Overview

The actively managed fund invests in short-dated fixed income securities that are largely issued by companies and denominated in the fund's reference currency

The majority of issuers have investment-grade ratings (AAA to BBB-).

The investment objective is to achieve an attractive return by exploiting the performance potential of corporate bonds, which is higher than that of government bonds.

Interest-rate risk is limited to the short-dated segment.

The portfolio manager is not tied to the benchmark in terms of investment selection or weight.

This sub-fund promotes environmental and/or social characteristics but does not have a sustainable investment objective.

Benefits

Clients benefit from a portfolio that is broadly diversified across various sectors and ratings and from meticulous issuer selection. The latter is based on the in-depth credit research carried out by our expert team of professional corporate bond analysts.

Clients can benefit from the return potential of corporate bonds. They offer greater potential than government bonds as the credit risk associated with corporate bonds is generally compensated with a higher return.

The fund has a lower interest-rate risk than medium- or long-term bond investments.

Risks

Even though the credit quality of the portfolio is investment grade, the default risk is higher with corporate bonds than with government paper. Changes in interest rates have an effect on the value of the portfolio. This requires corresponding risk tolerance and capacity. Sustainability risks are environmental, social or governance events or conditions that can have a material negative effect on the return, depending on the relevant sector, industry and company exposure. Sustainability risk: the risk arising from any environmental, social or governance events or conditions that, were they to occur, could cause a material negative impact on the value of the investment. All investments are subject to market fluctuations. Every fund has specific risks, which may increase considerably in unusual market conditions. The fund can use derivatives, which may result in additional risks (particularly counterparty risk). 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
Bond
Aggregate
Product domicile
Luxembourg
Portfolio management
UBS SA国际传谋 Switzerland AG, Zurich
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
UBS Fund Management (Switzerland) AG
Day of inception
July 8, 2020
Currency of account
EUR
Close of financial year
May 31
SFDR Classification
Art.8
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Ongoing costs p.a.
0.11% p.a.
Management fee
0.00% p.a.
Total expense ratio (TER)
0.09% p.a.
Minimum investment
n.a.
Reference Index / Benchmark
Bloomberg Euro Corporate Index 500mio+ 1-3yrs
Cut-Off Time
15:00h(CET)
Securities no.
4731864
ISIN
LU0396350380
Bloomberg Ticker
UBSIBAE LX

Performance and Prices

Percentage growth

as of April 23, 2026
Cumulative
EUR(%) CHF(%) USD(%)
YTD 0.27 -1.10 -0.01
1M
3M
6M
1Y
2Y 3.35 2.47 17.22
3Y
5Y 8.55 -9.83 5.50
ø p.a.5Y 1.65 -2.05 1.08

Current data
Net asset value 23.04.2026 EUR 109.78
High - last 12 months 27.02.2026 EUR 110.28
Low - last 12 months 02.05.2025 EUR 107.26
Assets of the unit class in mn 23.04.2026 EUR 35.47
Total product assets in mn 23.04.2026 EUR 396.81

Structures

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

 
 
 
1 UBS Lux Bond Fund - Euro High Yield EUR 2.73
2 Banco Santander SA 2.52
3 Morgan Stanley 2.52
4 DnB Bank ASA 2.13
5 UniCredit SpA 1.99
6 KBC Group NV 1.88
7 Societe Generale SA 1.86
8 Cooperatieve Rabobank UA 1.79
9 Deutsche Bank AG 1.79
10 UBS Group AG 1.78
11 ING Groep NV 1.75
12 Bank of America Corp 1.75
13 Svenska Handelsbanken AB 1.72
14 Eni SpA 1.71
15 Banque Federative du Credit Mutuel SA 1.65
16 AstraZeneca PLC 1.65
17 Goldman Sachs Group Inc/The 1.63
18 Allianz SE 1.53
19 Engie SA 1.51
20 Barclays PLC 1.51
21 Nordea Bank Abp 1.46
22 BPCE SA 1.43
23 BNP Paribas SA 1.39
24 UBS Lux Bond SICAV - Emerging Economies Corporate USD 1.39
25 Koninklijke KPN NV 1.37
26 TotalEnergies SE 1.35
27 NOVOB 2 3/8 05/27/28 1.29
28 British Telecommunications PLC 1.28
29 EDP Finance BV 1.24
30 HSBC Holdings PLC 1.20
31 Roche Finance Europe BV 1.19
32 Danske Bank A/S 1.19
33 Orange SA 1.16
34 Australia & New Zealand Banking Group Ltd 1.09
35 AIB Group PLC 1.08
36 Reckitt Benckiser Treasury Services PLC 1.08
37 National Bank of Canada 1.08
38 JPMorgan Chase & Co 1.01
39 National Grid North America Inc 0.98
40 Banco de Sabadell SA 0.94
41 Citigroup Inc 0.93
42 UBS Lux Bond SICAV - Asian High Yield USD 0.92
43 Heineken NV 0.91
44 BMW International Investment BV 0.91
45 Verizon Communications Inc 0.90
46 CRH Funding BV 0.86
47 Skandinaviska Enskilda Banken AB 0.86
48 Credit Agricole SA 0.81
49 Mercedes-Benz International Finance BV 0.75
50 AT&T Inc 0.75
51 Pacific Life Global Funding II 0.75
52 BP Capital Markets PLC 0.75
53 American Tower Corp 0.75
54 Cellnex Telecom SA 0.75
55 Scentre Group Trust 1 / Scentre Group Trust 2 0.74
56 Heimstaden Bostad AB 0.72
57 AXA SA 0.68
58 Coca-Cola Europacific Partners PLC 0.68
59 ABB Finance BV 0.67
60 AbbVie Inc 0.67
61 Lloyds Banking Group PLC 0.66
62 Daimler Truck International Finance BV 0.66
63 Pfizer Netherlands International Finance BV 0.65
64 AMPRIO 3 12/05/29 0.64
65 Deutsche Telekom International Finance BV 0.63
66 Grand City Properties SA 0.63
67 Vonovia SE 0.62
68 International Business Machines Corp 0.61
69 Altrad Investment Authority SAS 0.61
70 Aker BP ASA 0.60
71 Bayer AG 0.59
72 Aargauische Kantonalbank 0.56
73 FWD Group Holdings Ltd 0.56
74 Bayer US Finance II LLC 0.54
75 Teva Pharmaceutical Finance Netherlands II BV 0.54
76 Carlsberg Breweries A/S 0.53
77 NTT Finance Corp 0.52
78 Raiffeisen Bank International AG 0.52
79 Informa PLC 0.50
80 Digital Euro Finco LLC 0.50
81 Repsol International Finance BV 0.49
82 Enel SpA 0.48
83 JDE Peet's NV 0.47
84 TotalEnergies Capital International SA 0.47
85 OC Oerlikon Corp AG Pfaeffikon 0.47
86 Capgemini SE 0.46
87 Stellantis Finance US Inc 0.45
88 CPI Property Group SA 0.44
89 Riyad Sukuk Ltd 0.42
90 SES SA 0.41
91 Barry Callebaut Services NV 0.40
92 Intesa Sanpaolo SpA 0.40
93 ABN AMRO Bank NV 0.34
94 Siemens Financieringsmaatschappij NV 0.33
95 BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mex 0.33
96 Iberdrola Finanzas SA 0.32
97 Coca-Cola Co/The 0.30
98 Amcor UK Finance PLC 0.28
99 Anheuser-Busch InBev SA/NV 0.28
100 VF Corp 0.27
101 Cie de Saint-Gobain SA 0.26
102 National Bank of Greece SA 0.25
103 American International Group Inc 0.25
104 Procter & Gamble Co/The 0.24
105 Jyske Bank A/S 0.24
106 DBSSP 5.065 02/13/31 0.23
107 Medline Borrower LP 0.22
108 Colombia Telecomunicaciones SA ESP 0.20
109 Banco Bilbao Vizcaya Argentaria SA 0.20
110 ENEL Finance International NV 0.17
111 ING GROEP NV-REG-S-SUB 2.125%/VAR 20-26.05.31 0.15
112 Credit Agricole SA/London 0.13
113 Societatea Nationala de Gaze Naturale ROMGAZ SA 0.11
114 US 5YR NOTE (CBT) Jun26 -0.01
115 AUST 3YR BOND FUT Mar26 -0.01

Fees

Ongoing costs p.a.
0.1062%
Flat fee
0.0650%
Management fee p.a.
0.0000%

Distributions

No distributions. Continuous reinvestment of income.

Sales Authorisations

Market
Sales authorisations status
Australia
Institutional Only*
Finland
Registered
Luxembourg
Registered
Netherlands
Registered
Singapore
Institutional Only*
Switzerland
Registered

Literature

en
de
fr
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es
Brochures
Document type
Document Language
Fact Sheet
es es
fr fr
it it
de de
en en
Swiss Climate Scores Report
ASIP ESG Report
Fact Sheet - Bond
en en
es es
fr fr
it it
de de
Fact Sheet - Aggregate
de de
it it
es es
en en
fr fr
Agreement / Prospectus
Document type
Document Language
Prospectus
Key Information Document
Past performance
Previous performance scenario
Statutes / Management regulations
ESG Disclosure
SFDR Pre-Contractual Annex
Annual and semi-annual report (accounting on May 31)
Document type
Document Language
Annual report
SFDR Periodic Report Annex
Semi-annual report
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