UBS (Lux) Bond SICAV - 2024 (USD) K-1-qdist
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General Objective
This actively managed bond fund aims to achieve an attractive yield over the term of the fund, which ends on 15 October 2024. The fund mainly invests in USD-denominated bonds of private, semi-private, and public issuers in emerging markets.
Fund Exposure
The fund invests worldwide, primarily in USD-denominated bonds of private, semi-private, and public issuers in emerging markets, without reference to a benchmark. The portfolio manager gears the investments around the attractiveness of specific bond markets at the time of launch and follows a buy and hold strategy.
Risks
The fund is categorized as having moderate volatility, with a risk category of 4. Risks associated with this fund include credit risk from fixed income securities, potential illiquidity of assets in distressed markets, use of derivatives, and exposure to high credit risk in emerging market bonds. Additionally, changes in interest rates can impact the value of the portfolio.