Overview

Very actively managed equity fund based on a concentrated 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 Chinese 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 China equity exposure: A, B and H shares as well as Red Chips

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 Opportunity Equity 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 substantially from that of its reference index. 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. 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
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
Day of inception
March 10, 2020
Currency of account
USD
Close of financial year
November 30
SFDR Classification
Art.8
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Ongoing costs p.a.
1.18% p.a.
Flat fee
1.13% p.a.
Management fee
0.90% p.a.
Total expense ratio (TER)
1.14% p.a.
Minimum investment
n.a.
Reference Index / Benchmark
MSCI China 10/40 (net div. reinv.)
Cut-Off Time
13:00h(CET)
Securities no.
50268972
ISIN
LU2059874102
Bloomberg Ticker
UBCOUIA LX

Performance and Prices

Percentage growth

as of April 23, 2026
Cumulative
USD(%) CHF(%) EUR(%)
YTD -2.79 -3.84 -2.51
1M
3M
6M
1Y
2Y 30.27 13.88 14.86
3Y
5Y -31.51 -41.46 -29.53
ø p.a.5Y -7.29 -10.16 -6.76

Current data

Net asset value 24.04.2026 USD 90.51
High - last 12 months 09.10.2025 USD 99.30
Low - last 12 months 29.04.2025 USD 78.68
Assets of the unit class in mn 24.04.2026 USD 0.08
Total product assets in mn 24.04.2026 USD 3,016.54
Statistical data
Date
2 years
5 years
Total risk reference index / benchmark 31.03.2026 21.71% 26.90%
Sharpe Ratio 31.03.2026 0.48 -0.42
Risk Free Rate 31.03.2026 4.55% 3.51%

Structures

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

 
 
 
1 Tencent Holdings Ltd 9.65
2 Alibaba Group Holding Ltd 7.99
3 NetEase Inc 7.55
4 Kweichow Moutai Co Ltd 6.56
5 Far East Horizon Ltd 4.33
6 China Merchants Bank Co Ltd 4.19
7 AIA Group Ltd 3.77
8 Contemporary Amperex Technology Co Ltd 3.37
9 Shenzhen International Holdings Ltd 2.96
10 Ping An Insurance Group Co of China Ltd 2.80
11 PDD Holdings Inc 2.57
12 Midea Group Co Ltd 2.51
13 Zijin Gold International Co Ltd 2.44
14 CSPC Pharmaceutical Group Ltd 2.03
15 China Resources Land Ltd 1.95
16 China Mobile Ltd 1.91
17 Futu Holdings Ltd 1.78
18 Anhui Gujing Distillery Co Ltd 1.68
19 China Overseas Land & Investment Ltd 1.64
20 MONTAGE TECHNOLOGY CO LTD-H 1.61
21 China Jinmao Holdings Group Ltd 1.38
22 Yihai International Holding Ltd 1.18
23 Lens Technology Co Ltd 1.16
24 Zijin Mining Group Co Ltd 1.14
25 Industrial & Commercial Bank of China Ltd 1.10
26 TAL Education Group 1.10
27 SANY HEAVY INDUSTRY CO LTD-H 1.07
28 Kanzhun Ltd 1.01
29 Meituan 1.01
30 Jiangsu Hengrui Pharmaceuticals Co Ltd 1.01
31 SSY Group Ltd 0.96
32 Hansoh Pharmaceutical Group Co Ltd 0.88
33 EASTROC BEVERAGE GROUP CO -H 0.74
34 Pop Mart International Group Ltd 0.74
35 Insilico Medicine Cayman TopCo 0.66
36 New Oriental Education & Technology Group Inc 0.66
37 OMNIVISION INTEGRATED CIRC-H 0.66
38 China Resources Mixc Lifestyle Services Ltd 0.58
39 Anhui Conch Cement Co Ltd 0.56
40 Chinasoft International Ltd 0.54
41 ANTA Sports Products Ltd 0.54
42 Trip.com Group Ltd 0.43
43 Chanjet Information Technology Co Ltd 0.34
44 Longfor Group Holdings Ltd 0.33
45 WuXi XDC Cayman Inc 0.31
46 MUYUAN FOODS CO LTD-H 0.31
47 Shanghai Iluvatar CoreX Semiconductor Co Ltd 0.30
48 Shenzhen Woer Heat-Shrinkable Material Co Ltd 0.30
49 Sun King Technology Group Ltd 0.28
50 Shanghai Biren Technology Co Ltd 0.27
51 Bloks Group Ltd 0.27
52 Dongfang Electric Corp Ltd 0.26
53 Shenzhen Edge Medical Co Ltd 0.21
54 China Resources Beverage Holdings Co Ltd 0.21
55 JINGDONG Industrials Inc 0.20
56 GenFleet Therapeutics Shanghai Inc 0.19
57 China Dongxiang Group Co Ltd 0.19
58 Dawnrays Pharmaceutical Holdings Ltd 0.17
59 Cheerwin Group Ltd 0.15
60 HashKey Holdings Ltd 0.14
61 Shenzhen Investment Ltd 0.13
62 Horizon Construction Development Ltd 0.13
63 Onewo Inc 0.07
64 Tong Ren Tang Technologies Co Ltd 0.06
65 IFBH Ltd 0.05
66 Fibocom Wireless Inc 0.03
67 Jupai Holdings Ltd 0.00

Fees

Ongoing costs p.a.
1.1787%
Flat fee
1.1300%
Management fee p.a.
0.9000%

Distributions

No distributions. Continuous reinvestment of income.

Sales Authorisations

Market
Sales authorisations status
Chile
Institutional Only*
Costa Rica
Institutional Only*
Finland
Registered
Luxembourg
Registered
Switzerland
Registered

Literature

Brochures
Document type
Document Language
Fact Sheet
Swiss Climate Scores Report
ASIP ESG Report
Video
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 November 30)
Document type
Document Language
Annual report
SFDR Periodic Report Annex
Semi-annual report
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