Overview
Select Alternative Strategies ICAV - A&Q (Irl) Alpha Select Master is a broad based diversified fund of funds that seeks to consistently realize risk-adjusted appreciation in the value of its assets over an economic market cycle (3-5 years) by maintaining a portfolio of hedge fund investments which typically have low to moderate correlation to traditional benchmarks and demonstrate a balance of strategies, markets and risks. The fund typically allocates to Credit/Income, Equity Hedged, Multi-Strategy, Relative Value, and Trading investment strategies. From time to time, the manager of fund may adjust portfolio allocations to certain sectors based on macro environment factors and/or specific market events.
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 |
Ireland
|
| Portfolio management |
UBS SA国际传谋 (Americas) LLC, New York
|
| Fund management |
UBS SA国际传谋 (Europe) S.A., Luxembourg
|
| Custodian bank |
Mitsubishi UFS Investor Services & Banking (Luxembourg) S.A., Dublin Branch
|
| Representative for products established under foreign law |
UBS Fund Management (Switzerland) AG
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| Day of inception |
April 30, 2018
|
| Currency of account |
USD
|
| Close of financial year |
December 31
|
| SFDR Classification |
Art.6
|
| Issue |
monthly
|
| Redemption |
quarterly
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
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| Ongoing costs p.a. |
3.11% p.a.
|
| Performance fee |
10.00%
|
| Management fee |
0.30% p.a.
|
| Minimum investment |
n.a.
|
| Securities no. |
38464209
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| ISIN |
IE00BF4W6V97
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Performance and Prices
Percentage growth
as of March 31, 2026
Cumulative
| USD(%) | |
| YTD | -0.14 |
| 1M | |
| 3M | |
| 6M | |
| 1Y | |
| 2Y | 9.14 |
| 3Y | |
| 5Y | 36.72 |
| ø p.a.5Y | 6.46 |
Current data
| Net asset value | 31.03.2026 | USD 167.01 |
| High - last 12 months | 28.02.2026 | USD 174.09 |
| Low - last 12 months | 30.04.2025 | USD 156.67 |
| Assets of the unit class in mn | 31.03.2026 | USD 11.51 |
| Total product assets in mn | 31.03.2026 | USD 209.68 |
Structures
Fees
Ongoing costs p.a.
3.11%
Flat fee
0.30%
Management fee p.a.
0.30%
Max. redemption commission
0.00%
Max. issuing commission
3.00%
Swiss federal stamp duty
0.15%
Distribution fee
(see info)
Performance Fee
10.00%
Distributions
No distributions. Continuous reinvestment of income.
Sales Authorisations
Literature
Agreement / Prospectus
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Document Language
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| Key Information Document |
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| Past performance |
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| Previous performance scenario |
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General information
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Document type
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Document Language
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| Tax list |
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