UBS Tactical Beta Fund - Balanced
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100484-2022-09-27-02:50.pdf |
FUND MANAGER | UBS Asset Management (Australia) |
ASX Code | |
APIR | UBS0041AU |
ASSET CLASS | MULTI-ASSET |
INVESTMENT STYLE | The Fund is a diversified Australian and global portfolio. |
INVESTMENT PROFILE | The Fund aims to outperform (after management costs) the return of its Neutral Allocation over rolling five year periods. |
CURRENCY MANAGEMENT | Hedged |
INCEPTION DATE | 12-10-2012 |
BENCHMARK | Neutral allocation (see Mandate) |
FUND SIZE | Neutral allocation (see Mandate) |
DISTRIBUTION FREQUENCY | Quarterly |
NO. OF HOLDINGS | |
FEES | 0.29% p.a. of the net asset value of the Fund |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the UBS Tactical Beta Fund - BalancedThe significant benefits and features of investing in the Fund are:
Risk levelMedium to High Investor suitabilityThe Fund is best suited to investors who seek to achieve returns from a mix of growth and income assets. |
RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
Title | |
Detail |
Key Features
About the FundThe Fund is a diversified Australian and global portfolio with the long term neutral (or average) exposure to income and growth assets expected to be around 50% and 50% respectively of the total portfolio. Investment strategyOur portfolio management team will build a diversified portfolio of income and growth assets, largely by using exchange traded funds (ETFs), both onshore and offshore, index funds, cash funds and derivatives. They will tactically allocate between asset classes and currencies based on their relative value, whilst managing the overall risk and return of the portfolio. Currency exposure is actively managed through an overlay strategy to take advantage of mis-valuations that arise. Investment objectiveThe Fund aims to outperform (after management costs) the return of its Neutral Allocation over rolling five year periods. The Neutral Allocation is the likely expected long term average exposure of the portfolio to various asset classes. |
Mandate
How we invest your moneyThe Benchmark is based on the return on the following market indices based on the Neutral Allocation of assets. The Neutral Allocation of assets represents the likely expected long term average exposure of the portfolio to various asset classes in order to meet its investment objective over a full investment cycle. At any point in time the actual asset weighting of the portfolio may be set away from the neutral position, although still consistent with the asset allocation range, reflecting the views of the portfolio manager. The asset allocation framework is shown in the table below. (Asset sector: Neutral allocation / Strategy range / Benchmark)
Total income assets: 50% / 25%-75%
Total growth assets: 50% / 25%-75%
Investment universeEligible investment of the Fund comprise (but are not limited to):
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