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 31/08/2013
  • Brian Fehrenbachsince 08/04/2013
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
  • USD 3-month LIBOR (internal BM)
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
-2.1%
1 Year rank in sector
40/40
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
£24m (£163m 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.
79
Top in this sector
Fund name1 Year
CG Dollar23.2%
Nordea 1 US Tot Ret Bd20.6%
CG Gearing Portfolio12%
Ashmore Emg Mkt Sovrn Dbt10.9%
NN (L) EM DebtHC9.9%
...more in FO Fixed Int - USD

Performance snapshot

Holdings snapshot

  • USA59.3%
    Others20.3%
    Brazil4.6%
    Mexico3.6%
    UK3.3%
  • High Yield Bond20%
    Debt18.2%
    Government Bonds16.9%
    Investment Grade Bonds16.6%
    Cash & Cash Equivalents9.1%
  • US Fixed Interest59.3%
    Global Fixed Interest20.3%
    Brazilian Fixed Interest4.6%
    Mexican Fixed Interest3.6%
    UK Fixed Interest3.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%0.3%-2.1%-7.8%-
Sector-1.7%-1.5%1.2%4.1%8%15.5%
Rank within sector7 / 436 / 4320 / 4340 / 4031 / 32-
Quartile1st1st2nd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-2.2%-2.2%-4.1%--
Sector4.6%-0.5%3.4%0%6.8%
Rank within sector40 / 4033 / 3730 / 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.
-2.19
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.
-0.11
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%.
3.62
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.
4.6
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.
-1.05
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 price90.81
Region
1USA59.31%
2Others20.25%
3Brazil4.58%
4Mexico3.6%
5UK3.26%
6Luxembourg2.18%
7Australia1.98%
8Croatia1.68%
9Argentina1.61%
Industry sector
1High Yield Bond20%
2Debt18.2%
3Government Bonds16.9%
4Investment Grade Bonds16.6%
5Cash & Cash Equivalents9.1%
6Others7.9%
7Asset/Mortgage-Backed Securities5%
8Government Agency Bonds5%
9Local Government Bonds2.9%
Asset type
1US Fixed Interest59.31%
2Global Fixed Interest20.25%
3Brazilian Fixed Interest4.58%
4Mexican Fixed Interest3.6%
5UK Fixed Interest3.26%
6Luxembourg Fixed Interest2.18%
7Australian Fixed Interest1.98%
8European Emerging Fixed Interest1.68%
9American Emerging Fixed Interest1.61%
Individual holdings
1 US TREASURY BILL16.94%
2IBXXLLTR5.24%
3CMBX-NA-A 95.04%
4FANNIE MAE4.96%
5STATE OF ILLINOIS2.91%
6CITI2.66%
7BANK OF AMERICA CORP1.94%
8QANTAS AIRWAYS1.82%
9CALATLANTIC GROUP INC1.76%
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
  • USD 3-month LIBOR (internal BM)
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Hongbing Hsu31/08/2013
Brian Fehrenbach08/04/2013Brian 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)0.02%
Bid price-
Offer price-
Mid price93.87
CurrencyCHF
Price updated07/12/2016
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)1.76%
Bid price-
Offer price-
Mid price87.86
CurrencyCHF
Price updated07/12/2016
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)1.75%
Bid price-
Offer price-
Mid price86.38
CurrencyCHF
Price updated07/12/2016
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)1.08%
Bid price-
Offer price-
Mid price94.92
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFX8F
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)1.78%
Bid price-
Offer price-
Mid price89.68
CurrencyEUR
Price updated07/12/2016
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)1.77%
Bid price-
Offer price-
Mid price88.17
CurrencyEUR
Price updated07/12/2016
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)1.08%
Bid price-
Offer price-
Mid price95.66
CurrencyEUR
Price updated07/12/2016
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)0.63%
Bid price-
Offer price-
Mid price102.27
CurrencyGBP
Price updated28/11/2016
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)0.02%
Bid price-
Offer price-
Mid price97.1
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFHYE
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)1.77%
Bid price-
Offer price-
Mid price90.81
CurrencyUSD
Price updated07/12/2016
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)1.78%
Bid price-
Offer price-
Mid price89.32
CurrencyUSD
Price updated07/12/2016
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)1.08%
Bid price-
Offer price-
Mid price96.86
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFX8E
Data provided by

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