UBS (Lux) Bond F. Global Flexible P Cap $ Hdg

The actively managed sub-fund invests primarily in a globally diversified portfolio of bonds issued by borrowers with high credit ratings (e.g. bonds issued by governments with high credit ratings, corporate bonds, agency bonds, securitised bonds (ABS, MBS)). The sub-fund may also make opportunistic investments in, for example, emerging market bonds and high-yield bonds. The average credit rating of the portfolio is high (rated investment grade by the main rating agencies). Derivative instruments may be used as an investment and for hedging purposes. This creates a high degree of leverage.The sub-fund uses the benchmark Bloomberg Global Aggregate TR (CHF hedged) as a reference for portfolio construction, to assess performance and to compare the sustainability profile. 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.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 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