The objective of the subfund is to participate in the growth potential of the global financial markets on a broadly diversified basis.
UBS (Lux) Institutional Fund – Global Equity (ex US) actively invests mainly in common and preferred stocks including ADR’s, warrants on transferable securities and rights convertible into common stocks of companies with domicile or which are chiefly active in the developed countries included in the MSCI World (ex USA) Index (the “benchmark”). The objective is to achieve an excess performance relative to the benchmark. This may result in investments in smaller and/or unlisted companies in compliance with Article 2 of the Management Regulations.
The markets of smaller and/or unlisted companies are more volatile and the possibility to realise gains, as well as the risk to suffer losses are higher. The subfund may hold short term fixed income transferable securities on an ancillary basis.