Fact sheet: UBS LBdSICVEmrgEcCorp$

Fund information
Fund name
UBS (Lux) Bond SICAV - Emerging Economies Corporates (USD) P Acc
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund managers
  • Michael Dowsince 06/07/2015
  • Federico Kaunesince 06/07/2015
Fund objective
The broadly diversified fund invests primarily in emerging market corporate bonds rated investment grade on average and denominated in US dollar. Within this investment universe, the fund manager flexibly combines bond maturities, ratings, issuers, sectors, and countries, with the aim to keep in check the fund’s sensitivity to expected market movements. The selection is based on economic research combined with results of quantitative models, and is bent on picking the right ones.
Benchmark
  • JPM CEMBI Diversified
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
7.3%
1 Year rank in sector
105/216
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.
1.85%
Fund size
£381m (£282m 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.
78
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$38.1%
Pictet Lat Am Lcl Cur Dt34.7%
Schroder ISF EmgMktBd31.6%
Rubrics Ind Fxd Inc UCITS31.5%
Pioneer SICV-Emg Mkt Bd29.3%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Others39.5%
    Brazil10.2%
    China8.3%
    Mexico7.9%
    Russia6.9%
  • Financials29.6%
    Oil & Gas13.5%
    Telecommunications12.4%
    Others9.9%
    Utilities9.6%
  • Global Fixed Interest39.5%
    Middle East & African Fixed Interest12.1%
    Brazilian Fixed Interest10.2%
    Chinese Fixed Interest8.3%
    Mexican Fixed Interest7.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2%-2.8%1.1%7.3%14.5%-
Sector-3.3%-3.7%1.6%7.8%1.1%6.9%
Rank within sector52 / 22484 / 223103 / 221105 / 21645 / 170-
Quartile1st2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund8.3%1.6%3.4%--
Sector9.4%-7.3%-0.6%-7%14.7%
Rank within sector123 / 21820 / 20265 / 172--
Quartile3rd1st2nd
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.
4.33
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.
0.63
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.
0.16
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%.
5.27
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.
3.62
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.
1.21
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.
0.8
Price movement
52 week high110.47
52 week low97.69
Current bid price-
Current offer price-
Current mid price107.32
Region
1Others39.55%
2Brazil10.17%
3China8.26%
4Mexico7.88%
5Russia6.87%
6Turkey6.81%
7Israel5.29%
8Colombia5.23%
9Chile5.09%
Industry sector
1Financials29.63%
2Oil & Gas13.46%
3Telecommunications12.42%
4Others9.93%
5Utilities9.63%
6Consumer Services7.24%
7Mineral Extraction6.52%
8Real Estate5.24%
9Industrials3.74%
Asset type
1Global Fixed Interest39.55%
2Middle East & African Fixed Interest12.1%
3Brazilian Fixed Interest10.17%
4Chinese Fixed Interest8.26%
5Mexican Fixed Interest7.88%
6Russian Fixed Interest6.87%
7American Emerging Fixed Interest5.23%
8Chilean Fixed Interest5.09%
9Indian Fixed Interest4.86%
Individual holdings
1TEVA PHARMACEUTICAL INDUSTRIES1.97%
2PETROLEO BRASILEIRO SA PETROBRAS1.69%
3ALTICE INTERNATIONAL SARL1.57%
4YPF SOCIEDAD ANONIMA1.57%
5KOREA GAS CORP1.44%
6DIGICEL 1.41%
7BANK OF CHINA LTD1.39%
8WOORI BANK1.38%
9CNOOC Ltd DR1.3%
Management
Fund manager group
UBS
Fund manager company
UBS AG
Fund type
Offshore Fund
Fund objective
The broadly diversified fund invests primarily in emerging market corporate bonds rated investment grade on average and denominated in US dollar. Within this investment universe, the fund manager flexibly combines bond maturities, ratings, issuers, sectors, and countries, with the aim to keep in check the fund’s sensitivity to expected market movements. The selection is based on economic research combined with results of quantitative models, and is bent on picking the right ones.
Benchmark
  • JPM CEMBI Diversified
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Michael Dow06/07/2015
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.
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, Chile, Germany, Spain, Finland, France, United Kingdom, Greece, Italy, Liechtenstein, Luxembourg, Netherlands, Offshore, Singapore, Sweden
UBS (Lux) Bond SICAV - Emerging Economies Corporates (USD) (CHF hedged) P Acc
Initial charge1.5%
Annual charge1.44%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.86%
Bid price-
Offer price-
Mid price103.83
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF84Y
UBS (Lux) Bond SICAV - Emerging Economies Corporates (USD) (CHF hedged) P Dist
Initial charge1.5%
Annual charge1.44%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.86%
Bid price-
Offer price-
Mid price93.33
CurrencyCHF
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF84Z
UBS (Lux) Bond SICAV - Emerging Economies Corporates (USD) (CHF hedged) Q Acc
Initial charge1.5%
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 price106.92
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE09Q
UBS (Lux) Bond SICAV - Emerging Economies Corporates (USD) (CHF hedged) Q Dist
Initial charge1.5%
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 price103.97
CurrencyCHF
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE09R
UBS (Lux) Bond SICAV - Emerging Economies Corporates (USD) (EUR hedged) P Acc
Initial charge1.5%
Annual charge1.44%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.88%
Bid price-
Offer price-
Mid price105.46
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF85A
UBS (Lux) Bond SICAV - Emerging Economies Corporates (USD) (EUR hedged) P Dist
Initial charge1.5%
Annual charge1.44%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.87%
Bid price-
Offer price-
Mid price94.52
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF85B
UBS (Lux) Bond SICAV - Emerging Economies Corporates (USD) I-X Dist
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 price102.21
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFM9Z
UBS (Lux) Bond SICAV - Emerging Economies Corporates (USD) P Acc
Initial charge1.5%
Annual charge1.44%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.86%
Bid price-
Offer price-
Mid price107.32
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF85C
UBS (Lux) Bond SICAV - Emerging Economies Corporates (USD) P Dist
Initial charge1.5%
Annual charge1.44%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.86%
Bid price-
Offer price-
Mid price96.54
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF85D
UBS (Lux) Bond SICAV - Emerging Economies Corporates (USD) Q Acc
Initial charge1.5%
Annual charge0.78%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price109.19
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE09S
UBS (Lux) Bond SICAV - Emerging Economies Corporates (USD) Q Dist
Initial charge1.5%
Annual charge0.78%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price106.2
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE09T
UBS (Lux) Bond SICAV - Emerging Economies Corporates (USD) U-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 price10624.35
CurrencyUSD
Price updated11/03/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF7HN
Data provided by

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