Fact sheet: UBS LBdSICVEMBds2018$

Fund information
Fund name
UBS (Lux) Bond SICAV - Emerging Markets Bonds 2018 (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 mainly invests in sovereign, quasisovereign and corporate bonds denominated in US dollar from emerging market issuers with high creditworthiness on average (rated investment grade by established rating agencies). The fund manager combines carefully selected issuers of different credit qualities from different sectors and countries and securities with different maturities with the aim to seize interesting investment opportunities while keeping risk in check. The fund will mature on 17 December 2018.
Benchmark
  • No Specified Index
Investment style
Target Maturity
Investment method
Fixed Interest
Quick stats
1 Year return
3.6%
1 Year rank in sector
217/229
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
£153m (£197m 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
Ashmore EMHghYldCrDb29.9%
Gramercy Allct Emg Mket Debt29%
Pictet Lat Am Lcl Cur Dt26%
Capital Group EMLDtL25.7%
Ashburton India FxIn Opps25.5%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Others43.7%
    Indonesia8.1%
    International7.3%
    Russia6.6%
    India6.5%
  • Banks35.1%
    Government Bonds24.8%
    Financials11.4%
    Mutual Funds7.3%
    Others5.1%
  • Global Fixed Interest51%
    Indonesian Fixed Interest8.1%
    Russian Fixed Interest6.6%
    Indian Fixed Interest6.5%
    Brazilian Fixed Interest6.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%0.6%1.9%3.6%9.7%-
Sector0.2%1.9%7%10.2%1.9%10.4%
Rank within sector179 / 244193 / 243225 / 239217 / 22988 / 194-
Quartile3rd4th4th4th2nd
Calendar performance
 YTD - 20172016201520142013
Fund1.3%5.9%4%--
Sector5.3%10.2%-7.3%-0.6%-7%
Rank within sector220 / 242191 / 22515 / 210--
Quartile4th4th1st
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.
3.11
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.
0.31
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.
0.02
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%.
2.95
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.
5.45
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.
0.4
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.
0.58
Price movement
52 week high112.08
52 week low108.15
Current bid price-
Current offer price-
Current mid price112.04
Region
1Others43.69%
2Indonesia8.11%
3International7.27%
4Russia6.56%
5India6.52%
6Brazil6.36%
7Hungary6.24%
8Turkey5.67%
9Korea5.02%
Industry sector
1Banks35.05%
2Government Bonds24.84%
3Financials11.38%
4Mutual Funds7.27%
5Others5.13%
6Oil & Gas4.73%
7Mortgage & Secured Bonds4.01%
8Services2.83%
9Utilities2.44%
Asset type
1Global Fixed Interest50.96%
2Indonesian Fixed Interest8.11%
3Russian Fixed Interest6.56%
4Indian Fixed Interest6.52%
5Brazilian Fixed Interest6.36%
6Hungarian Fixed Interest6.24%
7Middle East & African Fixed Interest5.67%
8South Korean Fixed Interest5.02%
9Chinese Fixed Interest4.56%
Individual holdings
1UBS(IRL)FUND SELECT MONEY MARKET S USD DIS7.26%
2NIGERIA(FEDERAL REPUBLIC OF) 5.125% NTS 12/07/18 USD2000004.42%
3BANCO NAL COSTA RICA 4.875% SNR NTS 01/11/18 USD10003.94%
4MAGYAR EXPORT-IMPORT BANK ZRT 5.5% NTS 12/02/18 USD1000 REG S3.4%
5GHANA(REPUBLIC OF) 8.5% NTS 04/10/17 USD100000 `REGS`3.38%
6GABONESE REPUBLIC 8.20% NTS 12/12/17 USD100000 `REGS`3.25%
7STATE BANK INDIA LONDON BRANCH 3.25% BDS 18/04/18 USD10003.25%
8HUNGARY 4.125% BDS 19/02/18 USD20002.83%
9BANCO NACIONAL DE DESENVOLVIMENTO 6.369% NTS 16/06/18 USD1000`REG S`2.78%
Management
Fund manager group
UBS
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund objective
The fund mainly invests in sovereign, quasisovereign and corporate bonds denominated in US dollar from emerging market issuers with high creditworthiness on average (rated investment grade by established rating agencies). The fund manager combines carefully selected issuers of different credit qualities from different sectors and countries and securities with different maturities with the aim to seize interesting investment opportunities while keeping risk in check. The fund will mature on 17 December 2018.
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 2018 (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)0.62%
Bid price-
Offer price-
Mid price5664143.16
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFIIY
UBS (Lux) Bond SICAV - Emerging Markets Bonds 2018 (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 price5321758.63
CurrencyUSD
Price updated22/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFIIZ
UBS (Lux) Bond SICAV - Emerging Markets Bonds 2018 (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)0.98%
Bid price-
Offer price-
Mid price112.04
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFIIU
UBS (Lux) Bond SICAV - Emerging Markets Bonds 2018 (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)0.97%
Bid price-
Offer price-
Mid price106.01
CurrencyUSD
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFIIV
UBS (Lux) Bond SICAV - Emerging Markets Bonds 2018 (USD) Q Acc
Initial charge1%
Annual charge0.52%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.73%
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price112.91
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFIIX
UBS (Lux) Bond SICAV - Emerging Markets Bonds 2018 (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 price106.31
CurrencyUSD
Price updated22/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFIIW
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.