UBS Global High Yield - Managed Fund (Closed)

Fund Objective

This Fund aims to provide a total return (after management costs) in excess of the UBS Bank Bill Index (Benchmark) plus 3% per annum over rolling three year periods.

Fund Strategy

The Fund is an actively managed portfolio of primarily non-investment grade corporate bonds, emerging market and other debt securities, commercial paper and other cash equivalent securities and short term deposits. Investments of the Fund may include structured notes, convertible bonds, warrants and other entitlements acquired as part of an acquisition of debt securities or corporate restructure. Foreign currency exposure will at least be 90% hedged to the $A.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	1.28%	3.33%	9.89%	21.69%	21.39%	-0.17%	0.3%	-%
Growth return	1.28%	3.33%	9.89%	21.69%	21.39%	-0.17%	-2.55%	-%
Income return	0%	0%	0%	0%	0%	0%	2.85%	-%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return	0.3%	0.91%	1.83%	3.89%	4.18%	4.12%	2.77%	2.12%

As at 31 May 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

UBS Global High Yield

Fixed Interest: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Average Allocation of Peers

Fixed Interest: 80.47%

Australian Equities: 0.03%

International Equities: 0%

Cash: 18.62%

Property & Infrastructure: 0.88%

Alternatives: 0%

General Information

Fund Details

Type	Description
Fund Name	UBS Global High Yield
Fund Status	Closed
Responsible Entity	UBS Asset Management (Australia) Ltd
APIR Code	UBS0002AU
Sector/Asset Class	Non Investment Grade Debt
Morningstar Rating	(as at 31 May 2011)
Legal Structure	Investment Fund
Fund Inception	27 Mar 2002
Fund Size	$23.81 million (as at 31 May 2011)
Entry Price	$0.9876 (as at 10 Aug 2011)
Exit Price	$0.9681 (as at 10 Aug 2011)
Fund Status	Finalised

Offer information

Type	Description
Standard entry fee	3.30%
Indirect Cost Ratio (ICR)	0.49% (as at 21 May 2009)
Minimum initial investment	$20,000
Minimum additional investments	$1,000.00
Minimum redemption amount

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FAQs about the UBS Global High Yield

What is the objective of the UBS Global High Yield managed fund?

The objective of the UBS Global High Yield managed fund is This Fund aims to provide a total return (after management costs) in excess of the UBS Bank Bill Index (Benchmark) plus 3% per annum over rolling three year periods.

What is the strategy for the UBS Global High Yield managed fund?

The strategy of the UBS Global High Yield managed fund is The Fund is an actively managed portfolio of primarily non-investment grade corporate bonds, emerging market and other debt securities, commercial paper and other cash equivalent securities and short term deposits. Investments of the Fund may include structured notes, convertible bonds, warrants and other entitlements acquired as part of an acquisition of debt securities or corporate restructure. Foreign currency exposure will at least be 90% hedged to the $A.

What is the APIR code of the UBS Global High Yield managed fund?

The APIR code of the UBS Global High Yield managed fund is UBS0002AU.

What was UBS Global High Yield’s total return last month?

UBS Global High Yield’s total return last month was 1.28%. This was made up of a growth return of 1.28% and an income return of 0%. These returns were calculated as at 31 May 2011.

What was UBS Global High Yield’s total return for the last three months?

UBS Global High Yield’s total return for the last three months was 3.33%. This was made up of a growth return of 3.33% and an income return of 0%%. These returns were calculated as at 31 May 2011.

What is UBS Global High Yield’s one-year total return?

UBS Global High Yield’s one-year total return is 21.69%. This was made up of a growth return of 21.69% and an income return of 0%. These returns were calculated as at 31 May 2011.

What is UBS Global High Yield’s three-year total return?

UBS Global High Yield’s one-year total return is -0.17%. This was made up of a growth return of -0.17% and an income return of 0%. These returns were calculated as at 31 May 2011.

What is the asset allocation of the UBS Global High Yield managed fund?

The asset allocation of the UBS Global High Yield managed fund is :

Fixed Interest: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Who is the responsible Entity of the UBS Global High Yield managed fund?

The Responsible Entity for the UBS Global High Yield managed fund is UBS Asset Management (Australia) Ltd.

What sector/asset class does the UBS Global High Yield managed fund belong to?

The UBS Global High Yield managed fund belongs to the Non Investment Grade Debt sector/asset class.

What is the size of the UBS Global High Yield managed fund?

As at 31 May 2011, the size of the UBS Global High Yield managed fund was $23.81 million.

What is the inception date of the UBS Global High Yield managed fund?

The UBS Global High Yield managed fund has an inception date of 27 Mar 2002.

What is the current entry price of the UBS Global High Yield managed fund?

The current entry price of the UBS Global High Yield managed fund is $0.9876 per unit and the current exit price is $0.9681 per unit (as at 10 Aug 2011).

What is the current exit price of the UBS Global High Yield managed fund?

The current exit price of the UBS Global High Yield managed fund is $0.9681 per unit and the current entry price is $0.9876 per unit (as at 10 Aug 2011).

What is the minimum investment amount for the UBS Global High Yield managed fund?

The minimum initial investment amount for the UBS Global High Yield managed fund is $20,000. Minimum additional investment is $1000.

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.

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