Fact sheet: UBS (L)BdSICEmrgEur€

Fund information
Fund name
UBS (Lux) Bond SICAV - Emerging Europe (EUR) P Acc
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund managers
  • Federico Kaunesince 05/07/2015
  • Igor Arseninsince 07/11/2016
Fund objective
The fund invests mainly in government and selected corporate bonds of issuers with varying ratings from Central and Eastern European countries. The bonds in the portfolio are denominated mainly in euro and European national currencies. The investment objective is to make pro-active use of earnings potential in the bond markets of Central and Eastern European countries and in changes in their exchange rates.
Benchmark
  • UBS Customized Benchmark
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
5.9%
1 Year rank in sector
177/219
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.
1.39%
Fund size
£70m (£44m 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.
81
Top in this sector
Fund name1 Year
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Pictet Lat Am Lcl Cur Dt34.5%
Gramercy Allct Emg Mket Debt31.2%
Ashmore EMHghYldCrDb29.8%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Poland23.1%
    Turkey17.4%
    Russia15.4%
    Romania10.2%
    Others10%
  • Government Bonds80%
    Financials8.6%
    Banks6%
    Fishery, Agriculture & Forestry2.3%
    Oil & Gas0.9%
  • Polish Fixed Interest23.1%
    European Emerging Fixed Interest20.1%
    Middle East & African Fixed Interest17.4%
    Russian Fixed Interest15.4%
    Global Fixed Interest10%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%1.3%-2.1%5.9%20%41.2%
Sector1%4.5%1.4%9.4%5.7%6%
Rank within sector183 / 234220 / 233212 / 226177 / 21925 / 1756 / 102
Quartile4th4th4th4th1st1st
Calendar performance
 YTD - 20172016201520142013
Fund1.4%7.8%6.6%1.5%1.8%
Sector4%10.2%-7.3%-0.6%-7%
Rank within sector215 / 233158 / 2188 / 20187 / 1692 / 124
Quartile4th3rd1st3rd1st
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.
4.8
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.
0.61
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.
0.34
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%.
6.65
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.
5.71
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.
0.71
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.
0.46
Price movement
52 week high204.15
52 week low188.13
Current bid price-
Current offer price-
Current mid price199.96
Region
1Poland23.06%
2Turkey17.38%
3Russia15.37%
4Romania10.21%
5Others9.97%
6Hungary8.57%
7Bulgaria5.93%
8Croatia4.01%
9Kazakhstan2.76%
Industry sector
1Government Bonds79.98%
2Financials8.63%
3Banks5.95%
4Fishery, Agriculture & Forestry2.25%
5Oil & Gas0.91%
6Transport0.81%
7Fixed Interest0.75%
8Services0.31%
9Others0.24%
Asset type
1Polish Fixed Interest23.06%
2European Emerging Fixed Interest20.15%
3Middle East & African Fixed Interest17.38%
4Russian Fixed Interest15.37%
5Global Fixed Interest9.97%
6Hungarian Fixed Interest8.57%
7Kazakhstan Fixed Interest2.76%
8European Fixed Interest2.74%
Individual holdings
1POLAND(STATE TREASURY OF) 5.25% BDS 25/10/17 PLN1000 DS 10173.73%
2VEB FINANCE PLC 4.032% BDS 21/02/23 EUR1000 REG S3.72%
3ROMANIA(REPUBLIC OF) 2.75% MTN 29/10/25 EUR10003.28%
4CROATIA(REPUBLIC OF) 3.875% NTS 30/05/22 EUR10002.86%
5TURKEY(REPUBLIC OF) 9.4% BDS 08/07/20 TRY10002.66%
6POLAND(STATE TREASURY OF) 5.75% BDS 25/10/21 PLN10002.56%
7KAZAGRO NATL MGMT HLDGS 3.255% MTN 22/05/19 EUR1000002.23%
8RUSSIAN FEDERATION MINISTRY FINANCE 7.05% BDS 19/01/28 RUB10002.2%
9LATVIA(REPUBLIC OF) 1% BDS 06/10/26 EUR1000002.15%
Management
Fund manager group
UBS
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund objective
The fund invests mainly in government and selected corporate bonds of issuers with varying ratings from Central and Eastern European countries. The bonds in the portfolio are denominated mainly in euro and European national currencies. The investment objective is to make pro-active use of earnings potential in the bond markets of Central and Eastern European countries and in changes in their exchange rates.
Benchmark
  • UBS Customized Benchmark
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Federico Kaune05/07/2015Federico 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.
Igor Arsenin07/11/2016
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Greece, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
UBS (Lux) Bond SICAV - Emerging Europe (EUR) P Acc
Initial charge1.5%
Annual charge1.06%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.39%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price199.96
CurrencyEUR
Price updated21/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeU424
UBS (Lux) Bond SICAV - Emerging Europe (EUR) P Dist
Initial charge1.5%
Annual charge1.06%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.39%
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price128.15
CurrencyEUR
Price updated21/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeU425
UBS (Lux) Bond SICAV - Emerging Europe (EUR) Q Acc
Initial charge1.5%
Annual charge0.58%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price107.83
CurrencyEUR
Price updated21/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE22K
UBS (Lux) Bond SICAV - Emerging Europe (EUR) Q Dist
Initial charge1.5%
Annual charge0.58%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price103.22
CurrencyEUR
Price updated21/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE22L
Data provided by

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