Overview

The actively managed fund invests primarily in investment grade corporate bonds denominated in EUR.

The fund aims to primarily exploit investment opportunities available from ratings sector allocation and from issuer selection while aiming for diversification of individual holdings.

This fund promotes environmental, social and corporate governance characteristics.

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

This sub-fund promotes environmental and/or social characteristics but does not have a sustainable investment objective.

Benefits

Investors benefit from the return potential of corporate bonds, which is typically higher than government bonds.

Active portfolio management provides for careful assessment of macro-economic environment, investor sentiment, sector allocation and issuers' credit profile and development.

Integrating material sustainability criteria into credit research alongside financial analysis enhances our credit research and helps us make better informed investment decisions as well as providing a more holistic risk assessment.

The portfolio is subject to strict risk management and broadly diversified.

Risks

Default risk is higher for corporate bonds than government bonds despite the credit quality of the portfolio being investment grade. Changes in interest rates affect the value of the portfolio which requires corresponding risk tolerance and capacity. 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. The strategy can invest in less liquid assets that may be difficult to sell in distressed markets. Every portfolio has specific risks, which may increase considerably in unusual market conditions and 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.

Features

Product category
Bond
Corporates
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
Custodian bank
UBS Europe SE, Luxembourg Branch
Representative for products established under foreign law
UBS Fund Management (Switzerland) AG
Day of inception
April 19, 2023
Currency of account
EUR
Close of financial year
May 31
SFDR Classification
Art.8
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 Euro Aggregate 500mio+ Corporate Index
Cut-Off Time
15:00h(CET)
Securities no.
125101476
ISIN
LU2589240618
Bloomberg Ticker
UBECSIX LX

Performance and Prices

Percentage growth

as of April 23, 2026
Cumulative
EUR(%) CHF(%) USD(%)
YTD 0.11 -1.26 -0.17
1M
3M
6M
1Y
2Y 3.86 2.98 17.80
3Y 16.78 9.29 24.63
5Y
ø p.a.5Y 5.31 3.01 7.62

Current data
Net asset value 23.04.2026 EUR 116.83
High - last 12 months 23.02.2026 EUR 118.24
Low - last 12 months 14.05.2025 EUR 113.34
Assets of the unit class in mn 23.04.2026 EUR 26.07
Total product assets in mn 23.04.2026 EUR 947.05
Theoretical yield to worst (gross) 31.03.2026 4.17%

Structures

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

 
 
 
1 Deutsche Bank AG 1.98
2 Raiffeisen Bank International AG 1.79
3 Societe Generale SA 1.68
4 CTP NV 1.40
5 BP Capital Markets PLC 1.27
6 ENEL Finance International NV 1.26
7 CPI Property Group SA 1.23
8 WP Carey Inc 1.16
9 Verizon Communications Inc 1.16
10 UBS Group AG 1.16
11 ING Groep NV 1.08
12 Wintershall Dea Finance BV 1.07
13 Ford Motor Credit Co LLC 1.03
14 NatWest Group PLC 1.02
15 European SA国际传谋 1.02
16 JPMorgan Chase & Co 1.01
17 Cooperatieve Rabobank UA 1.00
18 Coca-Cola Europacific Partners PLC 1.00
19 BPCE SA 0.98
20 Goldman Sachs Group Inc/The 0.95
21 Terna - Rete Elettrica Nazionale 0.94
22 Amprion GmbH 0.93
23 Citigroup Inc 0.91
24 Lloyds Banking Group PLC 0.90
25 Public Storage Operating Co 0.89
26 Capgemini SE 0.88
27 Svenska Handelsbanken AB 0.85
28 Bank of America Corp 0.84
29 Orange SA 0.83
30 Banque Federative du Credit Mutuel SA 0.82
31 APA Infrastructure Ltd 0.82
32 Zuercher Kantonalbank 0.80
33 International Business Machines Corp 0.79
34 AT&T Inc 0.77
35 Air Liquide Finance SA 0.75
36 Barclays PLC 0.74
37 Aroundtown SA 0.73
38 Magnum Icc Finance BV 0.71
39 BNP Paribas SA 0.70
40 ABN AMRO Bank NV 0.68
41 Intesa Sanpaolo SpA 0.66
42 Morgan Stanley 0.66
43 Pfizer Netherlands International Finance BV 0.66
44 Informa PLC 0.66
45 AXA SA 0.65
46 HSBC Holdings PLC 0.62
47 Banco de Sabadell SA 0.62
48 Deutsche Boerse AG 0.61
49 SES SA 0.60
50 Var Energi ASA 0.60
51 mBank SA 0.58
52 BUPA Finance PLC 0.56
53 Bank of Ireland Group PLC 0.55
54 Roche Finance Europe BV 0.54
55 Argentum Netherlands BV for Givaudan SA 0.53
56 Sumitomo Mitsui Financial Group Inc 0.53
57 General Motors Financial Co Inc 0.51
58 Commonwealth Bank of Australia 0.50
59 EXOR NV 0.50
60 TotalEnergies SE 0.49
61 Pernod Ricard SA 0.48
62 Vonovia SE 0.48
63 Banco de Credito Social Cooperativo SA 0.47
64 Dover Corp 0.47
65 BMW International Investment BV 0.47
66 ING Bank NV 0.47
67 Redexis SA 0.47
68 Novo Nordisk Finance Netherlands BV 0.47
69 Danske Bank A/S 0.46
70 Symrise AG 0.46
71 Sanofi SA 0.45
72 Credit Agricole SA/London 0.45
73 Engie SA 0.45
74 Sage Group PLC/The 0.45
75 Fastighets AB Balder 0.44
76 Stellantis NV 0.43
77 FINPOW 3 1/4 03/20/34 0.42
78 Swiss Life Finance I AG 0.42
79 Oncor Electric Delivery Co LLC 0.42
80 SAP SE 0.42
81 United Utilities Water Finance PLC 0.42
82 DnB Bank ASA 0.41
83 Banco Santander SA 0.41
84 Deutsche Telekom International Finance BV 0.41
85 Amcor UK Finance PLC 0.41
86 Ibercaja Banco SA 0.40
87 Italgas Reti SpA 0.40
88 Gecina SA 0.40
89 AstraZeneca PLC 0.40
90 Baxter International Inc 0.40
91 Koninklijke KPN NV 0.40
92 Iberdrola Finanzas SA 0.40
93 Ferrari NV 0.39
94 NOVOB 2 3/8 05/27/28 0.39
95 Stedin Holding NV 0.39
96 IDS Financing PLC 0.39
97 UniCredit SpA 0.39
98 DSV Finance BV 0.39
99 Edenred SE 0.38
100 Piraeus Bank SA 0.38
101 Credit Mutuel Arkea SA 0.37
102 MSD Netherlands Capital BV 0.36
103 Credit Agricole SA 0.36
104 Allianz SE 0.36
105 Nordea Bank Abp 0.36
106 Vier Gas Transport GmbH 0.36
107 Cofiroute SA 0.35
108 Altrad Investment Authority SAS 0.35
109 Eurobank SA 0.35
110 Abanca Corp Bancaria SA 0.35
111 CAJAMA 4 1/4 10/13/37 0.35
112 Euroclear Holding NV 0.34
113 Cellnex Finance Co SA 0.34
114 Booking Holdings Inc 0.34
115 P3 Group Sarl 0.33
116 Anheuser-Busch InBev SA/NV 0.33
117 Sky Ltd 0.33
118 Nationwide Building Society 0.33
119 Eni SpA 0.33
120 Ellevio AB 0.33
121 Reckitt Benckiser Treasury Services PLC 0.32
122 Siemens Financieringsmaatschappij NV 0.32
123 METRO AG 0.32
124 National Bank of Greece SA 0.31
125 Schneider Electric SE 0.31
126 Highland Holdings Sarl 0.30
127 NTT Finance Corp 0.30
128 Erste Group Bank AG 0.30
129 Carlsberg Breweries A/S 0.30
130 STANLN 3.717 01/14/34 0.30
131 Aker BP ASA 0.30
132 Banco Comercial Portugues SA 0.29
133 Heineken NV 0.29
134 Westpac Banking Corp 0.29
135 Eurogrid GmbH 0.29
136 Swedbank AB 0.29
137 Accor SA 0.29
138 Transurban Finance Co Pty Ltd 0.28
139 RENEPL 3 3/8 02/18/34 0.28
140 BMW US Capital LLC 0.28
141 Lonza Finance International NV 0.27
142 UBS AG/London 0.27
143 CEZ AS 0.27
144 Johnson & Johnson 0.26
145 Danone SA 0.26
146 Forvia SE 0.26
147 Zurich Finance Ireland Designated Activity Co 0.26
148 Naturgy Finance Iberia SA 0.25
149 Telefonica Emisiones SA 0.25
150 NBN Co Ltd 0.25
151 Cadent Finance PLC 0.25
152 Abertis Infraestructuras SA 0.25
153 Heimstaden Bostad AB 0.25
154 Aeroporti di Roma SpA 0.24
155 SIG Combibloc PurchaseCo Sarl 0.24
156 ELM BV for Swiss Prime Site AG 0.24
157 FCC Servicios Medio Ambiente Holding SA 0.23
158 Allianz Finance II BV 0.23
159 Teva Pharmaceutical Finance Netherlands II BV 0.23
160 Bankinter SA 0.23
161 Blue Owl Credit Income Corp 0.23
162 Metropolitan Life Global Funding I 0.23
163 Global Switch Finance BV 0.22
164 ZF Europe Finance BV 0.22
165 RTEFRA 2 5/8 07/08/29 0.22
166 Sagax AB 0.22
167 Commerzbank AG 0.22
168 Nestle Finance International Ltd 0.22
169 Abertis France SAS 0.22
170 Network Finance Co Pty Ltd 0.22
171 Unicaja Banco SA 0.22
172 CaixaBank SA 0.21
173 El Corte Ingles SA 0.21
174 Mapfre SA 0.21
175 Tesco Corporate Treasury Services PLC 0.21
176 Ausgrid Finance Pty Ltd 0.21
177 Prologis International Funding II SA 0.21
178 Digital Euro Finco LLC 0.21
179 Infrastrutture Wireless Italiane SpA 0.21
180 Athora Holding Ltd 0.20
181 Deutsche Telekom AG 0.20
182 Eurofins Scientific SE 0.20
183 Alliander NV 0.20
184 Autostrade per l'Italia SpA 0.19
185 Givaudan Finance Europe BV 0.19
186 Fresenius Medical Care AG 0.19
187 Banco BPM SpA 0.18
188 Lseg Netherlands BV 0.18
189 NN Group NV 0.18
190 Societatea Nationala de Gaze Naturale ROMGAZ SA 0.18
191 Novartis Finance SA 0.17
192 Titanium Ruth Holdco Ltd 0.17
193 Hemso Fastighets AB 0.17
194 Skandinaviska Enskilda Banken AB 0.17
195 DSM BV 0.17
196 ALPHA 4.308 07/23/36 0.17
197 REWE International Finance BV 0.16
198 Motability Operations Group PLC 0.16
199 National Grid PLC 0.16
200 Slovenske Elektrarne AS 0.16
201 KBC Group NV 0.15
202 Australia & New Zealand Banking Group Ltd 0.15
203 Air Baltic Corp AS 0.15
204 RELX Finance BV 0.15
205 REWEEG 2 3/4 07/03/28 0.14
206 Barry Callebaut Services NV 0.14
207 Traton Finance Luxembourg SA 0.14
208 Thermo Fisher Scientific Inc 0.14
209 Chorus Ltd 0.14
210 Comcast Corp 0.13
211 Linde PLC 0.13
212 APRR SA 0.13
213 Assa Abloy AB 0.13
214 Czechoslovak Group AS 0.12
215 Goodman Australia Finance Pty Ltd 0.12
216 Coca-Cola HBC Finance BV 0.12
217 Smurfit Kappa Treasury ULC 0.12
218 ASB Bank Ltd 0.11
219 AIB Group PLC 0.11
220 Iberdrola International BV 0.09
221 Discovery Global Holdings Inc 0.08
222 Vodafone Group PLC 0.07
223 PostNL NV 0.07
224 ASR Nederland NV 0.07
225 Generali 0.06
226 ERG SpA 0.06
227 Eurex 2 Year Euro SCHATZ Future 0.01
228 Servicios Financieros Carrefour Establecimiento Financiero de Credito 0.00
229 Manchester Airport Group Funding PLC 0.00
230 Mondi Finance PLC 0.00
231 Eurex 30 Year Euro BUXL Future 0.00
232 Eurex 5 Year Euro BOBL Future -0.01
233 Eurex 10 Year Euro BUND Future -0.10

Fees

Ongoing costs p.a.
0.0259%
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
Switzerland
Registered

Literature

en
de
fr
it
es
Brochures
Document type
Document Language
Fact Sheet
es es
fr fr
it it
de de
en en
Swiss Climate Scores Report
ASIP ESG Report
Fact Sheet - Bond
en en
es es
fr fr
it it
de de
Fact Sheet - Corporates
de de
it it
es es
en en
fr fr
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
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