.12%
4Banks1.57%
5Financials0.02%
Asset type
1South Korean Fixed Interest21.63%
2Indonesian Fixed Interest16.86%
3Malaysian Fixed Interest11.92%
4Indian Fixed Interest10.51%
5Singapore Fixed Interest10.27%
6Chinese Fixed Interest9.43%
7Thai Fixed Interest8.06%
8Philippine Fixed Interest7.15%
9Global Fixed Interest4.18%
Individual holdings
1UBS (LUX) INSTITUTIONAL SICAV II-MAINLAND CHINA FXD INC-FA28.97%
2KOREA(REPUBLIC OF) 1.5% NTS 10/06/19 KRW100006.17%
3KOREA(REPUBLIC OF) 4% BDS 10/12/31 KRW100003.44%
4MALAYSIA FRN 30/09/22 MYR1003.2%
5KOREA(REPUBLIC OF) 4.75% BDS 10/12/30 KRW100003.18%
6INDONESIA(REPUBLIC OF) 7% BDS 15/05/27 IDR10000003.07%
7SINGAPORE(GOVT OF) 2.125% BDS 01/06/26 SGD10002.86%
8INDONESIA(REPUBLIC OF) 7.875% BDS 15/04/19 IDR10000002.73%
9INDONESIA(REPUBLIC OF) 7% BDS 15/05/22 IDR10000002.49%
Management
Fund manager group
UBS
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund objective
The diversified bond portfolio provides access to the local currency Asian bond market. The fund invests principally in local currency securities issued by Asian (ex-Japan)economies / borrowers, with a sovereign tilt. Currency exposure, country allocation, interest rate risk, sector rotation and security selection are actively managed. This actively managed fund aims to derive alpha from duration and yield curve positioning, currency and sector management.
Benchmark
  • JP Morgan Asia Broad Diversified
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Ashley Perrott29/06/2012Ashley 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.
Yii Hui Wong12/10/2015
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, 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 - Asian Local Currency Bond (USD) (CHF hedged) P Acc
Initial charge1%
Annual charge1.12%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.48%
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price90.38
CurrencyCHF
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMTM6
UBS (Lux) Bond SICAV - Asian Local Currency Bond (USD) (CHF hedged) Q Acc
Initial charge1%
Annual charge0.64%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price100.87
CurrencyCHF
Price updated20/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFX6L
UBS (Lux) Bond SICAV - Asian Local Currency Bond (USD) (EUR hedged) P Acc
Initial charge1%
Annual charge1.12%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.47%
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price93.7
CurrencyEUR
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMIR8
UBS (Lux) Bond SICAV - Asian Local Currency 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)0.87%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price101.72
CurrencyEUR
Price updated20/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFX6M
UBS (Lux) Bond SICAV - Asian Local Currency Bond (USD) (SGD hedged) P Mdist
Initial charge1%
Annual charge1.12%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.47%
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price78.1
CurrencySGD
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMTM7
UBS (Lux) Bond SICAV - Asian Local Currency Bond (USD) F Acc
Initial charge1%
Annual charge0.42%
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 price99.43
CurrencyUSD
Price updated20/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF9NM
UBS (Lux) Bond SICAV - Asian Local Currency Bond (USD) K-1 Acc
Initial charge1%
Annual charge0.72%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)0.96%
Bid price-
Offer price-
Mid price4957353.58
CurrencyUSD
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMTM5
UBS (Lux) Bond SICAV - Asian Local Currency Bond (USD) P Acc
Initial charge1%
Annual charge1.12%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.48%
Total expense ratio (TER)1.47%
Bid price-
Offer price-
Mid price96.19
CurrencyUSD
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMIR7
UBS (Lux) Bond SICAV - Asian Local Currency Bond (USD) P Mdist
Initial charge1%
Annual charge1.12%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.47%
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price79.15
CurrencyUSD
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMTM8
UBS (Lux) Bond SICAV - Asian Local Currency Bond (USD) Q Acc
Initial charge1%
Annual charge0.64%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price102.12
CurrencyUSD
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFGLB
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.