UBS creates Structured Products fund

The fund offers returns in sideways markets with an annual coupon that is reset each year: investors know in advance what coupon they will receive. Additionally, the new fund incorporates conditional downside protection and diversification and is aimed at investors with a moderate-to-high equity-like risk tolerance level.

The fund exposes investors to a minimum of 25 structured products based on underlying selected by UBS, reducing the risk of a single structured product. The coupons are

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