Home>Products>Funds>UBAM Dynamic US Dollar Bond A>

UBAM Dynamic US Dollar Bond A

Low RiskFixed Income
UBAM Dynamic US Dollar Bond A
Issued by:UBP Asset Management (UBAM)
Unit Price (NAV) : $
Minimum investment: $
UBAM Dynamic US Dollar Bond A

UBAM Dynamic US Dollar Bond A

Fund Strategy

UBAM Dynamic US Dollar Bond invests in high grade investment bonds. It has a diversified portfolio of short duration/ floating rate USD notes issued by corporates. Fund portfolio has an average rating of BBB/A and maximum average maturity duration of 24 months. The fund may invest 10% of net assets in emerging markets and 20% of net assets in High yield Bonds. The fund is actively managed and benchmarked against SOFR Overnight rate. The current portfolio (Jun21) is well-diversified across 130 holdings with an average credit rating of A- and a portfolio yield of 0.4$. The fund invests in developed markets and has near-zero interest-rate risk.

About UBP Asset Management (UBAM)

The parent UBP - Union Bancaire Privée (UBP) was founded in 1969 and is headquartered in Geneva. UBP ranks among the most strongly capitalised banks in Europe with capital ratios well above regulatory requirements (Tier 1 capital ratio of 27.7%). It manages assets of CHF 147.4 billion as at the end of December 2020 and has a professional, global workforce of around 1,812 people. Union Bancaire Privée is a major player in Switzerland’s wealth-management industry. UBAM, the asset management arm of UBP, has a strong ground presence with 17 offices, 200 employees and 97 investment professionals over the world and manages strategies across credit and carry, impact & responsible investing, high alpha, convexity and private markets.

Fact Sheets & Reports

lockFactsheet: Aug 2021lockFactsheet: Jul 2021lockFactsheet: Jun 2021

Other funds from UBP Asset Management (UBAM)

  • UBAM Global Convertible Bond A (USDHDG) ACC

    UBAM Global Convertible Bond is one of the largest funds providing exposure to the Global Convertible Bonds. The dual nature of convertible bonds – a bond instrument with an embedded conversion option – gives it the defensive qualities of fixed income securities with the upside potential of equities. The fund has an average equity sensitivity ranging from 10% to 70%. It incorporates a cautious approach to credit risk for capital preservation and a bias towards companies with superior-growth prospects, exposed to attractive secular trends (in sectors such as IT, healthcare etc.). The fund incorporates Bottom-up portfolio construction. The benchmark used is Refinitiv Global Convertibles Hedged EUR. Current portfolio (Jun21) is well-diversified with 101 holdings. Around 85% of total assets invested in America & EMEA. The average duration of the fund is 3.88 year and its interest rate sensitivity is 1.61. The portfolio is inclined toward communications and technology.

  • UBAM Positive Impact Emerging Equity AC (USD) ACC

    UBAM Positive Impact Emerging Equity Fund is for investors who seek social/environmental impact alongside financial return. The fund invests in emerging market companies focused on solving emerging market problems and uses the UN’s 17 Sustainable Developments Goals (SDGs) as a road map to identify “fixers”. The Fund aims to construct a concentrated portfolio of 35-45 stocks (42 holdings with majority being large cap as on June 21) with low turnover and long term commitment. The fund incorporates a thematic approach along with bottom -up stock picking for portfolio construction. It is benchmarked against MSCI Emerging Markets Net TR USD for measuring performance.

  • UBAM Hybrid Bond A (USD) ACC A

    UBAM Hybrid Bond is an actively managed portfolio investing in subordinated debt issued by financial and non-financial issuers. The key focus is on additional Tier 1 debt (AT1 – “CoCo” bonds) issued by systemic European banks with a Minimum rating of B-. The fund may be 100% allocated to AT1, though current allocation is below 85%. The depth of the investment universe allows for active management of the allocation across regions, sectors, issuers and tranches of the capital structure. The portfolio is well diversified across 118 holdings with an average rating of BB+. The modified duration of the overall portfolio is 2 years and is actively hedged month-on-month, based on the global interest rate outlook. The non-USD currency exposure is fully hedged. The weighted credit spread duration is around 4.3 years and yield to call is 3%. Given the complex nature of hybrid instruments such as AT1/ CoCo instruments the fund is for moderate risk appetite investors with a medium term horizon.

  • UBAM Dynamic US Dollar Bond A