Fact sheet: UBS Corp Bd UK Plus

Fund information
Fund name
UBS Corporate Bond UK Plus C Acc
Fund manager company
UBS Asset Mgmt Funds Ltd
Fund type
OEIC
Fund managers
  • Jonathan Gregorysince 13/05/2012
  • Vivek Acharyasince 25/11/2014
Fund objective
The investment objective of the Fund is to seek to generate a return greater than the return provided by UK investment grade corporate bonds derived from investment in UK and global securities.
Benchmark
  • Markit iBoxx Non-Gilt Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
7.5%
1 Year rank in sector
23/92
Sector
UT Sterling Corporate Bond
Yield
3.6%
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.
0.68%
Fund size
£189m (£177m 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.
39
Mid price
60.26
Top in this sector
Fund name1 Year
Schroder Long Dated Corp Bond12.4%
Newton Long Corporate Bond11.4%
F&C Instl Lg Dtd Corp Bd11.1%
Henderson Inst Long Dat Cr11%
Fidelity Inst UK Lg Crp Bd10.5%
...more in UT Sterling Corporate Bond

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.4%-5.4%2.9%7.5%16.7%33.3%
Sector-1.1%-4.4%2.6%6.3%17.7%34.2%
Rank within sector74 / 9772 / 9431 / 9423 / 9258 / 8752 / 71
Quartile4th4th2nd1st3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund8.9%-1.6%9.3%-2%14.6%
Sector7.5%-0.3%10.1%0.2%12.1%
Rank within sector16 / 9285 / 9061 / 8774 / 7825 / 71
Quartile1st4th3rd4th2nd
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.
-1.32
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.
0.23
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%.
6.5
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.
1.41
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.
-0.18
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.
0.98
Price movement
52 week high64.16
52 week low54.16
Current bid price-
Current offer price-
Current mid price60.26
Region
1UK100%
Industry sector
No data available.
Asset type
1UK Corporate Fixed Interest100%
Individual holdings
1EUROPEAN INVESTMENT BANK2.8%
2EDF2.5%
3HEATHROW2.3%
4CITIGROUP1.6%
5 AT&T1.4%
6HSBC1.4%
7WELLS FARGO & CO1.4%
8BUPA1.2%
9GE CAPITAL1.2%
Management
Fund manager group
UBS
Fund manager company
UBS Asset Mgmt Funds Ltd
Fund type
OEIC
Fund objective
The investment objective of the Fund is to seek to generate a return greater than the return provided by UK investment grade corporate bonds derived from investment in UK and global securities.
Benchmark
  • Markit iBoxx Non-Gilt Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Jonathan Gregory13/05/2012Jonathan 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 Acharya25/11/2014Vivek 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
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
UBS Corporate Bond UK Plus A Acc (Net)
Initial charge-
Annual charge0.6%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.8%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price76.2
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeU467
UBS Corporate Bond UK Plus B Acc
Initial charge-
Annual charge0.6%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.66%
Bid price-
Offer price-
Mid price77.15
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeU469
UBS Corporate Bond UK Plus B Gr Acc
Initial charge-
Annual charge0.6%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.66%
Bid price-
Offer price-
Mid price80.45
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeU468
UBS Corporate Bond UK Plus B Gr Inc
Initial charge-
Annual charge0.6%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.66%
Bid price-
Offer price-
Mid price55.88
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeU476
UBS Corporate Bond UK Plus C Acc
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.68%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price60.26
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG5QG
UBS Corporate Bond UK Plus C Gr Acc
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price62.43
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG5QF
UBS Corporate Bond UK Plus C Gr Inc
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price52.55
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeG5QH
UBS Corporate Bond UK Plus C Inc
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price52.47
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeG5QI
UBS Corporate Bond UK Plus K Gr Acc
Initial charge-
Annual charge-
Min single investment£100,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)0.03%
Bid price-
Offer price-
Mid price85.99
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeU472
Data provided by

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