UBS (Lux) Bond SICAV - Emerging Economies Corporates (USD) I-A1-acc
ISIN LU0948425656 / Valor 21690306
UBS (Lux) Bond SICAV - Emerging Economies Corporates (USD) I-A1-acc
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General Objective
The fund aims to provide investors with exposure to US dollar denominated emerging market corporate bonds through active management, utilizing top-down macro and bottom-up fundamental research to develop investment themes while avoiding concentrated credit positions and limiting exposure to interest rate risks.
Fund Exposure
The fund is broadly diversified across various sectors, with a focus on financials, oil and gas, consumer services, industrials, sovereigns, mining & metal, and telecommunication. It also has market exposure to countries such as Brazil, Chile, China, Mexico, Colombia, Saudi Arabia, Turkey, Macau, Hong Kong, and others.
Risks
Investing in this fund offers higher return potential compared to high-quality fixed income portfolios, but comes with higher risks due to the nature of emerging markets. These risks include price volatility, lower market transparency, regulatory hurdles, corporate governance issues, as well as political and social challenges. Additionally, changes in interest rates and credit spreads can impact the fund's value, and the use of derivatives may introduce additional risks, particularly counterparty risk.
Source
https://www.ubs.com/be/en/assetmanagement/funds/asset-class/lu1240772738-ubs-emerging-economies-corporates-q-acc-pd001.html
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