Details
Fees
Investment objectives
Global Flexible Bond Fund aims to achieve capital appreciation while maintaining an appropriate level of diversification across bond segments for each interest rate level. The fund has global exposure and can invest in almost any bond sub-asset class (Govies, Corporate IG, HY, Sub Debt, Convertible and Futures). Currencies are usually hedged or actively managed. The prospectus allows flexibility in management, as the fund has no benchmark, but with certain constraints: maximum 20% High Yield and unrated issuers, maximum 15% CoCo Bond or Convertible (contributes to HY limit), maximum 10% in UCITS or UCI funds, also with ABS or MBS exposure, 0% in defaulted or distressed securities.
Morningstar Sustainability Rating
The Morningstar Sustainability Rating is an indicator produced by Morningstar that measures a fund portfolio’s exposure to environmental, social and governance risks. It is based on the Sustainalytics ESG risk ratings of the individual companies held, weighted by the size of each position, and is expressed on a scale of one to five globes. The rating assigned to this Sub-Fund is shown in the monthly factsheet.
The assessment is relative rather than absolute: the Sub-Fund is compared with the other funds in the same Morningstar Global Category, and five globes indicate low ESG risk relative to those funds. The indicator is calculated and assigned solely by Morningstar on the basis of the most recently reported portfolio holdings: it therefore reflects a historical position and may change over time. It is not an assessment of the quality of the Sub-Fund’s management, it does not measure the environmental or social impact of the investments and it is not an indicator of future results. The full methodology is defined and published by Morningstar on its website: morningstar.com. Morningstar® is a trademark of Morningstar, Inc.
Risk and return profile
Important information
The summary risk indicator, from 1 (lower risk) to 7 (higher risk), is taken from the Key Information Document (PRIIPs KID) for this share class and follows its methodology.
Principal risks of the Sub-Fund. In addition to the risks common to all sub-funds — issuer-specific risk, liquidity risk, counterparty risk and risks associated with the investment decisions and the operation of the Sub-Fund — an investment in this Sub-Fund is in particular exposed to: sustainability risks; risks associated with certain financial instruments (debt securities and bonds, high yield bonds, convertible bonds, CoCos, units of UCITS and other UCIs including ETFs, financial derivative instruments traded on a regulated market and OTC, securities lending, ABS/MBS, structured products, equities); risks associated with investments in emerging markets; risks associated with investments in China; and foreign exchange risk. This list is not exhaustive: the full description of the risk factors is set out in the Prospectus, section 5 (General Risk Factors), and in the Sub-Fund’s supplement.
The sub-fund is actively managed without reference to a benchmark.
Investors are acquiring units or shares in a fund, and not in a given underlying asset such as a building or shares of a company.
This Fund may not be appropriate for investors who plan to withdraw their money before the recommended holding period disclosed in the PRIIPs KID, if available for this share class.
Past performance is not a reliable indicator of future results.
Commissions and costs have a negative impact on the investment and on the expected returns. The entry and exit costs, which would have a negative impact on the performance, are not taken into consideration.
If whole or part of the total costs to be paid is different from your reference currency, the costs may increase or decrease as a result of currency and exchange rate fluctuations. The same applies to the return, if the currency of the product is different from your reference currency.
Investors should read the Key Information Document, Prospectus and any applicable local document prior to investing and to get complete information of the risks.
A summary of investor rights in English is available online at www.ubs.com/funds-regulatoryinformation.
Information on sustainability-related aspects pursuant to Regulation (EU) 2019/2088 is available in the Documents section of this website.
Any decision to invest should take into account all the characteristics or objectives of the product as described in its prospectus, or similar legal documentation.
The SICAV may decide to terminate at any time the arrangements made for the marketing of its collective investment undertakings in accordance with Article 93a of Directive 2009/65/EC.
Valori SICAV is an investment company with variable share capital (SICAV) incorporated under Luxembourg law, subject to Part I of the Luxembourg law of 17 December 2010 (UCITS) and authorised by the CSSF. The Articles of Association, the Prospectus, the PRIIPs KIDs and the latest annual and semi-annual reports may be obtained free of charge, upon request, on each business day during normal business hours at the registered office of the SICAV, 33A, avenue J.F. Kennedy, L-1855 Luxembourg.
The distributor may charge additional fees, such as subscription and redemption commissions; the maximum commissions stated in the Prospectus may not be exceeded. For further information, please contact your advisor.
Future performance is subject to taxation, which depends on the personal situation of each investor and may change in the future. The information on this page is provided for information and marketing purposes: it does not constitute an offer or a solicitation to buy or sell financial instruments and does not take into account the investment objectives, financial or tax situation or particular needs of any individual investor. The shares of the SICAV may be unsuitable or not permitted for sale in certain jurisdictions or to certain categories of investors; in particular, they may not be acquired or held by, or on behalf of, US Persons.
The information published is derived from sources believed to be reliable, but no guarantee is given as to its accuracy, completeness or timeliness. No liability is accepted for the accuracy of this information.
The Sub-Fund promotes environmental and/or social characteristics within the meaning of Article 8 of Regulation (EU) 2019/2088, but does not have sustainable investment as its objective.
© 2026 Morningstar. All rights reserved. The information relating to the Morningstar Sustainability Rating: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Performance
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Allocation
How to invest
Italian Retail Investors
As an Italian Private Investor, in order to invest in the Valori funds, you need to contact the Authorized Distributors for distribution in Italy.
Download the PDF with the list of Authorized Distributors.
Swiss Retail Investors
In order to subscribe to the Fund you will need to contact your Banking Institution, communicating the ISIN of interest.
European Institutional Investors
As a European Institutional Investor, in order to subscribe to the Fund you can:
- Contact a Transfer Agent, by completing and faxing the subscription form provided by him/her
- Contact one of the following Intermediaries:
– All Funds Bank
Swiss Institutional Investors
As a Swiss Institutional Investor, in order to subscribe to the Fund you will need to contact your Banking Institution, communicating the ISIN of interest.
