Overview

Actively managed long shot portfolio which aims to generate absolute positive returns by exploiting the inefficiencies of the small and mid-cap markets in Europe with a focus on German speaking countries.

The portfolio managers buy the equities they think will perform best, while at the same time selling stocks in companies that, in their views, will underperform the market.

The objective is to create a portfolio that has lower volatility, less correlation with the equity markets and a better risk-adjusted performance than a long-only fund.

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

Benefits

An investment strategy that aims to produce returns driven by stock selection while achieving some downside protection in declining equity markets.

Maximising opportunities from unique and uncorrelated sources of performance.

The Fund offers daily liquidity.

Risks

The Fund delivers both long and short exposure to equities, in order to reduce the volatility of the portfolio relative to a common long only fund. Despite the expected reduction in volatility, the Fund can still be subject to high fluctuations in value. As the fund uses derivatives & sophisticated leverage techniques, investors must be willing to bear the additional risk involved. Other risks include counterparty, operational and currency risk although portfolio positions are hedged back to the Fund's EUR base currency unless stated otherwise. GBP hedged share classes aim to mitigate fluctuations in the GBP/EUR exchange rate for GBP based investors.

Features

Product category
UBS Hedge Funds
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
January 22, 2021
Currency of account
SEK
Close of financial year
May 31
SFDR Classification
Art.8
Issue / redemption
other
Distribution
Reinvestment
Maturity
Open end
Ongoing costs p.a.
1.05% p.a.
Performance fee
20.00%
Management fee
0.70% p.a.
Total expense ratio (TER)
1.07% p.a.
Swing pricing
yes
Minimum investment
n.a.
Securities no.
59061539
ISIN
LU2279408913
Bloomberg Ticker
CSSMAIB LX
Reuters Id
59061539X.CHE

Performance and Prices

Percentage growth

as of November 8, 2024
Cumulative
SEK(%) CHF(%) EUR(%) USD(%)
YTD -1.07 -4.33 -5.27 -7.83
1M
3M
6M
1Y
2Y 5.75 -0.54 5.63 9.33
3Y -7.39 -29.82 -20.89 -26.63
5Y
ø p.a.5Y -2.52 -11.14 -7.51 -9.81

Current data
Net asset value 08.11.2024 SEK 929.03

Structures

Fees

Ongoing costs p.a.
1.05%
Flat fee
n.a.
Management fee p.a.
0.70%
Max. redemption commission
n.a.
Max. issuing commission
1.00%
Swiss federal stamp duty
0.15%
Distribution fee
(see info)
Performance Fee
20.00%

Distributions

No distributions. Continuous reinvestment of income.

Sales Authorisations

Market
Sales authorisations status
Australia
Institutional Only*
Austria
Registered
Bahrain
Institutional Only*
France
Registered
Germany
Registered
Italy
Institutional Only*
Luxembourg
Registered
Spain
Registered
Sweden
Registered
Switzerland
Registered

Literature

en
de
fr
it
Agreement / Prospectus
Document type
Document Language
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
General information
Document type
Document Language
Tax list
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