Overview

The portfolio invests in high conviction hedge funds globally, utilizing UBS manager selection criteria.

Allocates primarily to alternative investment funds specializing in Credit/Income, Equity Hedged, Multi-Strategy, Relative Value, and Trading strategies.

Seeks to achieve an attractive risk/return ratio while maintaining low beta to traditional asset classes with moderate volatility over an economic market cycle (3–5 years).

Benefits

The fund opens up the hedge fund universe to private investors, an area which is usually difficult to access.

The fund of funds structure enables risk to be spread more widely than with investments in individual hedge funds.

The long-term investment objective is to achieve a positive absolute return, while keeping correlation to traditional investment categories low and volatility moderate.

The fund is suitable as a means of diversifying the core investments of an investment portfolio.

Risks

Unlike traditional investments, hedge funds do not primarily aim to attain exposure in specific markets or investment instruments. They differ in their more frequent use of derivative instruments and in trying to leverage their return by borrowing funds, using derivatives and taking up short positions on securities. As a result, they have potential risks in addition to the market, credit and liquidity risks associated with traditional investments. This requires corresponding risk tolerance and capacity. Investors should also be aware that these funds offer no capital preservation guarantee. All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. The fund can use derivatives, which may result in additional risks (particularly counterparty risk).

Features

Product category
UBS Alternative Funds
UBS Hedge Funds
Product domicile
Switzerland
Portfolio management
UBS SA国际传谋 (Americas) LLC, New York
Fund management
UBS Fund Management (Switzerland) AG
Custodian bank
UBS Switzerland AG, Zurich
Day of inception
June 25, 2004
Currency of account
CHF
Close of financial year
January 1
SFDR Classification
n.a.
Issue
monthly
Redemption
quarterly
Next distribution
April
Maturity
Open end
Ongoing costs p.a.
2.13% p.a.
Performance fee
10.00%
Management fee
1.32% p.a.
Minimum investment
n.a.
Securities no.
1878471
ISIN
CH0018784717
Bloomberg Ticker
UBSGASC SW
Telekurs Id
GASCHF

Performance and Prices

Percentage growth

as of March 31, 2026
Cumulative
CHF(%)
YTD -1.84
1M
3M
6M
1Y
2Y 0.38
3Y
5Y 2.66
ø p.a.5Y 0.53

Current data
Net asset value 31.03.2026 CHF 1,449.39
High - last 12 months 30.01.2026 CHF 1,492.97
Low - last 12 months 31.03.2026 CHF 1,449.39
Last distribution 06.05.2026 CHF 30.54
Assets of the unit class in mn 31.03.2026 CHF 19.64
Total product assets in mn 31.03.2026 CHF 76.33

Structures

By the 10 largest positions (in %, as of February 27, 2026)

 
 
Caxton Dynamis Ltd 6.77
CAXTON MACRO LIMITED/ CLASS MR/ SERIES B421S1 6.25
DAVIDSON KEMPNER TAL FD S 010825 5.82
ANOMALY CAPITAL INTERNATIONAL LTD 5.72
CLAREN ROAD CREDIT FUND LTD/ CLASS A1R/ SERIES 0525 5.64
GSA QMS FUND LIMITED 5.63
A&Q Metric CenterBook Partners Global Alpha Ltd 5.48
Welwing Fund 5.24
GEMSSTOCK FUND/ CLASS DR/ SERIES 1 5.17
SPF SECURITIZED PRODUCTS C A21 4.96

Fees

Ongoing costs p.a.
2.13%
Flat fee
1.65%
Management fee p.a.
1.32%
Max. redemption commission
0.00%
Max. issuing commission
4.00%
Distribution fee
(see info)
Performance Fee
10.00%

Distributions

From
01-Nov-2020
To
01-Nov-2021
Date of distribution
Pay date
Cps no.
Currency
Tax domicile CH gross amount
Tax domicile CH net amount
Tax domicile not CH gross amount
Tax domicile not CH net amount
30.04.2025 05.05.2025 16 CHF 26.58 17.28 26.58 26.58

Sales Authorisations

Market
Sales authorisations status
Switzerland
Registered

Literature

en
de
fr
it
es
Brochures
Document type
Document Language
Fact Sheet
en en
it it
fr fr
es es
de de
Manager Commentary
en en
de de
Fact Sheet - UBS Alternative Funds
es es
fr fr
it it
en en
de de
Fact Sheet - UBS Hedge Funds
de de
en en
it it
es es
fr fr
Agreement / Prospectus
Document type
Document Language
Prospectus
Key Information Document
Past performance
Previous performance scenario
Annual and semi-annual report (accounting on January 1)
Document type
Document Language
Annual report
Semi-annual report
General information
Document type
Document Language
Tax list
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