Overview

Regulation / Supervision: CISA / FINMA (funds for qualified investors)

Authorised investors: qualified investors under CISA

Investments: sovereign bonds denominated in US dollar from emerging market issuers

Convertible and warrant bonds: none

Portfolio is passively managed and aims to replicate the gross performance of the benchmark (before fees)

Securities lending: not permitted

Use of derivatives: permitted under BVV2

Risks

All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. Please consult your client advisor for more information on the investment risks of this product.

Features

Product category
Bond
Emerging Markets
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
December 4, 2014
Currency of account
CHF
Close of financial year
March 31
SFDR Classification
n.a.
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Total expense ratio (TER)
0.01% p.a.
Minimum investment
n.a.
Reference Index / Benchmark
JPM EMBI Global Diversified (hedged CHF)
Cut-Off Time
15:00h(CET)
Securities no.
25902251
ISIN
CH0259022512
Bloomberg Ticker
UBESCIX SW
Telekurs Id
BEMSPHX

Performance and Prices

Percentage growth

as of April 23, 2026
Cumulative
CHF(%) EUR(%) USD(%)
YTD -0.13 1.25 0.96
1M
3M
6M
1Y
2Y 9.07 10.01 24.77
3Y
5Y -5.23 14.09 10.89
ø p.a.5Y -1.07 2.67 2.09

Current data
Net asset value 23.04.2026 CHF 922.99
High - last 12 months 17.02.2026 CHF 935.41
Low - last 12 months 05.05.2025 CHF 866.60
Total product assets in mn 23.04.2026 CHF 182.02
Theoretical yield to worst (gross) 31.03.2026 2.83%
Modified duration 31.03.2026 6.33
Average remaining maturity 31.03.2026 10.49 years

Structures

By detailed securities (in %, as of February 27, 2026)*

 
 
 
1 Turkiye Government International Bond 3.74
2 Saudi Government International Bond 3.57
3 Mexico Government International Bond 3.18
4 Brazilian Government International Bond 3.09
5 Dominican Republic International Bond 2.89
6 Colombia Government International Bond 2.86
7 Romanian Government International Bond 2.84
8 Philippine Government International Bond 2.79
9 Egypt Government International Bond 2.71
10 Indonesia Government International Bond 2.61
11 Argentine Republic Government International Bond 2.61
12 Panama Government International Bond 2.48
13 Hungary Government International Bond 2.47
14 Republic of South Africa Government International Bond 2.41
15 Nigeria Government International Bond 2.40
16 Peruvian Government International Bond 2.27
17 Republic of Poland Government International Bond 2.27
18 Bahrain Government International Bond 2.21
19 Oman Government International Bond 2.13
20 Uruguay Government International Bond 2.06
21 Petronas Capital Ltd 1.74
22 Ecuador Government International Bond 1.60
23 Chile Government International Bond 1.56
24 Ukraine Government International Bond 1.44
25 Petroleos Mexicanos 1.41
26 Guatemala Government Bond 1.23
27 Corp Nacional del Cobre de Chile 1.20
28 Angolan Government International Bond 1.18
29 Abu Dhabi Government International Bond 1.14
30 Sri Lanka Government International Bond 1.03
31 Kazakhstan Government International Bond 0.99
32 Republic of Kenya Government International Bond 0.95
33 Costa Rica Government International Bond 0.93
34 Paraguay Government International Bond 0.86
35 Ivory Coast Government International Bond 0.85
36 Ghana Government International Bond 0.79
37 El Salvador Government International Bond 0.78
38 Jordan Government International Bond 0.75
39 Morocco Government International Bond 0.74
40 United States Treasury Bill 0.74
41 Bank Gospodarstwa Krajowego 0.71
42 Jamaica Government International Bond 0.66
43 Perusahaan Penerbit SBSN Indonesia III 0.66
44 Sinopec Group Overseas Development 2018 Ltd 0.66
45 Gaci First Investment Co 0.65
46 MDGH GMTN RSC Ltd 0.60
47 China Government International Bond 0.57
48 Serbia International Bond 0.57
49 Lebanon Government International Bond 0.54
50 Republic of Uzbekistan International Bond 0.48
51 Pertamina Persero PT 0.46
52 Pakistan Government International Bond 0.43
53 Trinidad & Tobago Government International Bond 0.41
54 Perusahaan Perseroan Persero PT Perusahaan Listrik Negara 0.40
55 Sharjah Sukuk Program Ltd 0.37
56 State Grid Overseas Investment BVI Ltd 0.37
57 UAE International Government Bond 0.36
58 Oman Sovereign Sukuk Co 0.33
59 Honduras Government International Bond 0.32
60 Eskom Holdings 0.32
61 Finance Department Government of Sharjah 0.31
62 Mazoon Assets Co SAOC 0.31
63 Development Bank of Kazakhstan JSC 0.29
64 Suci Second Investment Co 0.29
65 Bolivian Government International Bond 0.28
66 Republic of Armenia International Bond 0.27
67 DP World Ltd/United Arab Emirates 0.24
68 Bapco Energies Sukuk Ltd 0.24
69 Gabon Government International Bond 0.24
70 Eagle Funding Luxco Sarl 0.24
71 Senegal Government International Bond 0.24
72 DP World Crescent Ltd 0.23
73 KSA Ijarah Sukuk Ltd 0.23
74 Khazanah Global Sukuk Bhd 0.22
75 Petroleos del Peru SA 0.21
76 Navoi Mining & Metallurgical Combinat 0.20
77 CNAC HK Finbridge Co Ltd 0.20
78 Suriname Government International Bond 0.20
79 TC Ziraat Bankasi AS 0.20
80 Benin Government International Bond 0.20
81 Pakistan Global Sukuk Programme Co Ltd/The 0.19
82 Abu Dhabi Developmental Holding Co PJSC 0.19
83 Mongolia Government International Bond 0.19
84 SRC Sukuk Ltd 0.19
85 Emirate of Dubai Government International Bonds 0.19
86 Bulgaria Government International Bond 0.19
87 Uzbekneftegaz JSC 0.19
88 Adnoc Murban Rsc Ltd 0.18
89 KSA Sukuk Ltd 0.18
90 China Development Bank 0.18
91 CBB International Sukuk Programme Co WLL 0.18
92 Sinochem Overseas Capital Co Ltd 0.16
93 Comision Federal de Electricidad 0.16
94 MVM Energetika Zrt 0.15
95 ZAMBIN 5 3/4 06/30/33 MODIFIED MANUALLY DO NOT REFRESH 0.14
96 Malaysia Wakala Sukuk Bhd 0.14
97 Empresa de Transporte de Pasajeros Metro SA 0.14
98 Latvia Government International Bond 0.14
99 Empresa Nacional del Petroleo 0.13
100 Khazanah Capital Ltd 0.13
101 EDO Sukuk Ltd 0.13
102 MFB Magyar Fejlesztesi Bank Zrt 0.12
103 Magyar Export-Import Bank Zrt 0.12
104 ROP Sukuk Trust 0.12
105 ZAMBIN 0 1/2 12/31/53 0.12
106 Republic of Azerbaijan International Bond 0.11
107 Export-Import Bank of China/The 0.11
108 Banco Nacional de Comercio Exterior SNC/Cayman Islands 0.11
109 Kyrgyz Republic International Bond 0.11
110 Malaysia Sukuk Global Bhd 0.11
111 State Oil Co of the Azerbaijan Republic 0.10
112 Montenegro Government International Bond 0.10
113 Banco del Estado de Chile 0.10
114 China Life Insurance Overseas Co Ltd/Hong Kong 0.10
115 SINOPEC GRP OVERSEA 2013 0.10
116 Papua New Guinea Government International Bond 0.10
117 Hazine Mustesarligi Varlik Kiralama AS 0.10
118 Comision Ejecutiva Hidroelectrica del Rio Lempa 0.10
119 Transnet/South Africa 0.10
120 Development Bank of Mongolia LLC 0.10
121 Oriental Republic of Uruguay 0.10
122 Mozambique International Bond 0.10
123 Bapco Energies BSC Closed 0.10
124 Petroliam Nasional Bhd 0.10
125 TVF Varlik Kiralama AS 0.10
126 Indonesia Asahan Aluminium PT / Mineral Industri Indonesia Persero PT 0.10
127 Heritage Petroleum Co Ltd 0.10
128 Egyptian Financial Co for Sovereign Taskeek/The 0.10
129 Caixa Economica Federal 0.10
130 Ethiopia International Bond 0.10
131 Fondo MIVIVIENDA SA 0.10
132 Instituto Costarricense de Electricidad 0.10
133 OQ SAOC 0.10
134 Baiterek National Investment Holding JSC 0.09
135 Avilease Capital Ltd 0.09
136 Powerchina Roadbridge Group British Virgin Islands Ltd 0.09
137 QazaqGaz NC JSC 0.09
138 ICD Funding Ltd 0.09
139 Republic of Cameroon International Bond 0.09
140 Chinalco Capital Holdings Ltd 0.09
141 Sunny Express Enterprises Corp 0.09
142 Fund of National Welfare Samruk-Kazyna JSC 0.09
143 Abu Dhabi Crude Oil Pipeline LLC 0.09
144 Mumtalakat Sukuk Holding Co 0.09
145 Benin Sukuk SA 0.09
146 Georgia Government International Bond 0.09
147 Pakistan Water & Power Development Authority 0.09
148 Petronas Energy Canada Ltd 0.09
149 NPC Ukrenergo 0.09
150 Georgian Railway JSC 0.09
151 China Huaneng Group Hong Kong Treasury Management Holding Ltd 0.09
152 Rwanda International Government Bond 0.09
153 NAK Naftogaz Ukraine via Kondor Finance PLC 0.09
154 Blossom Joy Ltd 0.09
155 Banco Nacional de Panama 0.08
156 Mexico City Airport Trust 0.08
157 Aeropuerto Internacional de Tocumen SA 0.08
158 Barbados Government International Bond 0.08
159 Empresa de Transmision Electrica SA 0.07
160 Iraq International Bond 0.07
161 Empresa de los Ferrocarriles del Estado 0.06
162 Russian Foreign Bond - Eurobond 0.00
163 Vnesheconombank Via VEB Finance PLC 0.00

Fees

Flat fee
0.0000%

Distributions

No distributions. Continuous reinvestment of income.

Sales Authorisations

Market
Sales authorisations status
Switzerland
Institutional Only*

Literature

en
de
fr
it
Brochures
Document type
Document Language
Fact Sheet
Facts & Conditions
ASIP ESG Report
Fact Sheet - Bond
fr fr
en en
de de
Fact Sheet - Emerging Markets
fr fr
en en
de de
Agreement / Prospectus
Document type
Document Language
Prospectus
Past performance
Previous performance scenario
Annual and semi-annual report (accounting on March 31)
Document type
Document Language
Annual report
Please wait for the requested content to load. If there is no response after several minutes, please reload the page or try again later.