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UBAM - EM Responsible Corporate Bond UD USD

Contattateci

Investment strategy

Comunicazione di marketing

Performance

UBAM - EM Responsible Corporate Bond UD USD
VNI - Valore Netto d'Inventario
Data
Fonti des Dati : UBP SA
Storico di performance MTD YTD 1 anno 3 anni 5 anni ITD
Storico di performance 1.38% 1.47% 8.85% -2.79% 0.70% 1.51%
12 messi rolling 05.23 - 05.24        
12 messi rolling 8.85%

Disclaimer
Le performance passate non costituiscono una garanzia di quelle future. I dati di rendimento indicati comprendono i dividendi lordi reinvestiti e le spese correnti, ma non includono le commissioni di sottoscrizione/rimborso e le imposte a carico dell'investitore. Per i clienti privati, non sono indicati i dati sulla performance per i comparti con un record di performance inferiore a 12 mesi. Per i clienti commerciali, la performance inferiore all'anno è cumulata, la performance sopra all'anno è annualizzata. Per i comparti denominati in una valuta diversa da quella del fondo, il rendimento può essere ridotto o aumentato in base alle fluttuazioni dei tassi di cambio. Il valore degli investimenti può aumentare o diminuire e gli investitori potrebbero non recuperare tutto o parte dell'importo investito. Fonti des Dati: UBP SA

Library

LEGAL DOCUMENT
Titolo Aggiornato Inglese Tedesco Francese Italiano
Annual report 31.12.2023 PDF
KID PRIIPS 26.02.2024 PDF
Prospectus 26.02.2024 PDF
Semi-annual report 30.06.2023 PDF
Shareholders letter 26.01.2024 PDF PDF PDF PDF
Statuts – Articles of Association 06.04.2023 PDF
MARKETING DOCUMENTATION
Titolo Aggiornato Inglese Tedesco Francese Italiano
Monthly Report 30.04.2024 PDF
Product card 31.12.2021 PDF PDF PDF PDF
Quarterly comment 31.03.2024 PDF PDF
OTHER
Titolo Aggiornato Inglese Tedesco Francese Italiano
Portfolio 31.12.2023 PDF

Registration

ATAustria
BEBelgio
CHSvizzera
DEGermania
DKDanimarca
ESSpagna
FIFinlandia
FRFrancia
GBRegno Unito
IEIrlanda
ILIsraele
ISIslanda
ITItalia
KRCorea del Sud
LULussemburgo
NLPaesi Bassi
NONorvegia
PTPortogallo
SESvezia
SGSingapore
TWTaiwan
ZASudafrica
ATAustria
BEBelgio
CHSvizzera
DEGermania
DKDanimarca
ESSpagna
FIFinlandia
FRFrancia
GBRegno Unito
IEIrlanda
ILIsraele
ISIslanda
ITItalia
KRCorea del Sud
LULussemburgo
NLPaesi Bassi
NONorvegia
PTPortogallo
SESvezia
SGSingapore
TWTaiwan
ZASudafrica

Italia: le classi I sono notificate soltanto alla CONSOB (autorità per la vigilanza dei mercati finanziari).

Singapore: I comparti registrati presso la MAS (Monetary Authority of Singapore) possono solo essere offerti agli «accredited investors».


Fiscal information

Titre Statut
Fine dell'anno fiscale 31 December
UKRFS Yes Reportable Income
Trasparenza per la Germania Yes Investor Report
Trasparenza per l'Austria No
Reporting per l'Italia Yes
RNI Svizzera Yes

Sustainability-related disclosure

This Sub-Fund invests primarily in corporate bonds, denominated in hard currencies and issued by emerging market corporate issuers with sound ESG practices.

It promotes environmental (E) and social (S) characteristics but does not have as its objective sustainable investment. However, it will have a minimum proportion of 5% of sustainable investments.

These Sustainable Investments contribute to a range of environmental and / or social objectives which may include but are not limited to, alternative and renewable energy, energy efficiency, pollution prevention or mitigation, reuse and recycling, health, nutrition, sanitation and education and the UN Sustainable Development Goals (“Environmental and Social Objectives”).To ensure that these Sustainable Investments that this Sub-Fund intends to make do not cause significant harm, the Investment Manager assesses whether these companies do no harm through an internally designed methodology which covers principal adverse impact, controversies, misalignment with SDGs and ESG/governance quality.

This Sub-Fund aims to have better environmental and social characteristics than the Emerging Market (EM) corporate bond universe, as measured by the JP Morgan Corporate EMBI Broad Diversified index. For that purpose, the Investment Manager uses the JP Morgan JESG scores which assess the ESG quality of each issuer based on a number of E and S quantitative indicators.

The investment strategy relies on credit and macroeconomic assessments, environmental, social and governance (ESG) analysis as well as on relative value.

The investment process includes a first phase of filtering the Emerging Market (EM) corporate bond universe, as measured by the JP Morgan Corporate EMBI Broad Diversified index by excluding the bottom quintile of this universe as set by JP Morgan ESG methodology, and by applying UBP exclusion criteria.

Once the investable universe has been reduced according to the first phase, the second phase consists in integrating ESG consideration into the analysis and portfolio construction.

The assessment of issuers’ governance is essential and is fully integrated in the Investment Manager's ESG and credit analysis, as it can have a significant impact on a company’s ability and willingness to pay back its debt.

The Investment Manager takes into consideration and seeks to minimize the following potential principal adverse impacts of its investments: 1) GHG Intensity of Investee Companies, 2) Violations of UN Global Compact principles and Organisation for Economic Cooperation and Development (OECD) Guidelines for Multinational Enterprises and 3) Exposure to Controversial Weapons.

ESG analysis, combining both internal and external ESG research, covers at least 90% of the Sub-Fund's portfolio.

At least 60% of net assets of this Sub-Fund are aligned with the environmental and social characteristics promoted by the strategy, including at least 5% invested in a mix of environmentally and/or socially sustainable investments, depending on investment opportunities.

The binding criteria used to attain each of the environmental and/or social characteristics promoted by the Sub-Fund are integrated in control systems, to ensure pre- and post trade checks. Compliance is monitored by the Risk department on an ongoing basis.

The Investment Manager may use data reported directly by issuers or sourced from third-party data providers such as JP Morgan, MSCI ESG Research or Sustainalytics. The service and data quality provided by third-party ESG data providers are reviewed regularly.

Depending on the metric considered, some data may be estimated by data providers. Although the Investment Manager applies a thorough selection process of third-party providers, their processes and proprietary ESG methodology may be flawed. As a result, there is a risk of incorrectly assessing an issuer, resulting in an inappropriate capture of ESG risks and potential incorrect inclusion or exclusion in the product. This is expected to have limited impact on the overall environmental and/or social characteristics promoted by the product.

The investment due diligence process ensures that the investment decisions comply with the objectives and the investment strategy of the Sub-Fund. The consideration of sustainability-related risks is integrated into the investment decision-making process to ensure better-informed investment decisions as well as awareness of the risk exposure. The first level of due diligence is conducted by the Investment Manager, while the second level is conducted by the Risk department.

Engagement with investee companies may occur. It can be conducted collaboratively as well as, on an ad-hoc basis, directly by the Investment Manager, as part of its overall ESG assessment.

No reference benchmark has been designated for the purpose of attaining the environmental or social characteristics promoted by this Sub-Fund.

For more information, please see the fund’s Sustainability-related disclosures.

  • Codice ISIN
  • LU1668161067
  • Dati al
  • 17.05.2024
  • Ultimo VNI
  • 88.98 USD
  • Patrimonio del fondo
  • 69.79M USD

Dati del fondo

  • Nome del fondo UBAM
  • Struttura legale SICAV
  • Giurisdizione Luxembourg

Dati del subfondo

  • Valuta di base USD
  • Classe di asset Fixed Income
  • Orientamento geografico Emerging Markets
  • Data di attivazione 28.02.2018
  • Classificazione SFDR 8

Dati della classe di quote

  • Descrizione UD USD
  • Data di attivazione 11.05.2018
  • Tipo di dividendo Distribution (yearly)
  • Partecipazione minima iniziale en Investimento minimo None
  • Sottoscrizione Daily
  • Riscatto Daily
  • Commissione di gestione 0.65%
  • Commissione di performance No
  • Aliquota commissione di performance N/A
  • Ultimo dividendo 4.04 USD 02.05.2024

Identificatori en Riferimenti del fondo

  • Bloomberg UBSHGUD LX
  • Telekurs 37819437
  • Reuters N/A
  • WKN A2P5W2
  • SEDOL N/A
  • Morningstar N/A
  • Financial Express -

Gestiore

    Soledad Acoroni / Jack Deino