Funds and prices

Overview

This actively managed equity fund invests in selected US companies that are expected to deliver above market average total yields. Total Yield is the sum of yields from dividend distributions and from company profits returned to shareholders via share buybacks.

Focus on quality factors with the aim to exclude low quality stocks.

The portfolio is well diversified with low single stock weights and broad sector allocation.

ÃÛ¶¹ÊÓƵ Total Yield Equity Funds have typical equity risk characteristics. Total yield must not be confused with total return.

ÃÛ¶¹ÊÓƵ Asset Management classifies this fund as a Sustainability Focus Fund, which promotes environmental and social characteristics in accordance with SFDR Article 8. The research and portfolio construction processes incorporate ESG risk integration and screening and comply with ÃÛ¶¹ÊÓƵ Asset Management Sustainability exclusion policy. For more information on Sustainability at ÃÛ¶¹ÊÓƵ, please refer to www.ubs.com/am-si-commitment.

The portfolio manager is not tied to the benchmark in terms of investment selection or weight.

Benefits

Easy access to US stocks that offer high total yields which sums up yields from dividends and share buybacks.

Investors can profit from a portfolio that seeks optimal diversification - low single stock weights and a broad sector allocation.

Experienced investment team with a solid track record in running both US equity and equity yield strategies.

Risks

ÃÛ¶¹ÊÓƵ Country & Regional Funds invest in equities and may therefore be subject to high fluctuations in value. As these ÃÛ¶¹ÊÓƵ funds pursue an active management style, each fund's performance can deviate from that of its reference index. All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. The distributing (-dist) share classes of this fund intend to distribute capital as well as income (e.g. from dividends). Investors in some jurisdictions may incur a higher rate of tax on distributed capital than on any capital gains which are realised on disposal of fund shares. Some investors may therefore choose to invest in the accumulating (-acc) instead of the distributing (-dist) share classes. Investors may be taxed at a later point in time on income and capital arising on accumulating (-acc) share classes compared to distributing (-dist) share classes. Investors should seek their own tax advice. Total yield must not be confused with total return. All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. Please consult your client advisor for more information on the investment risks of this product.

Features

Product category
Equity
USA
Product domicile
Luxembourg
Portfolio management
ÃÛ¶¹ÊÓƵ Asset Management
Fund management
ÃÛ¶¹ÊÓƵ Fund Management (Luxembourg) S.A., Luxembourg
Custodian bank
ÃÛ¶¹ÊÓƵ Europe SE, Luxembourg Branch
Representative for products established under foreign law
ÃÛ¶¹ÊÓƵ Fund Management (Switzerland) AG
Regulation
UCITS
Legal form
Unlimited
Day of inception
October 14, 2015
Currency of account
USD
Close of financial year
May 31
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Flat fee
0.52% p.a.
Management fee
0.42% p.a.
Total expense ratio (TER)
0.54% p.a.
Minimum investment
n.a.
Reference Index / Benchmark
MSCI USA (net div. reinv.)
Cut-Off Time
15:00h (CET)
Securities no.
29702571
ISIN
LU1297653567
Bloomberg Ticker
UBUTIA3 LX

Performance and Prices

Percentage growth

as of April 3, 2024
Cumulative
USD(%) CHF(%) EUR(%)
YTD 7.76 15.98 9.99
1M
3M
6M
1Y
2Y 21.53 10.56 17.42
3Y
5Y 73.93 58.06 80.48
ø p.a.5Y 11.71 9.59 12.53

Current data

Net asset value 03.04.2024 USD 241.23
High - last 12 months 28.03.2024 USD 243.33
Low - last 12 months 04.05.2023 USD 187.32
Assets of the unit class in mn 03.04.2024 USD 23.00
Total product assets in mn 03.04.2024 USD 1,227.39
Indicative current total yield 29.02.2024 5.30%
Statistical data
Date
2 years
5 years
Total risk reference index / benchmark 29.02.2024 19.84% 18.67%
Sharpe Ratio 29.02.2024 0.32 0.49
Risk Free Rate 31.03.2024 4.15% 2.15%

Structures

By the 10 largest positions (in %, as of February 29, 2024)

 
 
Apple Inc 8.08
Home Depot Inc/The 3.02
Visa Inc 2.98
Mastercard Inc 2.80
General Electric Co 2.75
Applied Materials Inc 2.71
Builders FirstSource Inc 2.62
Chevron Corp 2.60
QUALCOMM Inc 2.40
Lowe's Cos Inc 2.38

Fees

Flat fee
0.5200%
Management fee p.a.
0.4200%

Distributions

No distributions. Continuous reinvestment of income.

Authorisations

Country of distribution
Representative / Information
Luxembourg
ÃÛ¶¹ÊÓƵ Fund Services (Luxembourg) S.A.
Republic of Korea
ÃÛ¶¹ÊÓƵ Hana Asset Management Company Ltd.
Singapore
ÃÛ¶¹ÊÓƵ Asset Management (Singapore) Ltd.
Switzerland
ÃÛ¶¹ÊÓƵ Fund Management (Switzerland) AG
Taiwan
ÃÛ¶¹ÊÓƵ Asset Management (Taiwan) Ltd.

Literature

Brochures
Document type
Document Language
Fact Sheet
Fact Sheet - Equity
Fact Sheet - USA
Agreement / Prospectus
Document type
Document Language
Prospectus
Key Information Document
Past performance
Previous performance scenario
Statutes / Management regulations
ESG Disclosure
Swiss Climate Scores Report
ASIP ESG Report
Annual and semi-annual report (accounting on May 31)
Document type
Document Language
Annual report
Semi-annual report