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Trending ETFs

Name

As of 02/23/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$1.00

$133 M

5.49%

$0.05

0.18%

Vitals

YTD Return

0.9%

1 yr return

4.8%

3 Yr Avg Return

2.2%

5 Yr Avg Return

N/A

Net Assets

$133 M

Holdings in Top 10

100.0%

52 WEEK LOW AND HIGH

$1.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.18%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Money Market Fund


Name

As of 02/23/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$1.00

$133 M

5.49%

$0.05

0.18%

SGIXX - Profile

Distributions

  • YTD Total Return 0.9%
  • 3 Yr Annualized Total Return 2.2%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.10%
DIVIDENDS
  • Dividend Yield 5.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    UBS Select ESG Prime Institutional Fund
  • Fund Family Name
    UBSASSETMT
  • Inception Date
    Jan 15, 2020
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Management Team

Fund Description

The fund is a money market fund that calculates its net asset value (“NAV”) to four decimals (e.g., $1.0000) using market-based pricing. As a result, its share price will fluctuate. The fund seeks to achieve its objective by investing in a diversified portfolio of high quality money market instruments of governmental and private issuers while incorporating fundamental sustainability factors, such as ESG performance of such issuers, into the investment process. Money market instruments may include:
short-term obligations of the US government and its agencies and instrumentalities;
repurchase agreements;
obligations of issuers in the financial services group of industries;
commercial paper, other corporate obligations and asset-backed securities; and
municipal money market instruments.
Money market instruments generally are short-term debt obligations and similar securities. They also may include longer-term bonds that have variable interest rates or other special features that give them the financial characteristics of short-term debt. The fund invests in foreign money market instruments only if they are denominated in US dollars. The fund will, under normal circumstances, invest more than 25% of its total assets in the financial services group of industries.
In addition, under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes), determined at the time of purchase, in securities that meet UBS AM’s sustainability criteria. In developing its sustainability criteria, UBS AM draws upon firm-wide resources of the UBS Asset Management Division of UBS Group AG, of which UBS AM is a member.
UBS AM conducts its own credit analyses of potential investments and portfolio holdings, and relies substantially on a dedicated proprietary credit research team. The ESG aspect of UBS AM’s credit analyses and credit research process is applied to all portfolio investments and portfolio holdings. Embedded in the credit research process is the integration of issuer-level sustainability investing analysis as guided by the UBS Asset Management Division’s approach to sustainability and/or ESG research and evaluation methodology. The
sustainability investing analysis provides a more comprehensive approach to security selection than credit analysis alone as internal and external ESG ratings are applied to evaluate the quality of sustainability practices employed by issuers. Analysts rate and maintain internal fundamental credit and ESG ratings, which are a component of the portfolio construction/optimization approach and focus on issuers that contribute to the fund’s ESG profile. In determining an issuer’s ESG ratings, analysts will evaluate whether, at the time of the fund’s investment, such issuers have better than average performance in ESG practices and managing sustainability and/or ESG risks by reviewing, among other factors, such considerations as the issuer’s environmental responsibility, human rights and labor standards, diversity and inclusion in employment and corporate governance based on proprietary and third-party data. UBS AM also will employ a negative screening process with regard to security selection, which will exclude from the fund’s portfolio securities or sectors that manufacture products or engage in business activities viewed as having a negative social or environmental impact. Such products or business activities include certain controversial weapons, natural resource extraction activities, thermal coal power generation, and certain controversial behavior and business activities as well as the failure of a portfolio company to meet certain engagement objectives identified by UBS AM. UBS AM’s portfolio construction process aims to align investments in money market instruments with the concept of sustainability (i.e., the potential for long-term maintenance of environmental, economic and social well-being).
The fund invests in securities through an underlying master fund. The fund and its corresponding master fund have the same objective. Unless otherwise indicated, references to the fund include the master fund.
Prior to October 2, 2023, the fund may be subject to the possible imposition of a liquidity fee and/or temporary redemption gate should certain triggering events occur. Effective October 2, 2023, the fund may no longer impose a redemption gate (except under extraordinary circumstances as part of a liquidation), and the fund may be subject to a liquidity fee if the fund’s board believes such fee is in the best interests of the fund.
Management process
UBS Asset Management (Americas) Inc. (“UBS AM”) acts as the investment advisor. As investment advisor, UBS AM makes the fund’s investment decisions. UBS AM selects money market instruments for the fund based on its assessment of relative values and changes in market and economic conditions.
UBS AM considers safety of principal and liquidity in selecting securities for the fund and thus may not buy securities that pay the highest yield.
UBS AM is part of the UBS Asset Management Division of UBS Group AG. The UBS Asset Management Division, at the global level, seeks to be a leader in incorporating sustainability into its management process and honors various commitments in the sustainability investing industry. Active commitments include:
Participant in the UN Global Compact since its inception in 2000
Independent assurance of the GRI (Global Reporting Initiative) based sustainability disclosure
UBS Asset Management signatory to Principles for Responsible Investment (PRI)
Global Initiative for Sustainability Ratings steering committee
Sustainability Accounting Standards BoardTM
The Forum for Sustainable and Responsible Investing
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SGIXX - Performance

Return Ranking - Trailing

Period SGIXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.9% 0.0% 1.4% 2.00%
1 Yr 4.8% 0.0% 1432.4% 65.54%
3 Yr 2.2%* 0.0% 2.5% 57.35%
5 Yr N/A* 0.0% 121.3% N/A
10 Yr N/A* 0.0% 1.6% N/A

* Annualized

Return Ranking - Calendar

Period SGIXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% 0.0% 0.1% 51.37%
2022 0.0% 0.0% 0.0% 26.97%
2021 0.0% 0.0% 0.0% 28.87%
2020 N/A 0.0% 0.0% N/A
2019 N/A 0.0% 0.0% N/A

Total Return Ranking - Trailing

Period SGIXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.9% 0.0% 1.4% 2.00%
1 Yr 4.8% 0.0% 1432.4% 65.54%
3 Yr 2.2%* 0.0% 2.5% 57.35%
5 Yr N/A* 0.0% 121.3% N/A
10 Yr N/A* 0.0% 1.6% N/A

* Annualized

Total Return Ranking - Calendar

Period SGIXX Return Category Return Low Category Return High Rank in Category (%)
2023 5.1% 0.0% 5.8% 52.74%
2022 1.5% 0.0% 1.8% 35.53%
2021 0.0% 0.0% 0.1% 15.49%
2020 N/A 0.0% 0.8% N/A
2019 N/A 0.0% 4868.4% N/A

NAV & Total Return History


SGIXX - Holdings

Concentration Analysis

SGIXX Category Low Category High SGIXX % Rank
Net Assets 133 M 16.1 M 86.2 B 72.61%
Number of Holdings 1 1 345 96.18%
Net Assets in Top 10 20 M 5 M 21.7 B 99.36%
Weighting of Top 10 100.00% 14.2% 100.0% 1.27%

Top 10 Holdings

  1. Deposit 100.00%
  2. Deposit 100.00%
  3. Deposit 100.00%
  4. Deposit 100.00%
  5. Deposit 100.00%
  6. Deposit 100.00%
  7. Deposit 100.00%
  8. Deposit 100.00%
  9. Deposit 100.00%
  10. Deposit 100.00%

Asset Allocation

Weighting Return Low Return High SGIXX % Rank
Cash
100.00% 35.74% 100.00% 4.46%
Stocks
0.00% 0.00% 1.03% 28.03%
Preferred Stocks
0.00% 0.00% 1.01% 35.03%
Other
0.00% 0.00% 0.04% 28.03%
Convertible Bonds
0.00% 0.00% 13.25% 40.76%
Bonds
0.00% 0.00% 64.26% 88.54%

SGIXX - Expenses

Operational Fees

SGIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.18% 0.11% 20.36% 92.21%
Management Fee 0.18% 0.00% 0.57% 65.61%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.08% 0.03% 0.55% 33.68%

Sales Fees

SGIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SGIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SGIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 212.00% N/A

SGIXX - Distributions

Dividend Yield Analysis

SGIXX Category Low Category High SGIXX % Rank
Dividend Yield 5.49% 0.00% 0.00% 27.39%

Dividend Distribution Analysis

SGIXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

SGIXX Category Low Category High SGIXX % Rank
Net Income Ratio 0.10% -1.14% 1.97% 6.08%

Capital Gain Distribution Analysis

SGIXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

SGIXX - Fund Manager Analysis

Managers

Management Team


Start Date

Tenure

Tenure Rank

Jan 15, 2020

2.38

2.4%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 41.58 16.34 18.34