CS Investment Funds 1 – UBS (Lux) Emerging Market Corporate Investment Grade Bond Fund I-B USD Cap

Objectives and investment policy The Fund invests at least two-thirds of its assets in US Dollar-denominated or US Dollar hedged fixed or variable-interest debt securities and rights which have a minimum credit rating of BBB- (Standard & Poor’s) or Baa3 (Moody’s) that are issued or guaranteed by corporations (including government-owned corporations) which are domiciled in emerging market countries or which conduct the majority of their business activities there. The Fund promotes environmental, social and governance (ESG) characteristics (within the meaning of Article 8 of Regulation (EU) 2019/2088) through a combination of exclusions, ESG integration and active ownership. The most material ESG factors are combined with traditional financial analysis to calculate an ESG integrated credit rating, which serves as the basis for a bottom-up security selection process. This Fund aims to outperform the return of the JP Morgan Corporate Emerging Markets Bond Index Broad Diversified High Grade benchmark. The Fund is actively managed. The benchmark has been selected because it is representative of the investment universe of the Fund and it is therefore an appropriate performance comparator. The majority of the Fund’s exposure to bonds will likely be components of or have weightings derived from the benchmark. The Investment Manager will to a limited extent use its discretion to overweight or underweight certain components of the benchmark and to a lesser extent invest in bonds not included in the benchmark in order to take advantage of specific investment opportunities. It is thus expected that the performance of the Subfund may to a limited extent deviate from the Benchmark. The Fund may use derivatives to achieve the above aims. The investor can buy or sell shares of the Fund on a daily basis, as further defined in the prospectus. This Share Class does not make distributions. The Fund shall bear the costs of standard brokerage and bank charges incurred by the Fund through securities transactions in relation to the portfolio. These charges are not included in the Charges section of this document. These charges are not included in the "Charges" section of this document.