The sub-fund invests worldwide, mainly in floating-rate high-yield corporate bonds and asset-backed securities with low ratings that may be denominated in various currencies. The sub-fund also invests in short-term, high-yield bonds and asset-backed securities. The exposure to floating-rate bonds can be constructed directly or synthetically through various combinations of corporate bonds, government bonds, cash, credit default swaps, interest rate swaps, asset swaps or other credit derivatives.
Emittent
UBS Asset Management Europe SA
Fondsgröße in Mio.
281,905
Gesamtkostenquote (TER)
1,4 %
Tracking Difference
0,7493
Ausschüttung
Thesaurierend