UBS Ultra Short Income Fund Class A (USIAX)

Overview

This fund is primarily invested in fixed income securities and money market instruments, targeting the financial services sector. It aims to maintain high liquidity by investing more than 25% of its assets in the financial sector, allowing for flexibility and stability in its investment approach. The fund focuses on short-term securities, generally limiting its weighted average portfolio duration to one year or less, appealing to investors seeking lower risk and shorter investment horizons.

Products and Services

• Fixed Income Securities:

  Investments are made in a range of debt securities aiming to provide stable and predictable returns. These can include government bonds, corporate bonds, and other debt instruments that provide regular interest income. The fund's strategy focuses on minimizing risk while seeking to ensure liquidity and income generation.

• Money Market Instruments:

  The use of money market instruments, which are short-term debt securities, helps in managing the fund's liquidity needs. These instruments include treasury bills, commercial paper, and certificates of deposit, offering safety and the benefit of earning interest with a very short time until maturity.

• Investments in Financial Services:

  By allocating more than 25% of its total assets in the financial services group of industries, the fund demonstrates a focused investment approach. This sector includes investments in banks, insurance companies, and other financial institutions, believed to offer favorable returns in the fund's strategic assessment.

• Money Market Funds:

  The fund may allocate part of its portfolio to money market funds for increased diversification and liquidity. This allows the fund to benefit from the expertise of specialized money market fund managers, potentially enhancing yield while maintaining a strong position in terms of security and short-term access to funds.