UBS (Lux) Bd Sicav Convert Global I-B Cap CHF Hdg

The actively managed sub-fund invests worldwide primarily in convertible bonds. These bonds mix the characteristics of bonds and shares through the right they contain to convert into shares of their issuer.The sub-fund uses the benchmark FTSE Global Convertible Index - Global Vanilla Hedged EUR Index as a reference for performance comparison, for sustainability profile comparison and risk management. 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 convertible bonds, exchangeable bonds and bonds with warrants 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.This sub-fund promotes environmental and/or social features, but does not pursue a sustainable investment objective.The return of the fund depends primarily on the creditworthiness of the issuers, equity market development as well as 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