UBS Launches 130/30 Fund

Aug 24 2007 | 10:10am ET

UBS has launched a new 130/30 fund for retail investors dubbed the UBS (Lux) Key Selection Sicav – US Equities 130/30 B. 

The UBS Key Selection US Equities 130/30 portfolio is broadly diversified in terms of both stocks and sectors and invests in listed U.S. large and mid cap names. Its benchmark is the MSCI USA.

The fund launched on June 27 and currently has $98.3 million under management. It is managed by UBS Global Asset Management (Americas) Inc. in Chicago, and is domiciled in Luxembourg.

 


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