UBS (Lux) Bd Sicav China Fixed Income I-B Cap $

The actively managed sub-fund invests primarily in fixed income financial instruments denominated in RMB (CNY), most of which are issued by the central bank or local governments, local government-related companies, local banks, other local financial institutions or local industrial companies.The sub-fund uses the benchmark Bloomberg China Aggregate Index in CNY as a reference for portfolio construction, performance comparison and risk management purposes. Although a portion of the portfolio may be invested in the same instruments and at the same weightings as the benchmark, the Portfolio Manager is not bound by the benchmark when selecting instruments. In particular, the Portfolio Manager may, at its discretion, invest in bonds of issuers not included in the benchmark and/or structure the proportion of investments in sectors differently from their weighting in the benchmark in order to take advantage of investment opportunities. In times of high market volatility, the sub-fund's performance may therefore deviate significantly from the benchmark.The return of the fund depends primarily on the development of interest rates and creditworthiness of the issuers and the interest income. The return may also be affected by currency fluctuations, where active or unhedged positions exist.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No