Fact sheet: UBS LBdSICGblOppsUnctrd$

Fund information
Fund name
UBS (Lux) Bond SICAV - Global Opportunities Unconstrained (USD) P Acc
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund managers
  • Hongbing Hsusince 01/09/2013
  • Brian Fehrenbachsince 09/04/2013
Fund objective
The fund invests very flexibly across global fixed income markets and currencies striving to achieve an attractive return over the medium term under various market conditions whilst carefully managing risk. The fund actively takes long and short positions in global interest rates, credit and currencies using bonds and derivatives. The fund employs a comprehensive risk management approach striving to take market, sector, security or currency risks only if the respective compensation is deemed to be attractive.
Benchmark
  • 3 Month Libor in EUR
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
-3.6%
1 Year rank in sector
41/41
Sector
FO Fixed Int - USD
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.
1.75%
Fund size
£43m (£174m last year)
Top in this sector
Fund name1 Year
CG Dollar22.9%
Nordea 1 US Tot Ret Bd20.2%
Ashmore Emg Mkt Sovrn Dbt19.7%
Nordea 1 Emrg Mkt Bd16.3%
NN (L) EM DebtHC13.6%
...more in FO Fixed Int - USD

Performance snapshot

Holdings snapshot

  • USA56.7%
    Others23.7%
    Brazil4.5%
    Mexico3.7%
    Luxembourg2.7%
  • Government Bonds28.9%
    Cash & Cash Equivalents17.5%
    Debt15.8%
    Others15.7%
    Investment Grade Bonds14.4%
  • US Fixed Interest56.7%
    Global Fixed Interest23.7%
    Brazilian Fixed Interest4.5%
    Mexican Fixed Interest3.7%
    Luxembourg Fixed Interest2.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%0.5%0.8%-3.6%-8.3%-
Sector0.5%2%4.9%6.4%10.6%19.4%
Rank within sector41 / 4235 / 4239 / 4141 / 4127 / 28-
Quartile4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-3.1%-2.2%-4.1%--
Sector6.6%-0.5%3.4%0%6.8%
Rank within sector41 / 4134 / 3830 / 31--
Quartile4th4th4th
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.
-2.54
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.
-0.15
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%.
3.69
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.
4.58
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.
0.01
Price movement
52 week high93.43
52 week low88.24
Current bid price-
Current offer price-
Current mid price89.94
Region
1USA56.68%
2Others23.73%
3Brazil4.52%
4Mexico3.73%
5Luxembourg2.66%
6UK1.96%
7Australia1.95%
8Croatia1.69%
9Switzerland1.55%
Industry sector
1Government Bonds28.9%
2Cash & Cash Equivalents17.5%
3Debt15.8%
4Others15.7%
5Investment Grade Bonds14.4%
6High Yield Bond12.2%
7Asset/Mortgage-Backed Securities6.9%
8Local Government Bonds2.7%
9Derivatives-14.1%
Asset type
1US Fixed Interest56.68%
2Global Fixed Interest23.73%
3Brazilian Fixed Interest4.52%
4Mexican Fixed Interest3.73%
5Luxembourg Fixed Interest2.66%
6UK Fixed Interest1.96%
7Australian Fixed Interest1.95%
8European Emerging Fixed Interest1.69%
9Swiss Fixed Interest1.55%
Individual holdings
1 US TREASURY BILL25.34%
2MARKIT INDICES LTD6.52%
3CMBX-NA-A 94.52%
4IBXXLLTR3.04%
5STATE OF ILLINOIS2.71%
6CMBX.NA.BB.62.42%
7CITI2.39%
8TIPS2.27%
9KINDER MORGAN INC DELAWARE2.16%
Management
Fund manager group
UBS
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund objective
The fund invests very flexibly across global fixed income markets and currencies striving to achieve an attractive return over the medium term under various market conditions whilst carefully managing risk. The fund actively takes long and short positions in global interest rates, credit and currencies using bonds and derivatives. The fund employs a comprehensive risk management approach striving to take market, sector, security or currency risks only if the respective compensation is deemed to be attractive.
Benchmark
  • 3 Month Libor in EUR
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Hongbing Hsu01/09/2013
Brian Fehrenbach09/04/2013Brian Fehrenbach is the Co-Head of US Mult i-Sector Fixed Income, where he is jointly responsible for managing the Core, Core Plus, Long Duration, and Unconstrained investment strategies. He is a member of the Fixed Income Investment Committee. Prior to assuming his current ro le, Brian led the derivatives strategy group for fixed income on a global basis where he was responsible for developing and implementing derivative investment strategies. Prior to joining the firm in 2006, Brian was a managing director in a global strategic trading unit at Bank of America in Chicago, where he primarily managed a US rate derivatives portfolio. He was the global head of rate derivative and currency trading at Fleet Boston prior to the merger with Bank of America in 2004.Brian’s last 18 years of experience has been focused on developing, trading, and managing derivative investment strategies in fixed income, currency, and equity markets.
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, Germany, Spain, Finland, France, United Kingdom, Greece, Italy, Liechtenstein, Luxembourg, Netherlands, Offshore, Singapore, Sweden
UBS (Lux) Bond SICAV - Global Opportunities Unconstrained (USD) (CHF hedged) I-X Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.01%
Total expense ratio (TER)0.01%
Bid price-
Offer price-
Mid price92.94
CurrencyCHF
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFCLY
UBS (Lux) Bond SICAV - Global Opportunities Unconstrained (USD) (CHF hedged) P Acc
Initial charge1%
Annual charge1.36%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price87.28
CurrencyCHF
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF8VU
UBS (Lux) Bond SICAV - Global Opportunities Unconstrained (USD) (CHF hedged) P Dist
Initial charge1%
Annual charge1.36%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)1.76%
Bid price-
Offer price-
Mid price85.82
CurrencyCHF
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF8VS
UBS (Lux) Bond SICAV - Global Opportunities Unconstrained (USD) (CHF hedged) Q Acc
Initial charge1%
Annual charge0.78%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price94.17
CurrencyCHF
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFX8F
UBS (Lux) Bond SICAV - Global Opportunities Unconstrained (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)0.05%
Bid price-
Offer price-
Mid price94.29
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFT4A
UBS (Lux) Bond SICAV - Global Opportunities Unconstrained (USD) (EUR hedged) P Acc
Initial charge1%
Annual charge1.36%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price89.03
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF8VV
UBS (Lux) Bond SICAV - Global Opportunities Unconstrained (USD) (EUR hedged) P Dist
Initial charge1%
Annual charge1.36%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)1.79%
Bid price-
Offer price-
Mid price87.53
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF8VT
UBS (Lux) Bond SICAV - Global Opportunities Unconstrained (USD) (EUR hedged) Q Acc
Initial charge1%
Annual charge0.78%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price94.82
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFX8C
UBS (Lux) Bond SICAV - Global Opportunities Unconstrained (USD) (GBP hedged) F Acc
Initial charge1%
Annual charge0.48%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.7
CurrencyGBP
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE7EZ
UBS (Lux) Bond SICAV - Global Opportunities Unconstrained (USD) I-X Acc
Initial charge-
Annual charge-
Min single investment£100
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.01%
Total expense ratio (TER)0.01%
Bid price-
Offer price-
Mid price95.85
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFHYE
UBS (Lux) Bond SICAV - Global Opportunities Unconstrained (USD) K-1 UKdist
Initial charge1%
Annual charge0.82%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price4019097.7
CurrencyUSD
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFKOQ
UBS (Lux) Bond SICAV - Global Opportunities Unconstrained (USD) P Acc
Initial charge1%
Annual charge1.36%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price89.94
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF8VQ
UBS (Lux) Bond SICAV - Global Opportunities Unconstrained (USD) P Dist
Initial charge1%
Annual charge1.36%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)1.77%
Bid price-
Offer price-
Mid price88.47
CurrencyUSD
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF8VR
UBS (Lux) Bond SICAV - Global Opportunities Unconstrained (USD) Q Acc
Initial charge1%
Annual charge0.78%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.8
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFX8E
Data provided by

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