UBP Asset Management has launched four of its Luxembourg-registered Sicav sub-funds on the Fidelity FundsNetwork platform.
Those funds are managed by UBP’s Global and Absolute Return Fixed Income team :
- UBAM – Global High Yield Solution
A $4bn fund that employs the unique approach of investing in Credit Default Swap (CDS) indices to provide liquid exposure with low duration to the global high yield market. The institutional share class of the fund is priced at a 25 bps management fee while the retail share class is priced at 40 bps.
- UBAM – Unconstrained Bonds
A cash +2-3% fund that invests in global aggregate fixed income with a low volatility target (less than 2%). Fees range from 25 bps to 50 bps with a performance fee. A non-performance fee share class will be launched in the near future.
- UBAM – Dynamic US Dollar
Investing solely in floating rate notes, the UBAM – Dynamic US Dollar is a cash +1% fund with a typical volatility of 1% that aims to offer an alternative to cash. Management fees range from 15 bps to 30 bps.
- UBAM – Global Credit Opportunities
A cash +4-5% global credit fund that invests in all credit instruments including subordinated debt such as CoCos.
UBP’s UK team manages around CHF1bn (€922m) in assets.