UBAM - Global High Yield Solution Extended Duration UHC GBP Accumulated
Fund
ISIN LU2051747702 / Valor null
NAV (2025-01-15)
GBP 108.67+1.09%
UBAM - Global High Yield Solution Extended Duration UHC GBP Accumulated
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General Objective
The Fund aims to grow capital and generate income by investing in high yield markets primarily through the use of CDS (Credit Default Swaps).
Fund Exposure
The Fund is actively managed and well diversified, mainly consisting of CDS for credit exposure and sovereign/quasi-sovereign debt securities denominated in US Dollars for interest rate exposure. It can adjust its high yield exposure and geographical allocation, with a focus on US and European indices, as well as exposure to interest rates by investing in US government bonds of varying maturities.
Risks
The Fund invests in high yield bonds issued by companies sensitive to economic cycles, which offer higher returns but also higher risks compared to traditional bond products. Additionally, the Fund's value is calculated and expressed in US Dollars, with currency risk mainly hedged against the base currency USD.