UBS (Irl) Global Equity Long Short P-PF Cap EUR

The fund aims to deliver a positive return over a midterm timeframe by investing in equity markets. It aims to achieve this with a lower volatility than equity markets.The actively managed Fund uses a long-short equity strategy to exploit stock price anomalies in companies around the world, including emerging markets. The investment manager may use the Index MSCI All Country World for security selection at its own discretion. The Fund will aim to take long positions in stocks that the investment manager deems to be undervalued by the market and short positions in stocks the investment manager deems to be overvalued. Companies are selected primarily based on fundamental research. The 'net' market exposure will typically be positive, but will vary according to market conditions.The Fund uses over-the-counter and exchange-traded financial derivative instruments (FDIs), which reference equity securities and equity indices to manage currency and equity exposure. Investment in FDIs used will result in the Fund being leveraged whereby the exposure of the Fund as a result of all positions held by it may exceed its net asset value. The Fund may also invest in money market funds and money market instruments.The Fund will from time to time use investment techniques known as 'hedging' to provide protection against exchange risks. For hedging purposes, the Fund may use FDIs to hedge against fluctuations in the relative values of its portfolio positions due to changes in currency exchange rates and market interest rates.The Fund is actively managed and may use the referenced index for security selection and may use a representative cash rate as described in the prospectus for performance comparison.The base currency of the fund is EUR.The return of the fund depends primarily on equity market development and their exchange rate fluctuations, as well as dividend payments.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No