UBS (Lux) Bond Fund - AUD P-dist
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General Objective
The fund aims to achieve the most attractive return possible based on the performance of the AUD bond market, investing in AUD denominated bonds predominantly from the investment-grade segment issued by prime borrowers.
Fund Exposure
The fund is exposed to a broadly diversified portfolio of AUD bonds, with a focus on credit quality and sector exposure. The top sectors include public, non-profit institutions, financial & investment companies, and banks & credit institutions.
Risks
Investors should be aware that changes in interest rates can affect the value of the portfolio, and long-term investments may experience greater fluctuations in value. Additionally, the fund may use derivatives, which could introduce additional risks such as counterparty risk. It is important to note that all investments are subject to market fluctuations, and specific risks associated with the fund may increase under unusual market conditions.