Union Bancaire Privée EM Responsible Local Bond is an active bond fund from Union Bancaire Privée, ISIN LU2351011817.
Active
Bond
Global
Fund size (GBP) £134.0M
How the fund has returned, and where it ranks among peers. Returns to Sep 2026 end, GBP net total return.
+5.5%Q2
1 year return
–
3 year return
–
5 year return
Chart type
Compare with
Show
Daily NAV, percent change from the start of the range. Source: FE fundinfo.
1 month−0.5%
3 months−1.7%
Volatility, 1 year5.8%
Ongoing charge (OCF)
Fund size (GBP)£134.0M
What the fund holds
Where the money is: sectors, countries and largest holdings. As supplied by FE fundinfo, last updated 8 Oct 2026. Swipe or use the arrows for more panels.
By sector
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 8 Oct 2026.
Government Bonds80.2%
Money Market12.0%
Fixed Interest6.2%
See all sectorsA free account shows the full list.
By country
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 8 Oct 2026.
South Africa10.8%
Malaysia8.5%
Mexico8.1%
See all countriesA free account shows the full list.
By asset class
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 8 Oct 2026.
South African Fixed Interest10.8%
Malaysian Fixed Interest8.5%
Mexican Fixed Interest8.1%
See all asset classesA free account shows the full list.
Largest holdings
The biggest positions, and how concentrated the fund is. As supplied by FE fundinfo, last updated 8 Oct 2026.
1. HUNGARY GOVERNMENT BOND3.3%
2. SOUTH AFRICA(REPUBLIC OF) 8.875% NTS 28/02/35 ZAR12.9%
3. SOUTH AFRICA(REPUBLIC OF) 8% MUN BD 31/01/30 ZAR1 12.8%
4. UNITED MEXICA MBONO 8.5% 28Feb302.8%
5. HUNGARY 4.5% BDS 27/05/32 HUF100002.4%
See all holdingsA free account shows the full list.
Macro events and this fund
Recent events linked to this fund by its country and sector exposure, and how it moved after. A measured move, not a cause.
Performance, risk and facts
Judge return, risk and cost before a client conversation. Relative return uses the chart's time range. Facts as reported by the manager.
Against its benchmark
How the fund compares with its benchmark over the same period.
Risk
How bumpy the ride has been, plus the regulatory risk rating.
Volatility, 1 year5.8%
Scale 0 to 40%
Sharpe ratio, 1 year (FE)1.43
Scale −1 to 3
Largest fall from a peak (maximum drawdown), 1 year
−5.6%
Volatility and maximum drawdown: calculated by Funds Benchmark, as at 30 Sep 2026.
Sharpe, alpha, beta: FE fundinfo, as at 7 Jul 2026.
Fund facts
Legal and cost facts for a client note. As reported by the manager.
ISIN
LU2351011817
Fund manager
Bougueroua, Marechal, Boskovic, Pirmatov
Management company
UBP Asset Management (Europe) S.A.
Depositary
CACEIS Bank, Luxembourg Branch
Benchmark
J.P. Morgan ESG GBI-EM Global Diversified
Ongoing charge
Share class launch date
19 Jan 2026
Domicile
LU
Fund type
open-ended fund
What a sum would have become
What an amount would have grown to over the period.
n/a
Past performance is not a reliable guide to future returns. Capital is at risk. Source: FE fundinfo. Returns are GBP net total return to month end unless stated. Headline returns to Sep 2026. Fund size is shown in GBP.
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