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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
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 76TJfAHTTdm5uaqR/sbhTg==

<SEC-DOCUMENT>0000949365-02-000034.txt : 20020628
<SEC-HEADER>0000949365-02-000034.hdr.sgml : 20020628
<ACCEPTANCE-DATETIME>20020628092238
ACCESSION NUMBER:		0000949365-02-000034
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20020628

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UBS FUNDS
		CENTRAL INDEX KEY:			0000886244
		IRS NUMBER:				367056204
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-47287
		FILM NUMBER:		02690098

	BUSINESS ADDRESS:	
		STREET 1:		209 S LASALLE ST
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60604-1795
		BUSINESS PHONE:		8001482430

	MAIL ADDRESS:	
		STREET 1:		209 S LASALLE ST
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60604-1795

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BRINSON FUNDS INC
		DATE OF NAME CHANGE:	19920929
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<FILENAME>finalpsp.txt
<DESCRIPTION>SUPPLEMENT TO PROSPECTUS
<TEXT>


                        	The UBS Funds
			   UBS Global Balanced Fund

	    Supplement to the Prospectus dated November 5, 2001
	        	(as revised April 8, 2002)


 		  			              June 28, 2002


Dear Investor,


This is a supplement to the Prospectus of the fund listed above.  The
purpose of this supplement is to notify you of the following changes:

	- UBS Global Balanced Fund, a series of The UBS Funds, has
  	  been renamed:

	               "UBS Global Allocation Fund"

In addition, the second sentence under the heading "Principal
Investment Strategies" on page 34 of the Prospectus is deleted and
replaced with the following sentence:

	- "Under normal circumstances, the Fund will allocate its
	  assets between fixed income securities and equity
	  securities."


						    Item # ZS-149


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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