Fact sheet: UBS (L)BdSICGblCor$

Fund information
Fund name
UBS (Lux) Bond SICAV - Global Corporates (USD) (EUR hedged) I-X Acc
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund managers
  • Jonathan Gregorysince 21/02/2014
  • Vivek Acharyasince 09/12/2015
Fund objective
UBS Lux Bond SICAV - Global Corporates USD is an open-end investment fund incorporated in Luxembourg. The Fund's objective is income and growth. The Fund invests mainly in global, investment grade, fixed- and variable rate securities Additionally, the Fund can invest in various participation certificates, warrant linked bonds, money market instruments, and other debentures.
Benchmark
  • Bloomberg Barclays Global Aggregate Corporate Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4.6%
1 Year rank in sector
87/295
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.
0.01%
Fund size
£488m (£528m 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.
74
Top in this sector
Fund name1 Year
Capital Group GHIOL35.6%
Dodge & Cox Global Bond27.3%
HSBC GIF Gbl AsBk Bd24.3%
SKAGEN Tellus23.4%
Russell Gbl Bd23.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • USA48.1%
    UK14.5%
    Others12.8%
    Australia6.4%
    Netherlands4.7%
  • Industrials44.6%
    Financials36.3%
    Utilities10.7%
    Government Guaranteed4.1%
    Money Market2.4%
  • US Fixed Interest48.1%
    UK Fixed Interest14.5%
    Global Fixed Interest12.8%
    Australian Fixed Interest6.4%
    Dutch Fixed Interest4.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.6%-2.6%-0%4.6%13%-
Sector-1.6%-2.1%0.7%3.5%6.2%13.7%
Rank within sector171 / 315175 / 312172 / 30687 / 29554 / 235-
Quartile3rd3rd3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund5.3%-0.9%7.8%--
Sector4.2%-1.6%3.7%-1.6%8.2%
Rank within sector87 / 298135 / 27451 / 235--
Quartile2nd2nd1st
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.
1.59
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.
1.22
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.
0.11
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%.
3.62
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.
1.38
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.
1.44
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.
0.88
Price movement
52 week high115.92
52 week low105.75
Current bid price-
Current offer price-
Current mid price112.44
Region
1USA48.07%
2UK14.53%
3Others12.85%
4Australia6.4%
5Netherlands4.72%
6France4.26%
7Germany2.9%
8Switzerland2.47%
9Spain2%
Industry sector
1Industrials44.62%
2Financials36.27%
3Utilities10.72%
4Government Guaranteed4.14%
5Money Market2.37%
6Asset/Mortgage-Backed Securities1.89%
Asset type
1US Fixed Interest48.07%
2UK Fixed Interest14.53%
3Global Fixed Interest12.85%
4Australian Fixed Interest6.4%
5Dutch Fixed Interest4.72%
6French Fixed Interest4.26%
7German Fixed Interest2.9%
8Swiss Fixed Interest2.47%
9Spanish Fixed Interest2%
Individual holdings
1JPMORGAN CHASE & CO 3.2%/13-2501231.78%
2CITIGROUP INC 3.875% BDS 25/10/23 USD10001.02%
3MORGAN STANLEY 2.65% BDS 27/01/20 USD10000.98%
4GOLDMAN SACHS GROUP INC 1.375% MTN 26/07/22 EUR10000.9%
5VERIZON COMMUNICATIONS INC 6.55% BDS 15/09/43 USD20000.78%
6FORD MOTOR CREDIT CO LLC 3% BDS 12/06/17 USD10000.76%
7GE CAPITAL INTERNATIONAL FUNDING CO 4.418% BDS 15/11/35 USD10000.75%
8MELLON CAPITAL III 6.369% BDS 05/09/66 GBP500000.74%
9NBCUNIVERSAL MEDIA LLC 4.375% SNR NT 01/04/21 USD10000.71%
Management
Fund manager group
UBS
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund objective
UBS Lux Bond SICAV - Global Corporates USD is an open-end investment fund incorporated in Luxembourg. The Fund's objective is income and growth. The Fund invests mainly in global, investment grade, fixed- and variable rate securities Additionally, the Fund can invest in various participation certificates, warrant linked bonds, money market instruments, and other debentures.
Benchmark
  • Bloomberg Barclays Global Aggregate Corporate Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Jonathan Gregory21/02/2014Jonathan Gregory is a senior portfolio manager in the Fixed Income team. He is the lead portfolio manager on all Global Aggregate, Global Credit and UK Fixed Income strategies. He is responsible for all investment decisions taken for and implemented in these strategies. Jonathan is a member of the Fixed Income Investment Committee. Jonathan joined UBS Global Asset Management in 2010, having previously been Head of Credit and Portfolio Manager at Western Asset Management between 1998 and 2009. In that role he was responsible for managing Global, Euro and Sterling corporate bond portfolios and had significant involvement in the credit allocation for Global, Euro and UK aggregate portfolios. Prior to his 11 years at Western, Jonathan worked for NatWest Markets as a credit rating analyst and in corporate banking. He began his career in the mortgage industry as a loan officer and underwriter.
Vivek Acharya09/12/2015Vivek is a Portfolio Manager in the Global Bond team based in London. He contributes to the management of a range of global credit and global aggregate strategies. Vivek joined UBS Global Asset Management in October 2011. He previously worked at Western Asset Management from 2005 to 2011. Most recently, he was an analyst and junior portfolio manager, assisting in the running of a range of UK, European and global investment grade strategies utilising cash and synthetic strategies. Vivek holds the Investment Management Certificate (IMC).
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, Finland, France, United Kingdom, Liechtenstein, Luxembourg, Netherlands, Offshore, Sweden
UBS (Lux) Bond SICAV - Global Corporates (USD) (EUR hedged) I-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 price112.44
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF58V
UBS (Lux) Bond SICAV - Global Corporates (USD) P Mdist
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)1.16%
Bid price-
Offer price-
Mid price98.8
CurrencyUSD
Price updated15/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF4MY
UBS (Lux) Bond SICAV - Global Corporates (USD) U-X Acc
Initial charge6%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.02%
Total expense ratio (TER)0.01%
Bid price-
Offer price-
Mid price13295.73
CurrencyUSD
Price updated24/06/2013
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0T9C
Data provided by

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