Fact sheet: UBS (L)BdSICST$Corp$

Fund information
Fund name
UBS (Lux) Bond SICAV - Short Term USD Corporates (USD) P Acc
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund managers
  • Marko Pavicsince 01/08/2015
  • Géraldine S. Haldisince 01/08/2015
Fund objective
The fund invests in short-dated fixed income securities that are largely issued by companies and denominated in the fund's reference currency.The majority of issuers have investment-grade ratings (AAA to BBB-).The investment objective is to achieve an attractive return by exploiting the performance potential of corporate bonds, which is higher than that of government bonds.Interest-rate risk is limited to the short-dated segment.
Benchmark
  • Bloomberg Barclays Eurodollar Corporate 1-3yrs
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
0.9%
1 Year rank in sector
9/15
Sector
FO Fixed Int - USD Short/ Medium Maturity
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
£831m (£737m last year)
Top in this sector
Fund name1 Year
NB Shrt DurHi YldBd5.4%
Muzinich Sht Drtn HiYd3.8%
UBS (L)BdSVStDuHiYl$3.7%
BBH High Grade Fixed Income2.9%
Franklin US Low Duration2.5%
...more in FO Fixed Int - USD Short/ Medium Maturity

Performance snapshot

Holdings snapshot

  • USA45.5%
    Others18.8%
    UK7.7%
    France5%
    Germany5%
  • Industrials35.8%
    Financials32.5%
    Money Market22.6%
    Government Guaranteed4.8%
    Government Bonds2.4%
  • US Fixed Interest45.5%
    Global Fixed Interest21.4%
    UK Fixed Interest7.7%
    French Fixed Interest5%
    German Fixed Interest5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%0.5%0.4%0.9%2.3%6%
Sector0.4%0.5%0.6%2.2%3.9%6.8%
Rank within sector13 / 178 / 178 / 169 / 157 / 136 / 13
Quartile4th2nd2nd3rd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund0.7%1.6%0.1%0.4%1%
Sector0.9%3.2%-0.1%0.4%0.9%
Rank within sector8 / 178 / 156 / 149 / 134 / 13
Quartile2nd3rd2nd3rd2nd
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.
-0.09
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.
0.75
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%.
0.95
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.
0.47
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.
-0.82
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.
0.85
Price movement
52 week high136.49
52 week low134.98
Current bid price-
Current offer price-
Current mid price136.38
Region
1USA45.47%
2Others18.81%
3UK7.7%
4France5.05%
5Germany5.01%
6Netherlands4.89%
7Australia4.56%
8Japan3.41%
9China2.56%
Industry sector
1Industrials35.78%
2Financials32.47%
3Money Market22.55%
4Government Guaranteed4.75%
5Government Bonds2.44%
6Utilities1.29%
7Asset/Mortgage-Backed Securities0.72%
Asset type
1US Fixed Interest45.47%
2Global Fixed Interest21.35%
3UK Fixed Interest7.7%
4French Fixed Interest5.05%
5German Fixed Interest5.01%
6Dutch Fixed Interest4.89%
7Australian Fixed Interest4.56%
8Japanese Fixed Interest3.41%
9Chinese Fixed Interest2.56%
Individual holdings
1UBS(IRL)FUND SELECT MONEY MARKET S USD DIS2.48%
2BANK OF AMERICA CORP 2.6% NTS 15/01/19 USD10002.2%
3MORGAN STANLEY 2.37500% 14-23.07.191.99%
4ACTAVIS FUNDING SCS 2.35% BDS 12/03/18 USD20001.52%
5ABN AMRO BANK NV 2.5% NTS 30/10/18 USD200000 REG S1.39%
6JPMORGAN CHASE 1.625%/13-15.05.20181.33%
7ORANGE SA 2.75% BDS 06/02/19 USD20001.15%
8SHIRE ACQUISITIONS INV IRELAND DAC 2.4% BDS 23/09/21 USD20001.03%
9ANHEUSER BUSCH INBEV WORLDWIDE INC 7.75% NTS 15/01/19 USD10001.01%
Management
Fund manager group
UBS
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund objective
The fund invests in short-dated fixed income securities that are largely issued by companies and denominated in the fund's reference currency.The majority of issuers have investment-grade ratings (AAA to BBB-).The investment objective is to achieve an attractive return by exploiting the performance potential of corporate bonds, which is higher than that of government bonds.Interest-rate risk is limited to the short-dated segment.
Benchmark
  • Bloomberg Barclays Eurodollar Corporate 1-3yrs
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Marko Pavic01/08/2015
Géraldine S. Haldi01/08/2015
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
UBS (Lux) Bond SICAV - Short Term USD Corporates (USD) (CHF hedged) I-X Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.02%
Total expense ratio (TER)0.02%
Bid price-
Offer price-
Mid price102.19
CurrencyCHF
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF89P
UBS (Lux) Bond SICAV - Short Term USD Corporates (USD) (EUR hedged) I-B Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)0.09%
Bid price-
Offer price-
Mid price101.57
CurrencyEUR
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE3XJ
UBS (Lux) Bond SICAV - Short Term USD Corporates (USD) (GBP hedged) F Acc
Initial charge1%
Annual charge0.27%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.12
CurrencyGBP
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE9MN
UBS (Lux) Bond SICAV - Short Term USD Corporates (USD) (USD) U-X Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.02%
Bid price-
Offer price-
Mid price10046.09
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNTXQ
UBS (Lux) Bond SICAV - Short Term USD Corporates (USD) F Acc
Initial charge1%
Annual charge0.27%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.36%
Total expense ratio (TER)0.38%
Bid price-
Offer price-
Mid price102.83
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXIP
UBS (Lux) Bond SICAV - Short Term USD Corporates (USD) I-A1 Acc
Initial charge-
Annual charge0.38%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.51%
Total expense ratio (TER)0.5%
Bid price-
Offer price-
Mid price105.99
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3GL
UBS (Lux) Bond SICAV - Short Term USD Corporates (USD) I-A2 Acc
Initial charge-
Annual charge0.34%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.45%
Total expense ratio (TER)0.44%
Bid price-
Offer price-
Mid price106.44
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF2ZU
UBS (Lux) Bond SICAV - Short Term USD Corporates (USD) I-B Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.09%
Total expense ratio (TER)0.08%
Bid price-
Offer price-
Mid price104.48
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMQI
UBS (Lux) Bond SICAV - Short Term USD Corporates (USD) I-B Dist
Initial charge6%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)0.08%
Bid price-
Offer price-
Mid price99.4
CurrencyUSD
Price updated03/10/2014
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMDQ4
UBS (Lux) Bond SICAV - Short Term USD Corporates (USD) I-X Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.02%
Total expense ratio (TER)0.02%
Bid price-
Offer price-
Mid price104.82
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFNVR
UBS (Lux) Bond SICAV - Short Term USD Corporates (USD) K-X Acc
Initial charge1%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.44
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNSLD
UBS (Lux) Bond SICAV - Short Term USD Corporates (USD) P 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)0.97%
Bid price-
Offer price-
Mid price136.38
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeUH87
UBS (Lux) Bond SICAV - Short Term USD Corporates (USD) Q Acc
Initial charge1%
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.58%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price108.27
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF0TX
Data provided by

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