ubs income solution fund€¦ · our expertise in cash and fixed income ... investing in securities...
TRANSCRIPT
1%
2%
3%
4%
5%
6%
7%
Mar-14 Sep-14 Mar-15 Sep-15 Mar-16 Sep-16 Mar-17 Sep-17 Mar-18
Fund distribution Term deposit rate RBA Official Cash Rate
UBS Income Solution FundUBS Asset Management
A solution for investors looking for a regular and reliable income streamThe UBS Income Solution Fund is a smart option for investors seeking a consistent distribution that is higher than the income typically provided by a term deposit or bank account.
How does the Fund generate income?
Given the low interest rate environment, term deposits and cash management accounts typically do not offer the highest level of income. The UBS Income Solution Fund is an actively managed fund that has the potential to generate additional returns by investing in a broader range of interest-bearing investments and securities.
The Fund invests in a portfolio of corporate bond securities. A bond is effectively a loan to a company to finance its business activities such as an infrastructure company building a toll road.
Our expertise in cash and fixed income
We have been managing cash and fixed income portfolios on behalf of Australian investors for over 30 years.
The Fund is managed by a Sydney-based team who draw on the expertise and insight of our globally integrated network of over 150 fixed income and money market experts.
Why invest in the UBS Income Solution Fund?
Make your savings work harder The Fund aims to deliver a higher rate of return than a bank account or term deposit.
Regular, reliable monthly income We provide an estimate of future monthly income so that investors can forecast their income with a reasonable degree of certainty. Our current estimate is 3.30% p.a. for the financial year 2017/2018 paid monthly.1
Easy access to your moneyNo withdrawal fees. Daily applications and redemptions.
Long-term capital preservationThe Fund seeks to protect capital by predominantly investing in securities of high quality companies.
Access UBS‘ experience and expertise Our highly experienced team can identify and access investment opportunities that are not directly available to individual investors.
Investment performanceAs at 31 March 2018
Fund 1 month %
3 months%
1 year%
3 years % pa
5 years% pa
Since inception* % pa
Total return 0.02 0.36 4.14 3.79 4.11 5.24
– Distribution - 0.78 5.86 4.78 4.76 -
– Growth - (0.42) (1.72) (0.99) (0.64) -
Benchmark** 0.12 0.37 1.49 1.87 2.22 4.31
Added value (0.10) (0.01) 2.65 1.92 1.89 0.93
*Inception date: 17 April 2002. **Bloomberg AusBond Bank Bill Index until 31 January 2017, as of 1 February 2017 benchmark is RBA Official Cash Rate. Performance figures are net of ongoing fees and expenses. Performance has been prepared in accordance with 2016 GIPS standards. Performance can be volatile and future returns can vary from past returns. The performance figures quoted are historical, calculated using end of month redemption prices, and do not allow for the effects of income tax or inflation. Total returns assume the reinvestment of all distributions. Growth returns are the returns due to change in initial capital value. Distribution returns are the returns due to the distributions paid.1The distribution estimate will be available on the monthly fund fact sheet and on our website. 2Average 6 month rate on $10 000 term deposits across all terms at the five largest banks, including their advertised ‘specials’ and regular rates. Source: RBA, 2018.
Income history
2
Anne Anderson Head of Fixed Income, Australia
Years at UBS Asset Management: 24
Years of investment industry experience: 35
Education: Macquarie University (Australia), BEc, MAppFin
Tim van Klaveren Senior Portfolio Manager
Years at UBS Asset Management: 23
Years of investment industry experience: 28
Education: University of Technology (Australia), BBus (Hons); CPA; CFA
Jeff Grow Senior Portfolio Manager
Years at UBS Asset Management: 6
Years of investment industry experience: 23
Education: Monash University (Australia), BBus (Hons)
Fund facts
Inception date 17 April 2002
Objective The Fund aims to outperform (after management costs) the Benchmark over rolling three year periods.
Management fee 0.60% p.a.
Minimum initial investmentDirect mFund
$20,000 $5,000
Distribution Monthly
Benchmark RBA Official Cash Rate
mFund code UAM05
Find out more
Visit our website www.ubs.com/am-australia or contact us to discuss how the UBS Income Solution Fund can work for your clients.
Phone: 1800 572 018 Email: [email protected]
Investors should consider the PDS and seek professional financial and taxation advice before deciding whether the product is appropriate for them and whether to acquire, or to continue to hold the investment. Your investment in the Fund does not represent deposits or other liabilities of UBS or any member company of the UBS Group including UBS Asset Management (Australia) Ltd (ABN 31 003 146 290) (AFS Licence No. 222605), the issuer of the Fund. Your investment is subject to investment risk, including possible delays in repayment and loss of income and capital invested. The repayment of capital or income is not guaranteed by any company in the UBS Group. Offers of interests in the Fund are contained in the Product Disclosure Statement dated 20 November 2017. The PDS is available from our website www.ubs.com/au-am-pds or by calling Client Services on freecall 1800 572 018.
© U
BS G
roup
AG
201
8. T
he
key
sym
bo
l and
UBS
are
am
ong
the
reg
iste
red
and
unre
gist
ered
tra
dem
arks
of
UBS
. All
righ
ts r
eser
ved.
Availability The Funds are available by direct investment, mFund or the following investment platforms:
• Asgard
• AMP Personalised Portfolio
• ANZ Grow Wrap
• BT Panorama
• BT Wrap
• CFS FirstWrap
• Hillross
• Hub24
• IOOF
• Macquarie Wrap
• MLC Navigator
• Netwealth
• North
Managed for Australian investors by the Australian Strategy Team