Anlageschwerpunkt UBAM - Money Market USD - AC ACC

The Fund seeks to offer the highest possible value increase linked to short term interest yields in USD by investing in eligible high-quality, short-term money market instruments such as fixed rate certificates of deposit, commercial paper, treasury bills of private and public issuers denominated in USD as well as eligible deposits with credit institution. This will result in high liquidity whilst preserving capital. The Fund is actively managed and qualifies as a 'Money Market Fund' within the meaning of the MMFR and more specifically as a Standard Variable MMF within the meaning of Article 2(15) of the MMFR. The Fund is allowed to invest in money market instruments in other currency than its base currency (USD) provided that the respective currency exposure is in principle fully hedged. The Fund is not managed in reference with a benchmark. The Fund will only invest in instruments eligible under the MMFR : - whose residual maturity does not exceed 2 years provided that the time remaining until the next interest rate reset date is less than or equal to 397 days - which are rated at least 'P-2' by Moody's or equivalent (with the exception of money market instruments of a least investment grade quality issued or guaranteed by a central, regional or local authority or central bank of a Member State, the European Central Bank, the European Union or the European Investment Bank) - which have received a favorable assessment in accordance with the internal credit quality assessment procedure as described in the prospectus If the rating of a security is downgraded below P2, it will be sold within 3 months from the date at which the rating was lowered. The Fund aims to maintain a weighted average maturity of its portfolio of no more than 6 months and a weighted average life of no more than 12 months. The Fund may invest in derivative for hedging purposes. The Fund's base currency is USD.