Overview

The actively managed fund invests mainly in RMB-denominated fixed-income instruments that are primarily issued by, but not limited to, the central government or local governments, government-related entities, banks and other financial institutions or corporate entities.

Investments are conducted in the onshore China Interbank Bond Market (CIBM), and may include both direct securities (physical bonds) and derivatives related to fixed income securities where allowed.

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

Benefits

This diversified bond portfolio can be used to participate in the opportunities in the China fixed income market , as well as exposure to Chinese Yuan.

The fund is managed across duration, yield curve, sector and security selection in accordance with market conditions. This allows the portfolio to be dynamically adjusted throughout market cycles.

Risks

The fund offers higher return potential than a developed market bond portfolio and therefore bears a higher risk. In addition, emerging markets are at an early stage of development which can typically involve a high level of price volatility and other specific risks such as lower market transparency, regulatory hurdles, corporate governance and political and social challenges. Corresponding risk tolerance and capacity are required. All investments are subject to market fluctuations. The fund can invest in less liquid assets that may be difficult to sell in the case of distressed markets. 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). 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
Bond
Aggregate
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
Day of inception
October 15, 2019
Currency of account
USD
Close of financial year
May 31
SFDR Classification
Art.6
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Ongoing costs p.a.
0.03% p.a.
Management fee
0.00% p.a.
Total expense ratio (TER)
0.03% p.a.
Minimum investment
n.a.
Reference Index / Benchmark
Bloomberg China Aggregate Index (hedged USD)
Cut-Off Time
11:00h(CET)
Securities no.
50267598
ISIN
LU2058912770
Bloomberg Ticker
UBFIRUH LX

Performance and Prices

Percentage growth

as of April 23, 2026
Cumulative
USD(%) CHF(%) EUR(%)
YTD 1.81 0.71 2.11
1M
3M
6M
1Y
2Y 3.51 -9.51 -8.73
3Y
5Y 34.32 14.80 38.20
ø p.a.5Y 6.08 2.80 6.68

Current data

Net asset value 24.04.2026 USD 139.13
High - last 12 months 22.04.2026 USD 139.20
Low - last 12 months 24.04.2025 USD 133.72
Assets of the unit class in mn 24.04.2026 USD 13.08
Total product assets in mn 24.04.2026 USD 469.79
Option Adjusted Duration 31.03.2026 5.20

Structures

Fees

Ongoing costs p.a.
0.0294%
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*
Luxembourg
Registered
Singapore
Institutional Only*
Switzerland
Registered

Literature

Brochures
Document type
Document Language
Fact Sheet
ASIP ESG Report
Fact Sheet - Bond
Fact Sheet - Aggregate
Agreement / Prospectus
Document type
Document Language
Prospectus
Key Information Document
Past performance
Previous performance scenario
Statutes / Management regulations
Annual and semi-annual report (accounting on May 31)
Document type
Document Language
Annual report
Semi-annual report
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