UBS (Lux) Bond SICAV - Emerging Economies Local Currency Bond (USD) U-X-UKdist-mdist
ISIN LU1957417519 / Valor 46601829
UBS (Lux) Bond SICAV - Emerging Economies Local Currency Bond (USD) U-X-UKdist-mdist
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General Objective
The fund aims to invest mainly in bonds issued by sovereigns of emerging economies and companies registered or active in emerging markets, with a focus on emerging market bonds denominated in local currencies.
Fund Exposure
The fund is exposed to a diverse range of emerging market currencies, with credit quality ranging from AAA to NR. It also has exposure to various emerging market countries, sectors, and maturities, providing investors with diversification across regions and issuers.
Risks
Investing in this fund offers higher return potential but comes with higher risks due to the early stage of development of emerging markets, which can involve price volatility, limited market transparency, regulatory hurdles, and political challenges. Changes in interest rates, credit spreads, and exchange rates can impact the fund's value, and the use of derivatives may introduce additional risks such as counterparty risk. Liquidity in emerging markets may also be limited, and investments in less liquid assets could pose challenges in distressed markets.
Source
https://www.ubs.com/lu/en/assetmanagement/funds/asset-class/lu1881004227-ubs-emerging-economies-local-currency-bond-fund-usd-i-b-acc-pd001.html
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