UBS Corporate Bond UK Plus B Gross Acc

IMA Sector:

Strategic Bond

ISIN:

GB0032896242

Fund Type:

OEIC

92.50p
   
  • PEP:
  • ISA:
  • CAT Std:
  • Date: 20-Sep-2019
  • Change: 0.010p
  • Change %: 0.01%
  • Currency: GBP
  • YTD change: 92.50p
  • YTD %: n/a

Fund Objective

The investment objective of the Fund is to seek to generate a return greater than the return provided by UK investment grade corporate bonds derived from investment in UK and global securities.

View on Past Performance

The Fund generated performance of 2.1% in August, outperforming its benchmark by 0.5% in Sterling terms. Overweight exposure to New Zealand and UK rates added value during the month, although we have reduced these overweight positions following a strong rally in rates. We maintained the overweight to financials and the short duration position in forward UK real yields. The Fund's short duration positions in Asia detracted from performance during the month.Short positions in the Euro and US Dollar also detracted, however option positions in the US and the Fund's underweight to Pound Sterling benefited the Fund. Credit markets were broadly stable during August, and as such there were no high level changes in the credit positions of the Fund.

Fund Details

Latest Price 92.50p IMA Sector Strategic Bond
Currency British Pound Launch Date 01/10/2009
Fund Size n/a Fund Manager Simon Foster / Nic Barnes
ISIN GB0032896242 Dividend 0.00p

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Price Info

Date 20-Sep-2019
NAV 92.50p
Currency GBP
Change 0.010p
% 0.01%
YTD change 92.50p
YTD % n/a

Fund Facts

Fund Inception 01/10/2009
Fund Manager Simon Foster / Nic Barnes
TER 0.77 (31-Jan-2014)
Minimum Investment
Initial n/a
Additional n/a
Savings n/a
Charges
Initial n/a
Annual Mang't n/a
Exit n/a

Risks

Name %
No risk data available.

Top of Page