# Performance (basis CHF, net of fees)1
Rebased to 100 on the basis of month-end data	in %
| convertible bonds issued by companies with registered office in Europe. | 125 120 |  | +25 +20 |
| --- | --- | --- | --- |
| - The fund can also acquire a limited number of
 | 115 |  | +15 |

convertible bonds issued by other European companies.
- Combines the upside potential of equities with the defensive features of bonds.
- The investment objective is to fully exploit the risk-return features of European convertible bond markets.
- The exchange rate risk between EUR and CHF is largely hedged.

110
105
100
95
90
85
10.2016
-09.2017
10.2017
-09.2018
10.2018
-09.2019
10.2019
-09.2020
10.2020
-09.2021
+10
+5
0
-5
-10
-15
Name of fund	UBS (Lux) Bond Fund - Convert
Fund performance net of fees (left-hand scale) 12-month performance in % (right scale)
Europe (EUR)	
Index performance (left-hand scale)
Share class	UBS (Lux) Bond Fund - Convert Europe
(EUR) (CHF hedged) P-acc
ISIN	LU0776290768
WP-NR.	A1JXG4
Currency of fund / share class	EUR/CHF
Launch date21.05.2012
Issue/redemption	daily
12 months' performance incl. max. entry charge in % (right-hand scale)
Fund (CHF)	8.09	-3.83	-0.32	-2.539.22
Ref. Index
2	
n.a.	n.a.	0.43	1.036.24
Swing pricing	yes
Accounting year end	31 March
Fund (CHF) incl. max. entry charge
3
5.59
Benchmark
1	
Refinitiv Eurozone Convertible Bond Index (EUR) (CHF hedged)
Ø equity sensitivity (delta in%)29.32
Ø effective duration1.99
Ø Yield-to-worst
2	
-0.11%
Number of Holdings96
Ø premium to investment value		12.55% Distribution	Reinvestment
Management fee p.a.	1.48%
Ongoing charges p.a.
3	
1.92%
The performance shown does not take account of any commissions, entry or exit charges.
- These figures refer to the past. If the currency of a financial product or financial service is different from your reference currency, the return can increase or decrease as a result of currency fluctuations. Source for all data and charts (if not indicated otherwise): UBS Asset Management.
- Reference Index in currency of share class (without costs)
- Basis for calculation: Unit value (including entry charges in the first year of investment) and distributions reinvested. The BVI method is used for calculation. In this model calculation, performance is based on an investment amount of CHF 1,000 with adjustment for the following cost: Entry charge of 2,50 % (reducing the amount invested by CHF 24,39 on the day the investment is made) in the first year of investment. Custody charges reducing performance may be incurred annually. Past performance is not a reliable indicator of future results.

Translation (ENFR, 2021-09-30):
# Performance (base CHF, commissions déduites)1
Recalculée en base 100 à partir des données de fin de mois	en %
170
160
150
140
130
120
110
100
90
80
+35
+30
+25
+20
+15
+10
+5
0
-5
-10
La performance passée ne saurait préjuger des résultats futurs.
manière optimale le profil risque-rendement des marchés des obligations convertibles d'Europe.
70	2012
2013	2014	2015	2016	2017	2018	2019	2020	2021
-15
- Le risque de change entre EUR et CHF est	
- Performance du fonds après déduction des frais (échelle de gauche)largement couvert.

Nom du fonds	UBS (Lux) Bond Fund - Convert Europe (EUR)
Performance annuelle du fonds en % après déduction des frais(échelle de droite) Performance de l’indice de référence (échelle de gauche)
| Classe de	UBS (Lux) Bond Fund - Convert Europe parts		(EUR) (CHF hedged) P-acc | en % | 1 an | 3 ans | 5 ans | Ø p.a. 3 ans | Ø p.a. 5 ans |
| --- | --- | --- | --- | --- | --- | --- |
| N° ISIN	LU0776290768 | Fonds (CHF) | 9.22 | 6.11 | 10.30 | 2.00 | 1.98 |
| Monnaie du fonds / de la classe de parts	EUR/CHF | Indice de réf. 2 | 6.24 | 7.80 | 12.17 | 2.53 | 2.32 |
| Date de lancement	21.05.2012	 1  Ces chiffres se réfèrent au passé. Si la monnaie d’un instrument ou d’un service financier est différente Achat/vente	quotidiens	 de votre devise de référence, les fluctuations de change peuvent entraîner une baisse ou une hausse du rendement. Source des données et graphiques (sauf indication contraire): UBS Asset Management. Swing pricing	oui	 2  Indice de référence dans la monnaie de la classe d'actions (sans frais) Clôture de l'exercice	31 mars |

| Sensibilité actions de Ø (delta en %) | 29.32 |
| --- | --- |
| Duration effective Ø | 1.99 |
| Yield-to-worst Ø 2 | -0.11% |
| Nombre de positions | 96 |

Indice de référence
1
Refinitiv Eurozone Convertible Bond Index (EUR) (CHF hedged)