UBS Nova (Lux) European Senior Loan Fund EB EUR
LU1735553346
UBS Nova (Lux) European Senior Loan Fund EB EUR/ LU1735553346 /
NAV06/11/2024 |
Chg.+0.7400 |
Type of yield |
Investment Focus |
Investment company |
1,303.5300EUR |
+0.06% |
reinvestment |
Bonds
Europe
|
UBS AM S.A. (EU) ▶ |
Investment strategy
This Sub-fund is actively managed aiming to maximize returns ("income"). In order to achieve such aim, the Sub-fund invests its assets primarily (directly and/or indirectly) in floating rate senior loans and other debt instruments or European issuers with no currency, sectorial or credit rating limitations.
Senior loans are debt instruments that provide the lender a senior claim to borrower's assets which take priority over unsecured loans or debt instruments. In addition, the Sub-fund may invest in debt instruments, bonds, notes and similar fixed interest or floating-rate securities of issuers worldwide. The Sub-fund may gain an indirect exposure to floating rate senior loans and other debt instruments by investing in structured products, undertakings for collective investment or derivatives instruments such as futures, options and swaps. The Sub-fund may use derivatives to reduce the impact of changes in the currency exchange rates on investments made in other currencies than the EUR. The return of this Sub-fund depends mainly on the interest and principal reimbursement received on the floating rate senior loans and other debt instruments. The return is also related to the recommended holding period and the risk and reward profile of the Sub-fund.
Investment goal
This Sub-fund is actively managed aiming to maximize returns ("income"). In order to achieve such aim, the Sub-fund invests its assets primarily (directly and/or indirectly) in floating rate senior loans and other debt instruments or European issuers with no currency, sectorial or credit rating limitations.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Region: |
Europe |
Branch: |
Bonds: Mixed |
Benchmark: |
CS West Euro Leveraged Loan Non USD loans (TR) (hedged to EUR) (01/20) |
Business year start: |
01/11 |
Last Distribution: |
- |
Depository bank: |
Credit Suisse (Luxembourg) S.A. |
Fund domicile: |
Luxembourg |
Distribution permission: |
- |
Fund manager: |
UBS Asset Management, Credit Investments Group |
Fund volume: |
198.58 mill.
EUR
|
Launch date: |
24/05/2018 |
Investment focus: |
- |
Conditions
Issue surcharge: |
3.00% |
Max. Administration Fee: |
0.55% |
Minimum investment: |
- EUR |
Deposit fees: |
0.10% |
Redemption charge: |
0.00% |
Key Investor Information: |
- |
Investment company
Funds company: |
UBS AM S.A. (EU) |
Address: |
33A avenue J.F. Kennedy, 1855, Luxembourg |
Country: |
Luxembourg |
Internet: |
www.ubs.com
|
Assets
Bonds |
|
97.35% |
Cash and Other Assets |
|
2.65% |
Countries
United Kingdom |
|
20.63% |
France |
|
19.89% |
Luxembourg |
|
13.17% |
Germany |
|
12.31% |
Netherlands |
|
7.83% |
United States of America |
|
5.17% |
Sweden |
|
4.10% |
Italy |
|
3.64% |
Finland |
|
3.01% |
Others |
|
10.25% |