Change of name of UBS (Lux) Money Market Sustainable Fund
UBS Fund Management (Luxembourg) (the "Company") has notified us that it will be changing the name of its UBS (Lux) Money Market Sustainable Fund (the “Fund”). This will take effect 15 December 2023 (the “Effective Date”).
AVAILABLE IN OUR DEFINED FUND RANGE PRODUCTS
The Fund can be found in various currencies in our defined fund range products Oracle, Paragon, Quantum (including Malaysia variants), Regular Savings Plan (including Malaysia variants), Protected Lifestyle, LifePlan and Kudos.
SUMMARY OF CHANGES
The Company has notified us it will be removing “Sustainable” from the Fund name as well as making a slight amendment to the investment policy.
| ISIN | Current Fund name Including Share Class | Fund name After the Effective Date |
|---|---|---|
| LU0066649970 | UBS (Lux) Money Market AUD Sustainable P Acc | UBS (Lux) Money Market Fund - AUD P Acc |
| LU0033502740 | UBS (Lux) Money Market CHF Sustainable P Acc | UBS (Lux) Money Market Fund - CHF P Acc |
| LU0006344922 | UBS (Lux) Money Market EUR Sustainable P Acc | UBS (Lux) Money Market Fund - EUR P Acc |
| LU0006277635 | UBS (Lux) Money Market GBP Sustainable P Acc | UBS (Lux) Money Market Fund - GBP P Acc |
| LU0006277684 | UBS (Lux) Money Market USD Sustainable P Acc | UBS (Lux) Money Market Fund - USD P Acc |
The Fund will continue to comply with Article 8 of the regulation on sustainability related disclosures in the financial services sector ("SFDR") however the Company will not categorise the Fund as a Sustainability Focus Fund and the commitment to have a 10% minimum proportion of sustainable investments has been removed.
Furthermore the environmental and/or social characteristics section of the Fund's SFDR annex has been slightly amended. Please read the USB (Lux) notification opposite for further information of the changes.
These amendments have no no impact on the current composition of the Fund's portfolio.
For more information regarding UBS Fund Management (Luxembourg) visit: www.ubs.com