UBS Diversified Fixed Income Fund
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100150-2024-05-01-02:50.pdf |
FUND MANAGER | UBS Asset Management |
ASX Code | |
APIR | SBC0007AU |
ASSET CLASS | FIXED INTEREST |
INVESTMENT STYLE | The Fund’s investment strategy is to invest in a portfolio of Australian and global fixed income securities. |
INVESTMENT PROFILE | The Fund is actively managed, based on fundamental research that draws upon the investment insights of our fixed income teams. The approach employs both “top-down” research, including analysis of economic factors, market data and macro credit themes and “bottom-up” research in respect of particular securities including analysis of earnings and cash flow stability, balance sheet strength, industry and valuation. |
CURRENCY MANAGEMENT | Hedged |
INCEPTION DATE | 31-01-1997 |
BENCHMARK | 50% Bloomberg AusBond Composite 0+ Yr Index / 50% Bloomberg Barclays Global Aggregate Index (hedged to AUD) over rolling 3 year periods |
FUND SIZE | 50% Bloomberg AusBond Composite 0+ Yr Index / 50% Bloomberg Barclays Global Aggregate Index (hedged to AUD) over rolling 3 year periods |
DISTRIBUTION FREQUENCY | Quarterly |
NO. OF HOLDINGS | |
FEES | 0.55% p.a. of the net asset value of the Fund |
STRUCTURE |
Benefits
Benefits | Benefits of investing in UBS Diversified Fixed Income FundBy investing in the Fund, you gain access to an actively managed, diversified portfolio of fixed income securities designed to be a core part of an investor's portfolio. The significant benefits of investing in the Fund are:
Risk level
of the Fund
|
RISK LEVEL | Medium |
INVESTOR SUITABILITY | The Fund is intended to be suitable for investors with at least a three year investment timeframe and with a medium risk and return profile. More specifically, the Fund is intended to be suitable for investors who are seeking to diversify their fixed income exposure through investment in a mix of Australian and global fixed income assets. |
Risks
Title | |
Detail |
Key Features
A fund designed to deliver consistent income and returns that can act as a defensive anchor against higher volatility asset classes such as equities. The Fund's significant features include:
Why invest in the UBS Diversified Fixed Income Fund?One-stop fixed income solutionAn actively managed, diversified fund that can invest flexibly across the Australian and global fixed income universe. It is designed to be a core part of an investors portfolio. Access global and local investment insightsDrawing on the expertise and insights of our integrated network of over 150 fixed income experts, our Sydney based team tap into the best local and global opportunities. Consistent returnsOur disciplined and methodical investment process has been tested through numerous market cycles and has delivered consistent returns over the long-term. We are an active manager using a fundamental research driven approach. We seek compelling opportunities across the fixed income investment universe with the objective of maximising total returns for investors. The Fund is managed by a Sydney-based team who draw on UBS' powerful macro research capability to make top-down allocation decisions and leverage the insights of on-the-ground regional specialists to provide bottom-up security selection. This combination creates a unique ability to identify specific return opportunities that arise from different fixed income sectors across market conditions. The Fund can invest across the Australian and global fixed income universe. Broad investment parameters provide our team with flexibility to respond to changing markets and invest where they identify the best opportunities to enhance performance and reduce risk. Exposure is gained through a range of regionally managed UBS fixed income funds, as well as through direct access to fixed income markets. Our expertise in fixed incomeWe have been managing fixed income portfolios on behalf of Australian investors for over 30 years. Our truly integrated team of over 150 fixed income professionals are on-the-ground in Sydney, Singapore, Hong Kong, Shanghai, Tokyo, Zurich, London, Chicago and New York. Investment strategyThe strategy is managed employing both top-down macroeconomic research and bottom-up security specific analysis to build a portfolio with the core defensive characteristics of the fixed interest asset class. Whilst the Fund seeks to be fully hedged to Australian dollars, we may invest in strategic foreign currency exposures that will not exceed 10% of the total portfolio. |
Mandate
How we invest your moneyInvestment GuidelinesAsset Class / Strategic allocation (neutral position)*
* Expected exposure may include cash, derivatives, securities or managed funds. Investment UniverseEligible investments of the Fund comprise Australian and international cash and fixed income securities and may gain its asset sector exposure by investing in UBS managed funds or direct securities. The fixed income assets of the Fund are predominantly of investment grade quality and any foreign currency exposure as a result of securities held is generally fully hedged back to Australian dollars. In addition, the Fund may also use foreign currency derivatives to take strategic foreign currency exposures - these will not exceed 10% of its total portfolio. The Fund may also invest in financial derivatives to gain or reduce exposure to relevant markets and to manage investment risk. |