Morningstar Fund Report  | 13/04/2025Print

UBS (Lux) Equity Fund - Small Cap USA (USD) P-acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
UBS (Lux) Equity Fund - Small Cap USA (USD) P-acc
Fund4.9-20.15.914.0-19.0
+/-Cat-14.0-7.3-4.60.3-6.0
+/-B’mrk-12.3-10.6-6.21.2-8.8
 
Category: US Small-Cap Equity
Category Benchmark: Morningstar US Small Extend...
Key Stats
NAV
10/04/2025		 USD 1007.48
Day Change -5.97%
Morningstar Category™ US Small-Cap Equity
ISIN LU0038842364
Fund Size (Mil)
10/04/2025		 USD 55.68
Share Class Size (Mil)
10/04/2025		 USD 44.25
Max Initial Charge 5.00%
Ongoing Charge
19/03/2025		  1.90%
Investment Objective: UBS (Lux) Equity Fund - Small Cap USA (USD) P-acc
The Fund’s investment objective consists in generating strong capital appreciation with a reasonable level of income, while giving due consideration to capital security and the liquidity of the Fund’s assets. This sub-fund promotes environmental and/or social characteristics and is categorised in accordance with Article 8 of Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (“SFDR”). Further information related to environmental and/or social characteristics is available in Annex I to this document (SFDR RTS Art.
Returns
Trailing Returns (GBP)10/04/2025
YTD-26.55
3 Years Annualised-6.81
5 Years Annualised5.27
10 Years Annualised4.68
12 Month Yield 0.00
Management
Manager Name
Start Date
David Wabnik
01/09/2013
Samuel Kim
01/09/2013
Click here to see others
Inception Date
09/09/1992

Category Benchmark
Fund BenchmarkMorningstar Benchmark
Russell 2000 Growth NR USDMorningstar US Small Extended NR USD
Portfolio Profile for  UBS (Lux) Equity Fund - Small Cap USA (USD) P-acc31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock96.720.0096.72
Bond0.000.000.00
Property0.000.000.00
Cash3.500.213.28
Other0.000.000.00
Top 5 Regions%
United States98.92
Asia - Developed1.08
Canada0.00
Latin America0.00
United Kingdom0.00
Top 5 Sectors%
Technology26.21
Healthcare24.27
Industrials18.80
Consumer Cyclical10.86
Financial Services5.50
Top 5 HoldingsSector%
Ryman Hospitality Properties IncReal EstateReal Estate2.47
CyberArk Software LtdTechnologyTechnology2.04
The AZEK Co Inc Class AIndustrialsIndustrials2.00
BellRing Brands Inc Class AConsumer DefensiveConsumer Defensive1.95
Varonis Systems IncTechnologyTechnology1.92
Increase Decrease New since last portfolio
UBS (Lux) Equity Fund - Small Cap USA (USD) P-acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  UBS (Lux) Equity Fund - Small Cap USA (USD) P-acc
Category:  US Small-Cap Equity
Category Index:  Morningstar US Small Extended NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-0.6022.1048.054.85-20.105.9414.03-19.05
+/- Category4.080.8624.53-14.00-7.34-4.560.28-5.99
+/- Category Index----12.32-10.61-6.211.19-8.83
% Rank in Category1941179178873792
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-5.97   -3.99-6.68
1 Week-1.92   -2.31-3.15
1 Month-10.38   -2.29-2.19
3 Months-28.05   -7.53-9.36
6 Months-24.23   -9.65-10.12
YTD-26.55   -7.26-8.63
1 Year-23.14   -10.49-13.26
3 Years Annualised-6.81   -6.12-6.95
5 Years Annualised5.27   -3.91-4.51
10 Years Annualised4.68   -2.81-1.80
 
Category: US Small-Cap Equity
Category Index: Morningstar US Small Extended NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-19.05---
202413.36-5.850.746.06
20230.142.60-4.277.72
2022-7.69-17.567.05-1.91
20214.162.310.77-2.36
2020-18.5739.717.2121.39
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearLowAbove Average1 star
5-YearBelow AverageAbove Average2 star
10-YearLowAbove Average1 star
OverallLowAbove Average1 star
 
Category :  US Small-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev22.66 %
3-Yr Mean Return-3.02 %
 
3-Yr Sharpe Ratio-0.31
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar US Small Extended NR USD  Morningstar US Small Extended NR USD
3-Yr Beta1.041.04
3-Yr Alpha-7.11-7.11
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 5110-
Market Capitalisation% of Equity
Giant0.00
Large0.00
Medium11.58
Small74.15
Micro14.27
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings19.681.13
Price/Book2.591.09
Price/Sales1.881.19
Price/Cash Flow10.420.94
Dividend-Yield Factor0.840.75
 
Long-Term Projected Earnings Growth13.101.35
Historical Earnings Growth13.862.25
Sales Growth7.601.52
Cash-Flow Growth19.333.35
Book-Value Growth12.581.79
 
Category: US Small-Cap Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock96.720.0096.72
Bond0.000.000.00
Property0.000.000.00
Cash3.500.213.28
Other0.000.000.00
World Regions31/03/2025
 % of EquityRelative to Category
United States98.921.03
Canada0.000.00
Latin America0.000.00
United Kingdom0.000.00
Eurozone0.000.00
Europe - ex Euro0.000.00
Europe - Emerging0.00-
Africa0.00-
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed1.0812.74
Asia - Emerging0.000.00
 
Category: US Small-Cap Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials1.250.34
Consumer CyclicalConsumer Cyclical10.860.90
Financial ServicesFinancial Services5.500.35
Real EstateReal Estate2.560.54
Consumer DefensiveConsumer Defensive5.281.38
HealthcareHealthcare24.271.75
Communication ServicesCommunication Services1.300.59
EnergyEnergy3.970.88
IndustrialsIndustrials18.800.86
TechnologyTechnology26.211.67
 
Category: US Small-Cap Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings87
Total Number of Bond Holdings0
Assets in Top 10 Holdings19.54
NameSectorCountry% of Assets
Ryman Hospitality Properties Inc104United States2.47
CyberArk Software Ltd311United States2.04
The AZEK Co Inc Class A310United States2.00
BellRing Brands Inc Class A205United States1.95
Varonis Systems Inc311United States1.92
RadNet Inc206United States1.92
Shift4 Payments Inc Class A311United States1.85
Universal Display Corp311United States1.83
Gulfport Energy Corp Ordinary Shares ... 309United States1.79
Wix.com Ltd311United States1.78
 
Increase Decrease New since last portfolio
Category: US Small-Cap Equity
 
Management
Name of CompanyUBS Asset Management (Europe) S.A.
Phone+352 4 36 16 11
Websitewww.credit-suisse.com
Address5, rue Jean Monnet
 Luxembourg   L-2180
 Luxembourg
DomicileLuxembourg
Legal StructureFCP
UCITSYes
Inception Date09/09/1992
Fund Advisor(s)
UBS Asset Management (Americas) LLC
Fund ManagerDavid Wabnik
Manager Start Date01/09/2013
 
Biography
David Wabnik is responsible for overseeing and managing the US Small Cap Growth Equity portfolios at UBS Asset Management. David has been a portfolio manager with the firm since 1995. He served as a small cap portfolio manager/senior research analyst with Value Line Asset Management for four years prior to joining the firm. He also served as a tax accountant at Morgan Stanley.
Fund ManagerSamuel Kim
Manager Start Date01/09/2013
 
Biography
Samuel Kim is responsible for managing the US Small Cap Growth Equity portfolios while also providing generalist research coverage. Samuel Kim joined the firm in 2003. Prior to joining the firm, he held portfolio management/analyst responsibilities in the small and micro cap arenas with Blackrock Financial Management for five years. Before his work at Blackrock, he served as a small cap growth analyst at Merrill Lynch Asset Management
Fund ManagerKatie Thompson
Manager Start Date30/06/2024
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.44%
Ongoing Charge1.90%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes