020 7189 9999

Mon to Fri 7.45am - 6.00pm
Sat 9.30am - 1.30pm

Bestinvest
Fund search

UBS ABSOLUTE RETURN BOND A - Fund overview

No Bestinvest rating
Find rated global bonds funds


Overview of UBS ABSOLUTE RETURN BOND A

The objective of the fund is to generate an absolute return of LIBOR +2% pa (gross of fees) regardless of market conditions. The aim is for typical volatility of 3% by investing in a range of global fixed interest, cash and other financial instruments. If successful this would provide an expected return in excess of gilts with lower volatility, driven mainly by asset allocation and security selection. The fund is eligible for ISA & PEP investment.

Standard Initial Charge

1.00% 0.00%

Invest via Bestinvest to save 1.00%
Buy as ISA  |  Buy as Unit Trust

Fund summary

Sector  Global Bonds
Product type  OEIC
Launched  April, 2005
Size  £15m
Yield 2.7%
Charging basis  –
Dividends paid  Acc units only.
Bid price 33.84p

Fund Charges

Standard Initial charge 1.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.00%
Total expense ratio 1.13%
Reduction in yield (10yr) 1.13%

Bestinvest says


No information available.

Portfolio

ubs absolute return bond a asset allocation illustration
Allocation Proportion
Equity 0%
High yield bonds 13%
Quality bonds 87%
Property 0%
Commodities 0%
Hedge 0%
Fund cash 0%
ubs absolute return bond a equity geographic illustration
Allocation Proportion
UK 100%
Europe –
Nth America –
Japan –
Pacific –
Other Equity –
ubs absolute return bond a equity capitalisation illustration
Allocation Proportion
Large Caps –
Mid Caps –
Small Caps 100%

View all performance data for UBS ABSOLUTE RETURN BOND A

Investment process


The objective is to generate an absolute return with targeted volatility regardless of market conditions through a diversified global portfolio of fixed and variable interest rate securities. These may be issued by governments, corporates, supranational or government agencies. The majority of the assets will be invested in investment grade securities but the fund may also invest in high yield and emerging market debt, money market instruments, cash and near cash.
The fund has a duration target of +/- 2 years in order to control interest rate sensitivity and its potential impact on capital values, to achieve this target the fund may invest in derivative instruments. There are no geographical restrictions on the countries of investment although net non-sterling exposure will generally not exceed 10%. The fund is available as accumulation units only with a regular withdrawal facility.

The value of your investments and the income from them can go down as well as up and you can get back less than you originally invested. Any yields quoted cannot be taken as a reliable indicator of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

Version: 4.0.43