Overview
Actively managed fund with an investment universe of global equities and bonds with flexible weightings.
The bond component may vary between 10 and 100% (long term average 40%) and the equity component between 0 and 90% (long term average 60%).
The fund may also invest to a lesser extent in alternative investments.
Very active fund management
Foreign currencies are actively managed
Owing to the varying mixed asset allocation, this fund could be treated in specific phases as a bond fund for tax purposes in the UK. Investors should therefore contact a tax advisor.
The fund invests without any benchmark restrictions. The performance of the fund is not benchmarked against an index.
Benefits
The weighting of the fund investments can be flexibly adjusted in line with prevailing market expectations.
The broad weighting ranges give the portfolio managers considerable scope to exploit attractive opportunities.
An efficient portfolio with an optimised risk-return profile can be put together thanks to its global diversification and high flexibility.
Risks
Features
| Product category |
UBS Asset Allocation Funds UBS Global Allocation Funds |
| 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 Europe SE, sucursal en España
|
| Regulation |
UCITS
|
| Legal form |
Unlimited
|
| Day of inception |
September 24, 2004
|
| Currency of account |
USD
|
| Close of financial year |
September 30
|
| SFDR Classification |
Art.6
|
| Issue / redemption |
daily
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Ongoing costs p.a. |
2.15% p.a.
|
| Management fee |
1.63% p.a.
|
| Total expense ratio (TER) |
2.25% p.a.
|
| Swing pricing |
yes
|
| Minimum investment |
n.a.
|
| ISIN |
LU0197216392
|
| Bloomberg Ticker |
UBSKGAD LX
|
| Telekurs Id |
KGAUSB
|
Performance and Prices
Percentage growth
as of April 23, 2026| USD(%) | |
| YTD | |
| 1M | |
| 3M | |
| 6M | |
| 1Y | |
| 2Y | 18.58 |
| 3Y | |
| 5Y | 16.54 |
| ø p.a.5Y | 3.11 |
Current data
| Net asset value | 23.04.2026 | USD 22.33 |
| High - last 12 months | 25.02.2026 | USD 22.63 |
| Low - last 12 months | 25.04.2025 | USD 17.93 |
| Assets of the unit class in mn | 23.04.2026 | USD 203.92 |
| Total product assets in mn | 23.04.2026 | USD 463.92 |
| Modified duration | 31.03.2026 | 3.08 |
Structures
By the 10 largest direct equity positions (in %, as of March 31, 2026)
|
|
|
| NVIDIA Corp | 1.84 |
| Apple Inc | 1.36 |
| Alphabet Inc | 1.27 |
| Amazon.com Inc | 1.19 |
| Microsoft Corp | 0.93 |
| Tencent Holdings Ltd | 0.84 |
| Broadcom Inc | 0.56 |
| AstraZeneca PLC | 0.56 |
| Meta Platforms Inc | 0.52 |
| Bristol-Myers Squibb Co | 0.49 |
Fees
Distributions
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 |
|