UBS (Lux) Bond Fund - Euro High Yield (EUR) (USD hedged) I-A1-acc
Fund
ISIN LU2704483648 / Valor 12999731
NAV (2025-01-16)
USD 116.43+0.10%
UBS (Lux) Bond Fund - Euro High Yield (EUR) (USD hedged) I-A1-acc
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General Objective
The fund aims to generate high returns by investing primarily in high-yield corporate bonds denominated in EUR or hedged into EUR, selected based on strict criteria and spread across various credit ratings.
Fund Exposure
The fund is exposed to high-yield corporate bonds with credit quality ranging from BB to B, sector breakdown includes industrials, financials, utility, and others, and geographically diversified across various borrowers.
Risks
Investors should be aware of the higher default risk associated with high yield bonds compared to investment grade bonds, the impact of interest rate changes on portfolio value, market fluctuations, and potential risks from derivative usage. Additionally, investors should consider the monthly distribution feature of this fund and its potential tax implications.