Overview

The actively managed fund seeks attractive total return by investing in a diversified portfolio of Chinese equities and fixed income.

Investment is approximately 50% in Chinese equity and 50% in Chinese Fixed Income.

Actively seizes promising market opportunities via selection of individual stocks and bonds as well as by allocation between the equity and fixed income asset classes.

Owing to the varying mixed asset allocation, this fund could be treated in specific phases as a bond fund for tax purposes in the UK. Investors should therefore contact a tax advisor.

The fund invests without any benchmark restrictions. The performance of the fund is not benchmarked against an index.

Benefits

Participate in the growth and increasing internationalization of the Chinese economy and markets via select investments in both fixed income and equities.

The portfolio is adjusted to market conditions to proactively include the most interesting opportunities.

Investors can rely on an experienced local portfolio management team with a proven track record.

Risks

Investments in China may be affected by legal uncertainties or other accompanying factors related to the political situation and economic and regulatory developments in China, and may entail additional risks and volatility. The fund may be subject to withholding and other taxes imposed in China. Tax laws, regulations and practice in China are subject to change and may be amended with retrospective effect. Investments in RMB involve the risk that Chinese government’s currency control and future movements in exchange rates may adversely affect the fund's value. The fund may use derivatives which may result in additional risks (particularly counterparty risk). Every fund has specific risks, which can significantly increase under unusual market conditions. This Fund may not be appropriate for investors who plan to withdraw their money before the recommended holding period disclosed in the PRIIPs KID, if available for this share class.

Features

Product category
UBS Asset Allocation Funds
UBS Emerging Markets Allocation Funds
Product domicile
Luxembourg
Portfolio management
UBS SA国际传谋 (Hong Kong) Ltd., Hong Kong
Fund management
UBS SA国际传谋 (Europe) S.A., Luxembourg
Custodian bank
UBS Europe SE, Luxembourg Branch
Representative for products established under foreign law
BNP PARIBAS Securities Services
Day of inception
June 8, 2015
Currency of account
USD
Close of financial year
September 30
SFDR Classification
Art.6
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Ongoing costs p.a.
1.90% p.a.
Management fee
1.44% p.a.
Total expense ratio (TER)
1.90% p.a.
Swing pricing
yes
Minimum investment
n.a.
Reference Index / Benchmark
ISIN
LU1226287529
Bloomberg Ticker
UCAOPAU LX

Performance and Prices

Percentage growth

as of April 23, 2026
Cumulative
USD(%)
YTD 1.53
1M
3M
6M
1Y 15.79
2Y 32.70
3Y 21.08
5Y -27.59
ø p.a.5Y

Current data

Net asset value 24.04.2026 USD 107.92
High - last 12 months 29.01.2026 USD 112.91
Low - last 12 months 24.04.2025 USD 93.12
Assets of the unit class in mn 23.04.2026 USD 45.44
Total product assets in mn 23.04.2026 USD 801.48
Statistical data
Date
2 years
5 years
Sharpe Ratio 31.03.2026 0.54 -0.65
Risk Free Rate 31.03.2026 4.55% 3.51%

Structures

Top 5 Equity Holdings (in %, as of March 31, 2026)

 
 
Tencent Holdings Ltd 4.68
Alibaba Group Holding Ltd 3.11
China Mobile Ltd 1.88
China Construction Bank Corp 1.27
Taiwan Semiconductor Manufacturing Co Ltd 1.22

Fees

Ongoing costs p.a.
1.90%
Flat fee
1.80%
Management fee p.a.
1.44%
Max. issuing commission
4.00%
Max. redemption commission
0.00%
Distribution fee
(see info)

Distributions

No distributions. Continuous reinvestment of income.

Sales Authorisations

Market
Sales authorisations status
Australia
Institutional Only*
Austria
Registered
Belgium
Registered
Cyprus
Registered
Finland
Registered
France
Registered
Germany
Registered
Greece
Registered
Hong Kong
Registered
Italy
Registered
Liechtenstein
Registered
Luxembourg
Registered
Macau
Registered
Malta
Registered
Netherlands
Registered
Singapore
Registered
Spain
Registered
Sweden
Registered
Switzerland
Registered
United Kingdom
Registered

Literature

Agreement / Prospectus
Document type
Document Language
Prospectus
Key Information Document
Past performance
Previous performance scenario
Annual and semi-annual report (accounting on September 30)
Document type
Document Language
Annual report
Semi-annual report
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