Overview

Actively managed equity fund based on an equity portfolio investing in selected Chinese companies.

The manager is given great flexibility to take focused views on the most attractive stocks and exploit the best opportunities, unconstrained by the reference index.

Diversified across sectors offering broad coverage of the onshore and offshore Chinese equity market.

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

Benefits

Easy access to investment opportunities provided by a rapidly growing Chinese economy. Investors gain access to all classes of shares, providing exposure to onshore and offshore China equities: A, B and H shares, Red chips, P chips and ADRs.

Due to the significant deviation from the reference index, the fund offers the potential to outperform the reference index.

Investors benefit from UBS being one of the few asset managers with a truly global investment platform.

The experienced portfolio management team can leverage local investment expertise in the Chinese market via our joint venture UBS SDIC in China.

Risks

UBS Emerging Market Funds invest in equities and may therefore be subject to high fluctuations in value. As these UBS Funds pursue an active management style, each Fund's performance can deviate from that of its reference index. Investors should also be aware of the political and social challenges that emerging markets face. 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 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.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
Equity
Asia
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
UBS Fund Management (Switzerland) AG
Legal form
SICAV
Day of inception
February 25, 2019
Currency of account
USD
Close of financial year
May 31
SFDR Classification
Art.8
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Ongoing costs p.a.
0.06% p.a.
Flat fee
0.00% p.a.
Management fee
0.00% p.a.
Total expense ratio (TER)
0.03% p.a.
Minimum investment
n.a.
Reference Index / Benchmark
MSCI China All-Share (net div. reinv.)
Cut-Off Time
13:00h(CET)
Securities no.
41207674
ISIN
LU1807302572
Bloomberg Ticker
UBACIXA LX

Performance and Prices

Percentage growth

as of April 23, 2026
Cumulative
USD(%) CHF(%) EUR(%)
YTD -2.06 -3.12 -1.78
1M
3M
6M
1Y
2Y 29.05 12.81 13.78
3Y
5Y -30.05 -40.22 -28.03
ø p.a.5Y -6.90 -9.78 -6.37

Current data

Net asset value 24.04.2026 USD 113.77
High - last 12 months 29.01.2026 USD 122.86
Low - last 12 months 29.04.2025 USD 97.54
Assets of the unit class in mn 24.04.2026 USD 90.66
Total product assets in mn 24.04.2026 USD 1,200.53
Statistical data
Date
2 years
5 years
Total risk reference index / benchmark 31.03.2026 20.14% 23.51%
Sharpe Ratio 31.03.2026 0.51 -0.40
Risk Free Rate 31.03.2026 4.55% 3.51%

Structures

By the 10 largest equity positions (in %, as of March 31, 2026)

 
 
TENCENT HOLDINGS LTD 9.47
KWEICHOW MOUTAI CO LTD A 8.26
NETEASE INC 8.13
ALIBABA GROUP HOLDING LTD 5.71
CHINA MERCHANTS BANK-H 5.33
FAR EAST HORIZON LTD 4.71
AIA GROUP LTD 4.41
PING AN INSURANCE GROUP CO-H 3.61
CHINA MOBILE LIMITED 2.61
CSPC PHARMACEUTICAL GROUP LT 2.52

Fees

Ongoing costs p.a.
0.0559%
Flat fee
0.0000%
Management fee p.a.
0.0000%

Distributions

No distributions. Continuous reinvestment of income.

Sales Authorisations

Market
Sales authorisations status
Australia
Institutional Only*
Bahrain
Institutional Only*
Chile
Institutional Only*
Luxembourg
Registered
Mexico
Institutional Only*
Singapore
Institutional Only*
Switzerland
Registered

Literature

Brochures
Document type
Document Language
Fact Sheet
Swiss Climate Scores Report
ASIP ESG Report
Fact Sheet - Equity
Fact Sheet - Asia
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
Please wait for the requested content to load. If there is no response after several minutes, please reload the page or try again later.