UBS (Lux) Em.Econ. Sovereign Bonds Q Cap $

The actively managed fund invests primarily in emerging market government bonds denominated in hard currencies. The fund also allows opportunistic exposure to emerging market corporate bonds and local currencies.The fund's country, interest rate and currency exposure is actively managed under strict risk control with the aim of profiting from market movements.The sub-fund uses the benchmark JPM EMBI Global Diversified (USD) as a reference for portfolio construction, performance 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 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