Maximum current income consistent with liquidity and the preservation of capital.
|Minimum Initial Investment||$1 million|
|Deadlines2||Investment: 5:00 p.m (ET)
Redemption: 5:00 p.m. (ET)
|Weighted Average Maturity (Days)6|
|Weighted Average Life (Days)6|
|Net Portfolio Assets ($)7|
While seeking to maximize current income, our investment management team emphasizes credit quality, liquidity and appropriate diversification. The Fund is a "feeder fund" that invests in securities through an underlying "master fund." The master fund invests in a diversified portfolio of high-quality, short-term, US dollar-denominated money market instruments of governmental and private issuers. Our credit and portfolio management teams continually monitor individual issuers in an attempt to assure maintenance of credit quality.
|Portfolio Management||Robert Sabatino, Managing Director
David J. Walczak, CFA, FRM, Executive Director
1"Daily liquid assets" is a term defined in US SEC Rule 2a-7 (which governs money market funds) and includes cash, direct obligations of the US government and securities that mature or are subject to a demand feature exercisable and payable within one business day.
2Broker-dealers and other intermediaries through which the fund shares are offered may impose different cut off times/notice requirements than those reflected.
3Unsubsidized yield refers to the yield before waivers/reimbursements.
4Dividend factor represents the daily dividend amount per share. On Fridays and/or before non-business holidays, the dividend factor is increased to reflect the anticipated accrual of dividends on subsequent non-business days of the same month. Shares earn dividends on the day they are purchased but do not earn dividends on the day they are sold.
5Based upon latest strike price.
6Weighted average maturity information pertains to the relevant "master fund," not just the "feeder fund" named.
7Assets are quoted in USD/millions. Net Portfolio Assets represented are for the respective "master fund." The Fund is a "feeder fund" that invests in individual money market securities through a related "master fund." Please see the Fund's prospectus for more information.
UBS Asset Management reserves the right to implement fee waivers/expense reimbursements for the funds listed above. Please refer to a fund's prospectus for further information. You may obtain a prospectus by accessing the "Documents" tab at the top of this webpage or click here.
"Institutional" funds are available to investors (such as corporations, partnerships, endowments, foundations, government entities and individuals) meeting certain criteria as noted in fund offering documents (e.g. minimum initial investment of $99 million for UBS Select Prime Preferred Funds).
Mutual funds are sold by prospectus, which includes more complete information on risks, charges, expenses and other matters of interest. Investors should read the prospectus carefully before investing. You may obtain a prospectus by selecting the "Documents – All Funds" tab on the navigation bar above and clicking the "PDF" link under the column "Prospectus" in the row for that particular fund.
You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The Fund may impose a fee upon sale of your shares or may temporarily suspend your ability to sell shares if the Fund's liquidity falls below required minimums because of market conditions or other factors. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.
UBS Asset Management (US) Inc. is each money market fund's distributor.