Overview
The investment objective of this Subfund is to achieve a high level of risk-adjusted income in the Reference Currency by investing primarily (directly and/or indirectly through the below mentioned instruments) in higher yielding, floating rate senior loans (“Senior Loans”) and other senior floating rate debt instruments (collectively “Senior Loans” and “Other Debt Instruments”) of issuers worldwide and in any currencies.
The Subfund may invest in addition in other debt instruments.
This sub-fund is actively managed and uses the benchmark (reference index) as a reference for performance comparison and risk management but is not constrained by it.
This share class may make quarterly distributions. There are potential negative tax consequences for investors in some jurisdictions. See risk section below.
Benefits
Provide investors with a steady level of income and return.
Senior loans can provide diversification benefits to broad portfolios due to their low correlation to duration-sensitive assets.
Given their senior and secured nature, senior loans have historically exhibited superior recovery rates in the event of default.
Typically, senior loans earn more yield per unit of risk than most other fixed income asset classes.
Risks
Features
| Product category |
Bond High Yield |
| Product domicile |
Luxembourg
|
| Portfolio management |
UBS SA国际传谋 (Americas) LLC, New York
|
| 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 |
February 5, 2013
|
| Currency of account |
GBP
|
| Close of financial year |
October 31
|
| SFDR Classification |
Art.6
|
| Issue |
daily
|
| Redemption |
twice a month
|
| Maturity |
Open end
|
| Ongoing costs p.a. |
0.78% p.a.
|
| Management fee |
0.65% p.a.
|
| Total expense ratio (TER) |
0.81% p.a.
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark | |
| Cut-Off Time |
15:00h(CET)
|
| ISIN |
LU0635710675
|
| Bloomberg Ticker |
CSNGSMY LX
|
| Reuters Id |
13122132X.CHE
|
Performance and Prices
Percentage growth
as of April 16, 2026| GBP(%) | EUR(%) | |
| YTD | ||
| 1M | ||
| 3M | ||
| 6M | ||
| 1Y | 6.08 | 4.64 |
| 2Y | ||
| 3Y | 23.59 | 25.59 |
| 5Y | 27.41 | 26.88 |
| ø p.a.5Y | 4.96 | 4.88 |
Current data
| Net asset value | 23.04.2026 | GBP 924.06 |
| High - last 12 months | 29.08.2025 | GBP 949.12 |
| Low - last 12 months | 03.03.2026 | GBP 903.25 |
| Last distribution | 05.03.2026 | GBP 13.41 |
| Assets of the unit class in mn | 23.04.2026 | GBP 3.23 |
| Total product assets in mn | 23.04.2026 | GBP 2,496.41 |
| Average remaining maturity | 31.03.2026 | 4.44 years |
Structures
Fees
Distributions
|
Date of distribution
|
Pay date
|
Cps no.
|
Currency
|
Distribution
|
|||||||||||||||||||
| 03.06.2025 | 05.06.2025 | - | GBP | 13.57 | 02.09.2025 | 04.09.2025 | - | GBP | 15.95 | 02.12.2025 | 04.12.2025 | - | GBP | 15.78 | 03.03.2026 | 05.03.2026 | - | GBP | 13.41 |
Sales Authorisations
Literature
|
Document type
|
Document Language
|
| Prospectus |
|
| Key Information Document |
|
| Past performance |
|
| Previous performance scenario |
|
| Statutes / Management regulations |
|
|
Document type
|
Document Language
|
| Annual report |
|
| Semi-annual report |
|