UBS (Lux) Bd Sicav Short Duration HY I-B Cap $

The actively managed sub-fund invests primarily in USD-denominated high-yield bonds with short maturities and low ratings. The average duration of the sub-fund will not exceed 3 years. This sub-fund promotes environmental and/or social characteristics but does not pursue a sustainable investment objective.The sub-fund uses the benchmark as a reference for sustainability profile comparison and risk management purposes. The sub-fund manager combines various, carefully selected debtors and securities with different maturities with the objective of taking advantage of interesting return opportunities while controlling risk.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