UBS (Lux) Bond Fund - Asia Flexible (USD) I-A3-dist
Fund
ISIN LU2478388304 / Valor 11877685
NAV (2025-04-29)
USD 103.59+0.15%
UBS (Lux) Bond Fund - Asia Flexible (USD) I-A3-dist
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General Objective
The fund aims to primarily invest in government and corporate bonds denominated in US dollars or local currencies of borrowers from Asia excluding Japan. The Portfolio Manager has the flexibility to deviate from the benchmark JP Morgan Asia Credit Index (JACI) USD in order to take advantage of investment opportunities.
Fund Exposure
The fund is exposed to government and corporate bonds in Asia excluding Japan, with a focus on the creditworthiness of the issuers and interest income. The Portfolio Manager may invest in bonds not included in the benchmark and structure investments differently from their weighting in the benchmark to optimize returns.
Risks
Investors should be aware that the fund's performance may deviate significantly from the benchmark during times of high market volatility. Additionally, currency fluctuations can impact the fund's return, especially if active or unhedged positions exist. Investors should also consider the credit risk associated with investing in government and corporate bonds.