InvestSMART

UBS Enhanced Income Fund - Managed Fund (Closed)

Fund Objective
The Fund aims to provide a total return (after management costs) of 3% pa above the rate of change of the Consumer Price Index (CPI), when measured over rolling three year periods.
Fund Strategy
The Fund gains its asset sector exposure through investment in a combination of other relevant UBS managed funds and by investing directly. Derivatives may be used to gain and hedge exposure to markets and currencies. The long term average exposure to growth and income assets is expected to be 10% and 90% respectively of the total portfolio.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.77% 1.93% 3.94% 3.5% 4.96% 5.36% -% -%
Growth return 0.77% -0.53% 0.31% -2.2% -1.58% -0.78% -% -%
Income return 0% 2.46% 3.63% 5.7% 6.54% 6.14% -% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.29% 0.92% 1.94% 4.19% 4.3% 4.05% 2.53% -%
As at 31 Aug 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

UBS Enhanced Income Fund
Cash
100%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
20.46%
Australian Equities
0.03%
International Equities
0.03%
Fixed Interest
79.45%
Alternatives
0.03%

General Information

Fund Details
Type Description
UBS Enhanced Income Fund
Closed
UBS Asset Management (Australia) Ltd
UBS0006AU
Australian Short Term Fixed Interest
starstarstarstar (as at 31 Aug 2008)
Investment Fund
27 Oct 2004
$3.4 million (as at 31 Aug 2008)
$0.983 (as at 15 Sep 2008)
$0.983 (as at 15 Sep 2008)
Finalised
Offer information
Type Description
MER 0.50% (as at 5 May 2005)
Indirect Cost Ratio (ICR) 0.50% (as at 30 Jun 2008)
Minimum initial investment $20,000

FAQs about the UBS Enhanced Income Fund

The objective of the UBS Enhanced Income Fund managed fund is The Fund aims to provide a total return (after management costs) of 3% pa above the rate of change of the Consumer Price Index (CPI), when measured over rolling three year periods.

The strategy of the UBS Enhanced Income Fund managed fund is The Fund gains its asset sector exposure through investment in a combination of other relevant UBS managed funds and by investing directly. Derivatives may be used to gain and hedge exposure to markets and currencies. The long term average exposure to growth and income assets is expected to be 10% and 90% respectively of the total portfolio.

The APIR code of the UBS Enhanced Income Fund managed fund is UBS0006AU.

UBS Enhanced Income Fund’s total return last month was 0.77%. This was made up of a growth return of 0.77% and an income return of 0%. These returns were calculated as at 31 Aug 2008.

UBS Enhanced Income Fund’s total return for the last three months was 1.93%. This was made up of a growth return of -0.53% and an income return of 2.46%%. These returns were calculated as at 31 Aug 2008.

UBS Enhanced Income Fund’s one-year total return is 3.5%. This was made up of a growth return of -2.2% and an income return of 5.7%. These returns were calculated as at 31 Aug 2008.

UBS Enhanced Income Fund’s one-year total return is 5.36%. This was made up of a growth return of -0.78% and an income return of 6.14%. These returns were calculated as at 31 Aug 2008.

The asset allocation of the UBS Enhanced Income Fund managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the UBS Enhanced Income Fund managed fund is UBS Asset Management (Australia) Ltd.

The UBS Enhanced Income Fund managed fund belongs to the Australian Short Term Fixed Interest sector/asset class.

As at 31 Aug 2008, the size of the UBS Enhanced Income Fund managed fund was $3.4 million.

The UBS Enhanced Income Fund managed fund has an inception date of 27 Oct 2004.

The current entry price of the UBS Enhanced Income Fund managed fund is $0.983 per unit and the current exit price is $0.983 per unit (as at 15 Sep 2008).

The current exit price of the UBS Enhanced Income Fund managed fund is $0.983 per unit and the current entry price is $0.983 per unit (as at 15 Sep 2008).

The minimum initial investment amount for the UBS Enhanced Income Fund managed fund is $20,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.