UBS (Lux) SXS Balanced (USD) is an actively managed global fund that diversifies its investments across high-quality bonds and equities, maintaining an approximate even split between these fixed-income and stock holdings. Additionally, the fund includes alternative investments such as hedge funds to enhance its portfolio. By balancing these different asset classes, UBS (Lux) SXS Balanced (USD) aims to provide a stable and diversified investment approach for its investors.