UBS (Lux) BS Sht Dura HY $ I-A1 acc
In line with the investment policy presented in the full sales prospectus, the Subfund UBS (Lux) Bond SICAV – Short Duration High Yield invests at least twothirds of its assets in debt securities and claims issued by issuers, whereby it invests at least two-thirds of its assets in bonds with a rating of between BBB+ and CCC (Standard & Poor's), a similar rating from another recognised agency or – insofar as it concerns a new issue that does not yet have an official rating – a comparable internal UBS rating. At least 50% of investments are denominated in USD.
However, the portion of investments in foreign currencies not hedged against the currency of account of the Subfund may not exceed 10% of assets. The average term of the Subfund's net assets shall not exceed three years.