Fact sheet: UBS LBdSICVEMBds2017$

Fund information
Fund name
UBS (Lux) Bond SICAV - Emerging Markets Bonds 2017 (USD) P Acc
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund managers
  • Federico Kaunesince 06/07/2015
  • Uta Fehmsince 06/07/2015
Fund objective
The fund is broadly diversified investing in carefully selected emerging markets bonds mainly issued by sovereigns or quasi-sovereigns and denominated in USD. The fund aims to hold the bonds until maturity, but if there is a significant default risk and the markets are liquid the positions can be traded actively. Stringent ongoing review ensures continued suitability of instruments for the fund. The fund has a fixed term that runs until 06.08.2017.
Benchmark
  • No Specified Index
Investment style
Target Maturity
Investment method
Fixed Interest
Quick stats
1 Year return
1.4%
1 Year rank in sector
229/230
Sector
FO Fixed Int - Emerging Markets
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
£296m (£360m 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.
77
Top in this sector
Fund name1 Year
Pictet Lat Am Lcl Cur Dt31.5%
Gramercy Allct Emg Mket Debt29.5%
Ashmore EMHghYldCrDb29.4%
Capital Group EMLDtL28.3%
Ashburton India FxIn Opps27.6%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • USA54.8%
    International10.4%
    Turkey8.3%
    India6.1%
    Sri Lanka5.1%
  • Government Bonds64.2%
    Banks18%
    Mutual Funds10.4%
    Financials7.4%
    Others0%
  • US Fixed Interest54.8%
    Global Fixed Interest11.4%
    Asia Pacific Emerging Fixed Interest10.2%
    Middle East & African Fixed Interest8.3%
    Indian Fixed Interest6.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.2%0.8%1.4%5.9%-
Sector0.2%2%7.6%10.5%2.1%10.5%
Rank within sector186 / 244209 / 243236 / 239229 / 230116 / 193-
Quartile4th4th4th4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund0.5%3.5%5%0.1%-
Sector5.6%10.2%-7.3%-0.6%-7%
Rank within sector233 / 242215 / 2259 / 209111 / 177-
Quartile4th4th1st3rd
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.
2.09
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.
0.23
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%.
2.87
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.
6.1
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.
0.17
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.
0.34
Price movement
52 week high108.65
52 week low107.01
Current bid price-
Current offer price-
Current mid price108.63
Region
1USA54.83%
2International10.44%
3Turkey8.32%
4India6.14%
5Sri Lanka5.12%
6Pakistan5.09%
7Indonesia4.31%
8Korea2.46%
9Russia2.37%
Industry sector
1Government Bonds64.2%
2Banks17.96%
3Mutual Funds10.44%
4Financials7.4%
5Others0%
Asset type
1US Fixed Interest54.83%
2Global Fixed Interest11.36%
3Asia Pacific Emerging Fixed Interest10.21%
4Middle East & African Fixed Interest8.32%
5Indian Fixed Interest6.14%
6Indonesian Fixed Interest4.31%
7South Korean Fixed Interest2.46%
8Russian Fixed Interest2.37%
Individual holdings
1UNITED STATES OF AMER TREAS NOTES 0% NTS 31/07/17 USD10009.82%
2United States Treasury Note/Bond9.72%
3UNITED STATES OF AMER TREAS BILLS 0.625% BDS 31/07/17 USD1009.66%
4UNITED STATES OF AMER TREAS BILLS 0% TB 20/07/17 USD1009.65%
5UNITED STATES OF AMER TREAS BILLS 0% TB 27/07/17 USD1009.27%
6UBS(IRL)FUND SELECT MONEY MARKET S USD DIS9.17%
7STATE BANK INDIA LONDON BRANCH 4.125% BDS 01/08/17 USD200000 REG S5.39%
8BANK OF CEYLON 6.875% BDS 03/05/17 USD1000 REG S4.49%
9PAKISTAN(REPUBLIC OF) 6.875% BDS 01/06/17 USD100000 `REGS`3.89%
Management
Fund manager group
UBS
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund objective
The fund is broadly diversified investing in carefully selected emerging markets bonds mainly issued by sovereigns or quasi-sovereigns and denominated in USD. The fund aims to hold the bonds until maturity, but if there is a significant default risk and the markets are liquid the positions can be traded actively. Stringent ongoing review ensures continued suitability of instruments for the fund. The fund has a fixed term that runs until 06.08.2017.
Benchmark
  • No Specified Index
Investment style
Target Maturity
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Federico Kaune06/07/2015Federico Kaune, Executive Director, joined Morgan Stanley in 2002 and has 7 years of investment experience. He is a portfolio manager and economic researcher for our Emerging Markets Debt portfolio. Prior to joining the Firm, he was a senior vice president and senior economist at Goldman Sachs & Co. Previously, he was an Economist at International Monetary Fund. Federico received a B.A. from University del Pacifico in Economics, an M.A. and Ph.D. from the University of Chicago in Economics. He is a member of the American Economic Association.
Uta Fehm06/07/2015"DVFA/CEFA, Director, Portfolio Manager, is responsible for investment analysis, recommendations, and management of sovereign debt in emerging markets. Her primary focus is Africa. Prior to joining the firm, Uta worked at Deutsche Asset Management in the Client Relation department and in Fixed Income Portfolio Management. She has investment industry experience since 1991 and specialised in emerging markets since 1999. Uta holds a Master’s degree in Economics from the Technical University of Dresden (Germany)."
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, Italy, Liechtenstein, Luxembourg, Netherlands, Offshore, Singapore, Sweden
UBS (Lux) Bond SICAV - Emerging Markets Bonds 2017 (USD) I-A3 Dist
Initial charge-
Annual charge0.18%
Min single investment£30,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.24%
Total expense ratio (TER)0.24%
Bid price-
Offer price-
Mid price5193171.91
CurrencyUSD
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFINP
UBS (Lux) Bond SICAV - Emerging Markets Bonds 2017 (USD) K-1 Acc
Initial charge1%
Annual charge0.44%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price5500113.19
CurrencyUSD
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDNE
UBS (Lux) Bond SICAV - Emerging Markets Bonds 2017 (USD) K-1 Dist
Initial charge1%
Annual charge0.44%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price5101139.81
CurrencyUSD
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFDNF
UBS (Lux) Bond SICAV - Emerging Markets Bonds 2017 (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 price108.63
CurrencyUSD
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFDNG
UBS (Lux) Bond SICAV - Emerging Markets Bonds 2017 (USD) P Dist
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)0.96%
Bid price-
Offer price-
Mid price101.63
CurrencyUSD
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFDNH
UBS (Lux) Bond SICAV - Emerging Markets Bonds 2017 (USD) Q Acc
Initial charge1%
Annual charge0.52%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.73%
Bid price-
Offer price-
Mid price109.6
CurrencyUSD
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDNI
UBS (Lux) Bond SICAV - Emerging Markets Bonds 2017 (USD) Q Dist
Initial charge1%
Annual charge0.52%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.73%
Bid price-
Offer price-
Mid price101.9
CurrencyUSD
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFDNJ
Data provided by

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