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UBS Asian High Yield Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is the investment universe of the UBS Asian High Yield?

a)

Local currency issues by Asian High Yield corporates

b)

USD issues by Global High Yield corporates

c)

USD issues by Asian High Yield corporates

d)

Local currency issues by China High Yield corporates

e)

All of the above

2.

What is the reference benchmark index for UBS Asian High Yield?

a)

JP Morgan Emerging Market Bond Index USD

b)

MSCI China 10/40 Index USD

c)

Bloomberg Barclays Global Aggregate Index USD

d)

ICE BofAML Asia Dollar Investment Grade Index USD

e)

JP Morgan Asian Credit Non-Investment Grade Index USD

3.

What is the primary alpha driver for UBS Asian High Yield?

a)

Currency positions

b)

Duration

c)

Credit selection

4.

Which of the following is correct for the USD P-mdist share class as of 31 January 2020?

a)

Annual distribution of 0.50 per unit held, for an annualised yield of 6.3%

b)

Monthly distribution of 0.50 per unit held, for an annualised yield of 6.3%

c)

Annual distribution of 6.00 per unit held, for an annualised yield of 7.0%

d)

Monthly distribution of 0.60 per unit held, for an annualised yield of 7.0%

5.

What is/are the key features selling points of the UBS Asian High Yield Fund?

a)

Top quartile fund with strong performance relative to the benchmark and peers

b)

Dependable income source: over 6% distribution yield

c)

Active and flexible approach to navigating evolving markets

d)

All of the above

e)

None of the above

6.

Which sector has the largest exposure on the benchmark?

a)

Telecom

b)

Financials

c)

Real Estate

d)

Energy

7.

What is the largest market exposure on the index as of end of Dec 2019?

a)

Singapore

b)

Thailand

c)

Indonesia

d)

China

e)

Sri Lanka

8.

What is the average credit rating of the portfolio as of end of Dec 2019?

a)

B-/B3

b)

BBB+/Baa1

c)

BB-/Ba3

d)

B+/Ba

9.

The fund allows the portfolio management team to invest up to ______% of the portfolio in Asian local currencies as an additional return driver?

a)

0%

b)

10%

c)

15%

d)

20%

10.

What is the largest bond holding in the portfolio as of end Dec 2019?

a)

China Evergrande Group 8.25% 23 Mar 2022

b)

Republic Of Sri Lanka 6.20% 11 May 2027

c)

Kaisa Group Holdings Ltd 9.375% 30 Jun 2024

d)

Studio City Finance Ltd 7.25% 11 Feb 2024