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Trending ETFs

Name

As of 11/27/2023

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

$11.17

$49.7 M

0.00%

$0.00

1.51%

Vitals

YTD Return

8.1%

1 yr return

6.2%

3 Yr Avg Return

0.7%

5 Yr Avg Return

5.4%

Net Assets

$49.7 M

Holdings in Top 10

38.1%

52 WEEK LOW AND HIGH

$11.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.51%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 78.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 11/27/2023

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

$11.17

$49.7 M

0.00%

$0.00

1.51%

UEIPX - Profile

Distributions

  • YTD Total Return 8.1%
  • 3 Yr Annualized Total Return 0.7%
  • 5 Yr Annualized Total Return 5.4%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.27%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    UBS Engage For Impact Fund
  • Fund Family Name
    UBSASSETMT
  • Inception Date
    Oct 24, 2018
  • Shares Outstanding
    N/A
  • Share Class
    P
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Joseph Elegante

Fund Description

Principal investments

To achieve its investment objective, the Fund invests in or seeks exposure to companies based on various financial factors, material sustainability factors such as environmental, social and governance ("ESG") performance and on the current and potential ability of such companies to have a positive impact on human well-being and environmental quality, therefore promoting the United Nations Sustainable Development Goals (UN SDGs), such as clean water and sanitation, clean energy, treatment of disease, food security and people empowerment.

Under normal circumstances, the Fund invests a substantial portion of its net assets (plus borrowings for investment purposes, if any) in equity securities. Investments in equity securities may include, but are not limited to, dividend-paying securities, common stock and preferred stock of issuers located throughout the world; Global, European and American Depositary Receipts; equity securities of real estate investment trusts ("REITs"); as well as investment companies, including exchange-traded funds ("ETFs"). The Fund may invest in issuers from both developed markets (including the United States) and emerging markets. The Fund's investments may include investments in China A-shares (shares of companies based in mainland China that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange).

The Advisor, on behalf of the Fund, intends to diversify broadly among countries, but reserves the right to invest a substantial portion of the Fund's assets in one or more countries if economic and business conditions warrant such investments. The Fund may invest in stocks of companies of any size.

The Fund may, but is not required to, use exchange traded or over-the-counter ("OTC") derivative instruments for risk management purposes or as part of the Fund's investment strategies. Generally, derivatives are financial contracts whose value depends upon, or is derived from, the value of an underlying asset, reference rate, index or other market factor and may relate to stocks, bonds, interest rates, credit, currencies or currency exchange rates, commodities and related

indexes. The derivatives in which the Fund may invest include futures, forward currency agreements and equity participation notes. All of these derivatives may be used for risk management purposes to manage or adjust the risk profile of the Fund. Futures on currencies and forward currency agreements may also be used to hedge against a specific currency. In addition, all of the derivative instruments listed above may be used for investment (non-hedging) purposes to earn income; to enhance returns; to replace more traditional direct investments (except for forward currency agreements); or to obtain exposure to certain markets (except for forward currency agreements). The Fund also may use futures contracts on equity securities and indices to gain market exposure on its uninvested cash.

Under certain market conditions, the Fund may invest in companies at the time of their initial public offering ("IPO").

Management process

The Advisor seeks to invest in companies that the Advisor believes are attractively valued, that integrate sustainability factors into the business model to build a competitive advantage, whose products and services can create a positive impact on society and the environment (e.g., products and services with a primary or intended focus on consequential impact); and which have a clearly identified potential for additional positive impact that the Advisor intends to drive through engagement with the companies. In selecting individual securities for investment, the Advisor considers, among other factors:

•  Its assessment of fundamental valuation (price/intrinsic value) to seek attractively valued companies with strong financial performance;

•  Quantitative and qualitative ESG factors;

•  Quantitative and qualitative assessment of a company's current and potential impact on society and the environment; and

•  Advisor's ability to drive positive change in a company through engagement.

The Advisor aims to identify the best investment ideas with impact potential across the market capitalization spectrum, sectors and geographies within the eligible investment universe ("the impact universe"). Under normal circumstances, the the Fund invests at least 80% of its net assets in equity investments from this impact universe.

The impact universe is comprised of individual companies that have been identified as having revenue alignment with specific impact categories, such as, but not limited to, climate, health, water, food and empower-

ment that are aligned with the United Nations Sustainable Development Goals (UN SDGs). The Advisor also may include companies whose impact potential, indicated by metrics such as research and development (R&D) spend are aligned with the impact categories described above. The portfolio management team uses quantitative and qualitative factors to identify companies that offer or manufacture products or services that meet the UN SDGs, such as clean water and sanitation products, clean energy, energy saving, treatment of disease, sustainable food system and food security, access to finance or education services.

Within the impact universe, the Advisor will employ a positive screening process to identify for investment securities of companies that provide solutions to significant global challenges through the impact of their products and services, that are attractive based on their fundamental valuation profile in addition to evaluating specific sustainability (ESG) factors as well as the ability of the Advisor to engage with the company's management on impact and ESG-related issues.

Engagement with portfolio companies on ESG and/or impact related topics is a key aspect of the Fund's strategy. Companies have the potential to create additional impact through improving or optimizing the use of their products and services throughout society as well as indirectly through changes to their operations and supply chain. The Advisor's portfolio management team, supported by the Sustainable Investing Research staff, will seek to deliver additional positive impact through engagement with management of companies held in the Fund's portfolio. The Advisor uses the UN SDGs to guide and frame engagement activities with companies held by the Fund. The Advisor will establish specific engagement goals, and measure and evaluate progress regularly in order to assess the impact of its engagement efforts. The purpose of engagement with companies is to:

•  Support the company in improving the management of material ESG risks in its operations and supply chain;

•  Support the company in seizing material ESG opportunities; and

•  Support the company in assessing, measuring, reporting and increasing the positive impact of its products and services.

The Advisor uses a combination of ESG tools to aid stock selection. The Advisor uses an ESG Material Issues Framework to identify 3 to 5 of the most financially relevant factors, per sector, that can impact the investment thesis across different industry sectors. The universe of sustainability issues includes environmental factors such as global greenhouse gas emissions and wastewater

management; social factors such as customer privacy and product safety; and governance factors such as critical and systemic risk management.

The Advisor also uses a proprietary risk tool to combine scores and data points from a number of reputable external research providers together with the UBS internal ESG model to flag companies with elevated sustainability risks. In addition, absolute ESG risks such as poor corporate governance and high ESG controversy levels are included in the Advisor's risk tool. Collectively, these inputs lead to an ESG Risk Signal which flags companies with high ESG risks. Once outliers are identified, the Advisor conducts more in-depth analysis to assess the material impact of the ESG risks.

The Advisor's assessment of the ability of public companies to generate impact is based upon impact measurement methodologies the Advisor has developed in partnership with academics from the fields of earth sciences and public health science to measure changes in human well-being and changes in environmental quality (e.g. reduction in air pollution, hospitalizations and biodiversity loss). The impact of the companies held in the Fund's portfolio is reviewed periodically, but impact measurement methodology may not necessarily cover all holdings in the Fund's portfolio at all times. In addition, the Advisor collects data on product output and outcome publicly reported by the companies themselves.

In addition, the Advisor excludes from the Fund's portfolio companies 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 the Advisor. The Advisor may modify this list of negative screens at any time, without shareholder approval or notice.

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UEIPX - Performance

Return Ranking - Trailing

Period UEIPX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.1% -35.6% 29.2% 50.78%
1 Yr 6.2% 17.3% 252.4% 16.48%
3 Yr 0.7%* -3.5% 34.6% N/A
5 Yr 5.4%* 0.1% 32.7% N/A
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Return Ranking - Calendar

Period UEIPX Return Category Return Low Category Return High Rank in Category (%)
2022 -23.1% -24.3% 957.1% 36.29%
2021 3.2% -38.3% 47.1% 55.75%
2020 16.1% -54.2% 0.6% N/A
2019 20.4% -76.0% 54.1% N/A
2018 N/A -26.1% 47.8% N/A

Total Return Ranking - Trailing

Period UEIPX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.1% -35.6% 29.2% 51.57%
1 Yr 6.2% 11.4% 252.4% 15.45%
3 Yr 0.7%* -3.5% 34.6% N/A
5 Yr 5.4%* 0.1% 32.7% N/A
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Total Return Ranking - Calendar

Period UEIPX Return Category Return Low Category Return High Rank in Category (%)
2022 -22.3% -24.3% 957.1% 36.29%
2021 16.2% -33.1% 47.1% 56.13%
2020 16.9% -44.4% 1.8% N/A
2019 23.6% -6.5% 54.1% N/A
2018 N/A -14.4% 47.8% N/A

NAV & Total Return History


UEIPX - Holdings

Concentration Analysis

UEIPX Category Low Category High UEIPX % Rank
Net Assets 49.7 M 199 K 133 B 81.58%
Number of Holdings 44 1 9075 48.35%
Net Assets in Top 10 19.3 M -18 M 37.6 B 82.93%
Weighting of Top 10 38.12% 9.1% 100.0% 66.13%

Top 10 Holdings

  1. Danone SA 4.51%
  2. Alcon, Inc. 4.35%
  3. Spectris PLC 4.33%
  4. Linde PLC 4.13%
  5. Regal Rexnord Corp. 3.90%
  6. Bank Mandiri Persero Tbk PT 3.80%
  7. Ingersoll Rand, Inc. 3.73%
  8. Autodesk, Inc. 3.26%
  9. Infineon Technologies AG 3.06%
  10. Erste Group Bank AG 3.05%

Asset Allocation

Weighting Return Low Return High UEIPX % Rank
Stocks
98.62% 61.84% 125.47% 71.26%
Cash
2.26% -174.70% 23.12% 22.14%
Preferred Stocks
0.00% -0.01% 5.28% 36.56%
Other
0.00% -13.98% 19.14% 44.93%
Convertible Bonds
0.00% 0.00% 4.46% 28.96%
Bonds
0.00% -1.50% 161.67% 32.49%

Stock Sector Breakdown

Weighting Return Low Return High UEIPX % Rank
Industrials
18.26% 0.00% 44.06% 11.56%
Consumer Defense
16.63% 0.00% 73.28% 16.30%
Technology
15.10% 0.00% 49.87% 34.58%
Financial Services
11.98% 0.00% 38.42% 88.33%
Basic Materials
11.92% 0.00% 38.60% 4.41%
Healthcare
10.61% 0.00% 35.42% 10.24%
Consumer Cyclical
6.65% 0.00% 40.94% 80.62%
Communication Services
2.72% 0.00% 57.66% 98.90%
Energy
2.53% 0.00% 21.15% 31.28%
Utilities
1.83% 0.00% 29.12% 57.93%
Real Estate
1.77% 0.00% 39.48% 44.82%

Stock Geographic Breakdown

Weighting Return Low Return High UEIPX % Rank
US
54.25% 0.13% 103.82% 54.52%
Non US
44.37% 0.58% 99.46% 45.37%

UEIPX - Expenses

Operational Fees

UEIPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.51% 0.01% 44.27% 12.88%
Management Fee 0.75% 0.00% 1.82% 56.35%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.08% 0.01% 0.76% 42.35%

Sales Fees

UEIPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

UEIPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

UEIPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 78.00% 0.00% 395.00% 55.50%

UEIPX - Distributions

Dividend Yield Analysis

UEIPX Category Low Category High UEIPX % Rank
Dividend Yield 0.00% 0.00% 3.26% 28.67%

Dividend Distribution Analysis

UEIPX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annually Annually

Net Income Ratio Analysis

UEIPX Category Low Category High UEIPX % Rank
Net Income Ratio 0.27% -4.27% 12.65% 50.23%

Capital Gain Distribution Analysis

UEIPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

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UEIPX - Fund Manager Analysis

Managers

Joseph Elegante


Start Date

Tenure

Tenure Rank

Aug 15, 2018

3.79

3.8%

Joe is Deputy head of Global and Sustainable Equities and a Senior Portfolio Manager on a range of Global strategies including Sustainable, Impact and Long Term Themes. Joe has over 20 years of portfolio management experience and is based in London. Before joining UBS-AM, Joe worked as a portfolio manager at RMB Capital Management where he managed several equity strategies including a multi-cap core, dividend growth and a small cap-focused special situations strategy for institutional and private clients.  Prior to joining RMB Capital, Joe worked for 12 years as a senior portfolio manager at Alliance Bernstein where he was a member of the Large Cap Growth Team. In this position he managed a $15 billion growth strategy, which included individual institutional accounts, a mutual fund, Luxembourg fund and assets on behalf of the private client division for Sanford Bernstein. His responsibilities included portfolio construction, fund governance, security selection and risk management. Joe is a CFA Charterholder, a member of the CFA Institute and the CFA Society of Chicago.

Adam Jokich


Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

Adam Jokich is a Quantitative Sustainability Analyst on the Global Sustainable Equities team. He leads the team's efforts in developing and enhancing their proprietary ESG Model, and integrating it into the investment process. Adam leverages his quantitative skillset to provide value add in the portfolio construction and risk management process. Prior to joining the Global Sustainable Equities team, Adam worked as a quantitative analyst on the Applied Research Group, in UBS Asset Management. Adam was responsible for providing quantitative research and analysis used in the investment decision making process, and assisting in the infrastructure development of quantitative equity portfolios. He was the deputy portfolio manager on the US and Global Multi-Strategy portfolios, and was responsible for the research and development initiatives of various risk premia capabilities. Adam is a CFA Charterholder, a member of the CFA Institute and the CFA Society of Chicago.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.82 6.24 1.25