Overview
The investment fund invests at least two-thirds of its assets in contingent capital securities and other hybrid, subordinated financial instruments issued by financial institutions.
These securities are predominantly rated below investment grade.
The main focus is on banks and insurance companies with solid capitalization, where the additional risk of this lower credit segment is expected to be compensated with higher returns.
In order to manage risk and liquidity the fund maintains flexibility to invest across the capital structure (eg. adding senior bonds) and may use financial derivative instruments to hedge existing positions.
Benefits
Clients can profit from an actively managed portfolio with high return potential that is composed using strict criteria in terms of security and sector selection and credit quality.
Clients can particularly benefit from UBS's expertise in markets where transparency and access to information may be limited.
The fund represents an attractive addition to a portfolio, offering high return potential from the largest sector in Global Credit whilst maintaining risk diversification.
Risks
Features
| Product category |
UBS Bond Funds UBS High Yield Funds |
| Product domicile |
Luxembourg
|
| Portfolio management |
UBS SA国际传谋 (UK) Ltd., London
|
| Fund management |
UBS SA国际传谋 (Europe) S.A., Luxembourg
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| Custodian bank |
UBS Europe SE, Luxembourg Branch
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| Representative for products established under foreign law |
UBS Fund Management (Switzerland) AG
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| Day of inception |
June 11, 2019
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| Currency of account |
USD
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| Close of financial year |
October 31
|
| SFDR Classification |
Art.8
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| Issue / redemption |
daily
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| Maturity |
Open end
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| Ongoing costs p.a. |
0.84% p.a.
|
| Management fee |
0.53% p.a.
|
| Total expense ratio (TER) |
0.91% p.a.
|
| Swing pricing |
yes
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| Minimum investment |
n.a.
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| Reference Index / Benchmark | |
| Cut-Off Time |
15:00h(CET)
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| Securities no. |
48073327
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| ISIN |
LU2001707251
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| Bloomberg Ticker |
CLCEIAH LX
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| Reuters Id |
48073327X.CHE
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Performance and Prices
Percentage growth
as of April 23, 2026| USD(%) | CHF(%) | EUR(%) | |
| YTD | 1.65 | 0.55 | 1.94 |
| 1M | |||
| 3M | |||
| 6M | |||
| 1Y | |||
| 2Y | 10.51 | -3.39 | -2.56 |
| 3Y | |||
| 5Y | 27.76 | 9.20 | 31.46 |
| ø p.a.5Y | 5.02 | 1.77 | 5.62 |
Current data
| Net asset value | 23.04.2026 | USD 1,034.05 |
| High - last 12 months | 15.12.2025 | USD 1,072.19 |
| Low - last 12 months | 24.04.2025 | USD 982.86 |
| Last distribution | 18.12.2025 | USD 60.63 |
| Assets of the unit class in mn | 23.04.2026 | USD 12.71 |
| Total product assets in mn | 23.04.2026 | USD 91.70 |
| Option Adjusted Duration | 31.03.2026 | 3.20 |
| Average remaining maturity | 31.03.2026 | 4.50 years |
Structures
Capital Allocation (in %, as of March 31, 2026)
|
|
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| Contingent Capital | 87.50 |
| Cash & Equivalents | 8.23 |
| Senior | 2.78 |
| Tier 1 | 1.49 |
| Lower Tier 2 | 0.00 |
By the 10 largest positions (in %, as of January 31, 2025)
|
|
|
| BARCLAYS BANK PLC | 3.11 |
| UBS Group AG | 3.04 |
| COMMERZBANK AG | 2.91 |
| RAIFFEISEN BANK INTL | 2.90 |
| DEUTSCHE BANK AG | 2.89 |
Fees
Distributions
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Date of distribution
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Pay date
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Cps no.
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Currency
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Distribution
|
|
| 16.12.2025 | 18.12.2025 | - | USD | 60.63 |
Sales Authorisations
Literature
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Document type
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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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| Statutes / Management regulations |
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Document type
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Document Language
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| Annual report |
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| Semi-annual report |
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