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.

Features

Product category
UBS Equity Funds
UBS Opportunity Equity Funds
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 AG, Stockholm
Day of inception
November 15, 1996
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.
2.45% p.a.
Management fee
1.87% p.a.
Total expense ratio (TER)
2.38% p.a.
Swing pricing
yes
Minimum investment
n.a.
Reference Index / Benchmark
MSCI China 10/40 (net div. reinv.)
ISIN
LU0067412154
Bloomberg Ticker
SBCEHKI LX
Telekurs Id
EPHK

Performance and Prices

Percentage growth

as of April 24, 2026
Cumulative
USD(%) EUR(%)
YTD
1M
3M
6M
1Y 13.09 9.87
2Y
3Y 10.90 4.49
5Y -36.17 -34.30
ø p.a.5Y -8.59 -8.06

Current data

Net asset value 24.04.2026 USD 1,352.73
High - last 12 months 09.10.2025 USD 1,493.71
Low - last 12 months 29.04.2025 USD 1,192.60
Assets of the unit class in mn 24.04.2026 USD 1,185.92
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 0.41 -0.46
Risk Free Rate 31.03.2026 4.55% 3.51%

Structures

By the 10 largest equity positions (in %, as of March 31, 2026)

 
 
TENCENT HOLDINGS LTD 9.43
NETEASE INC 8.22
ALIBABA GROUP HOLDING LTD 7.58
KWEICHOW MOUTAI CO LTD-A 7.28
CHINA MERCHANTS BANK-H 4.62
FAR EAST HORIZON LTD 4.41
CONTEMPORARY AMPEREX TECHNOL 4.36
AIA GROUP LTD 4.13
PDD HOLDINGS INC 2.80
MIDEA GROUP CO LTD-A 2.37

Fees

Ongoing costs p.a.
2.45%
Flat fee
2.34%
Management fee p.a.
1.87%
Max. issuing commission
5.00%
Max. redemption commission
0.00%
Distribution fee
(see info)

Distributions

No distributions. Continuous reinvestment of income.

Sales Authorisations

Market
Sales authorisations status
Austria
Registered
Chile
Registered
Costa Rica
Institutional Only*
Cyprus
Registered
Denmark
Registered
Finland
Registered
France
Registered
Germany
Registered
Greece
Registered
Hong Kong
Registered
Iceland
Registered
Italy
Registered
Liechtenstein
Registered
Luxembourg
Registered
Malta
Registered
Netherlands
Registered
Norway
Registered
Peru
Institutional Only*
Portugal
Registered
Republic of Korea
Registered
Singapore
Registered
Spain
Registered
Sweden
Registered
Switzerland
Registered
Taiwan
Registered
United Kingdom
Registered

Literature

Brochures
Document type
Document Language
Fact Sheet
Manager Commentary
Fact Sheet - UBS Equity Funds
Fact Sheet - UBS Opportunity Equity Funds
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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