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ProspectusDaterr_ProspectusDateOct. 28, 2011
UBS MARKET NEUTRAL MULTI-STRATEGY FUND (Prospectus Summary) | UBS MARKET NEUTRAL MULTI-STRATEGY FUND
 
Risk/Return:rr_RiskReturnAbstract 
Risk/Return, Headingrr_RiskReturnHeadingUBS Market Neutral Multi-Strategy Fund Summary
Investment Objective, Headingrr_ObjectiveHeadingInvestment objective
investment Objective, Primaryrr_ObjectivePrimaryTextBlock
The Fund seeks to maximize total return, consisting of capital appreciation and
current income, while neutralizing the general risks associated with stock
market investing.
Expense, Headingrr_ExpenseHeadingFees and expenses
Expense, Narrativerr_ExpenseNarrativeTextBlock
These tables describe the fees and expenses that you may pay if you buy and hold
shares of the Fund. You may qualify for a sales charge waiver or discount if you
and your family invest, or agree to invest in the future, at least $50,000 in
the Fund. More information about these and other discounts and waivers, as well
as eligibility requirements for each share class, is available from your
financial advisor and in "Managing your fund account" on page 36 of the Fund's
prospectus and in "Reduced sales charges, additional purchase, exchange and
redemption information and other services" on page 103 of the Fund's statement
of additional information ("SAI").
Shareholder Fees, Captionrr_ShareholderFeesCaptionShareholder fees (fees paid directly from your investment)
Operating Expenses, Captionrr_OperatingExpensesCaptionAnnual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover, Headingrr_PortfolioTurnoverHeadingPortfolio turnover
Portfolio Turnoverrr_PortfolioTurnoverTextBlock
The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover may
indicate higher transaction costs and may result in higher taxes when Fund
shares are held in a taxable account. These costs, which are not reflected in
annual fund operating expenses or in the example, affect the Fund's performance.
During the most recent fiscal year, the Fund's portfolio turnover rate was 460%
of the average value of its portfolio.
Portfolio Turnover, Raterr_PortfolioTurnoverRate460.00%
Expense Breakpoint, Discountsrr_ExpenseBreakpointDiscountsYou may qualify for a sales charge waiver or discount if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund.
Expense Breakpoint, Minimum Investment Required Amountrr_ExpenseBreakpointMinimumInvestmentRequiredAmount$ 50,000
Acquired Fund Fees and Expenses, Based on Estimatesrr_AcquiredFundFeesAndExpensesBasedOnEstimatesSince the "Acquired fund fees and expenses" are not directly borne by the Fund, they are not reflected in the Fund's financial statements, and therefore the amounts listed in "Total annual fund operating expenses" and "Total annual fund operating expenses after management fee waiver/expense reimbursements" will differ from those presented in the Financial highlights.
Expense Example, Headingrr_ExpenseExampleHeadingExample
Expense Example, Narrativerr_ExpenseExampleNarrativeTextBlock
This example is intended to help you compare the cost of investing in the Fund
with the cost of investing in other mutual funds. The example assumes that you
invest $10,000 in the Fund for the time periods indicated and then sell all of
your shares at the end of those periods unless otherwise stated. The example
also assumes that your investment has a 5% return each year and that the Fund's
operating expenses remain the same. The costs described in the example reflect
the expenses of the Fund that would result from the contractual fee waiver and
expense reimbursement agreement with the Advisor for the first year only.
Although your actual costs may be higher or lower, based on these assumptions,
your costs would be:
Investment Strategy, Headingrr_StrategyHeadingPrincipal strategies
Investment Strategy, Narrativerr_StrategyNarrativeTextBlock
Principal investments

The Fund seeks to achieve its investment objective by investing principally in
equity securities. Investments by the Fund in equity securities may include, but
are not limited to, common stock and preferred stock of issuers in developed
countries (including the United States) and emerging markets. The Fund's equity
investments may include large, intermediate and small capitalization companies.
The Fund will maintain both long positions and short positions in equity
securities and securities with equity-like characteristics. The Fund also may
invest in securities convertible into equity securities.

The Fund may, but is not required to, use exchange-traded or over-the-counter
derivative instruments for risk management purposes or as part of the Fund's
investment strategies. The derivatives in which the Fund may invest include
options, futures, forward agreements, swap agreements (specifically, total
return and currency swaps), equity participation notes and equity linked notes.
All of these derivatives may be used for risk management purposes, such as
hedging against a specific security or currency, or to manage or adjust the risk
profile of the Fund. In addition, all of the derivative instruments listed above
may be used for investment (non-hedging) purposes to earn income; to enhance
returns; to replace more traditional direct investments; to obtain exposure to
certain markets; or to establish net short positions for individual markets,
currencies or securities.

In employing its investment strategies for the Fund, the Advisor attempts to
achieve a total rate of return for the Fund which exceeds the rate of return on
3-month US Treasury bills by 2.25% to 4.25% for Class A shares, 1.50% to 3.50%
for Class C shares, and 2.50% to 4.50% for Class Y shares, each net of fund
ordinary operating expenses over rolling five year time horizons. The Advisor
does not represent or guarantee that the Fund will meet these total return
goals.

Under certain market conditions, the Fund may invest in companies at the time of
their initial public offering ("IPO"). To the extent permitted by the Investment
Company Act of 1940, as amended (the "1940 Act"), the Fund may borrow money from
banks to purchase investments for the Fund.

Management process

The Fund seeks to maximize total returns by allocating its assets among various
distinct equity investment strategies (each a "Fund component" and together, the
"Fund components"), which are managed by portfolio management teams at the
Advisor. Each Fund component is unique in terms of the source of its investment
insight, its geographic focus, or both. Each Fund component employs a market
neutral investment strategy designed to generate returns that have a low
correlation to the movements in the equity markets in which such Fund component
focuses. A Fund component will purchase securities long that it believes will
outperform the market, other Fund securities or both, and sell securities short
that are expected to underperform the market, other Fund securities or both. The
Fund engages in its long/short strategies in order to generate returns with low
correlations to market returns.

The Advisor selects Fund components and allocates the Fund's assets among the
Fund components based on each Fund component's expected contribution to the risk
adjusted investment return of the Fund. Fund components are chosen by the
Advisor in part because the Fund components demonstrate a low correlation of
returns versus equity markets and among each other. The Advisor intends to
allocate assets among the Fund components with the goal of providing returns for
the Fund that are a function of the Advisor's stock-level investment insights
rather than a function of broad market movements.

In deciding the Fund's allocation to each Fund component, the Advisor utilizes
analytical tools that enable the Advisor to view the entire investment portfolio
of the Fund across all underlying components in order to best assess the allocation
of Fund assets among these components based on alpha potential and contribution to
volatility and to monitor the impact of individual stock positions, both long and
short positions, on the Fund's entire portfolio.

The Fund components utilize fundamental valuation, quantitative research or a
combination of both to construct a portfolio. The investment decisions for
certain Fund components are based on price/value discrepancies as identified by
the Advisor's fundamental valuation process. In selecting securities utilizing
the fundamental valuation process, the Advisor bases its estimates of value upon
economic, industry and company analysis, as well as upon a company's management
team, competitive advantage and core competencies. The investment decisions for
other Fund components are based on investment opportunities generated by
quantitative research techniques that systematically exploit many small
reappearing market anomalies to provide consistent excess returns for the Fund.
Risk, Headingrr_RiskHeadingMain risks
Risk, Narrativerr_RiskNarrativeTextBlock
All investments carry a certain amount of risk and the Fund cannot guarantee
that it will achieve its investment objective. You may lose money by investing
in the Fund. An investment in the Fund is not a deposit of the bank and is not
insured or guaranteed by the Federal Deposit Insurance Corporation or any other
government agency. Below are some of the specific risks of investing in the
Fund.

Management risk: The risk that the investment strategies, techniques and risk
analyses employed by the Advisor may not produce the desired results.

Short sales risk: There are certain unique risks associated with the use of
short sales strategies. When selling a security short, the Advisor will sell a
security it does not own at the then-current market price and then borrow the
security to deliver to the buyer. The Fund is then obligated to buy the security
on a later date so it can return the security to the lender. Short sales
therefore involve the risk that the Fund will incur a loss by subsequently
buying a security at a higher price than the price at which the Fund previously
sold the security short. This would occur if the securities lender required the
Fund to deliver the securities the Fund had borrowed at the commencement of the
short sale and the Fund was unable to either purchase the security at a
favorable price or to borrow the security from another securities lender. If
this occurs at a time when other short sellers of the security also want to
close out their positions, a "short squeeze" can occur. A short squeeze occurs
when demand is greater than supply for the security sold short. Moreover,
because a Fund's loss on a short sale arises from increases in the value of the
security sold short, such loss, like the price of the security sold short, is
theoretically unlimited. By contrast, a Fund's loss on a long position arises
from decreases in the value of the security and therefore is limited by the fact
that a security's value cannot drop below zero. It is possible that the Fund's
securities held long will decline in value at the same time that the value of
the securities sold short increases, thereby increasing the potential for loss.

Foreign investing risk: The value of the Fund's investments in foreign
securities may fall due to adverse political, social and economic developments
abroad and due to decreases in foreign currency values relative to the US
dollar. Also, foreign securities are sometimes less liquid and more difficult to
sell and to value than securities of US issuers. These risks are greater for
investments in emerging market issuers. In addition, investments in emerging
market issuers may decline in value because of unfavorable foreign government
actions, greater risks of political instability or the absence of accurate
information about emerging market issuers.

Multi-strategy risk: The risk that the Fund may allocate assets to a Fund
Component that underperforms other strategy types.

Market risk: The risk that the market value of the Fund's investments may
fluctuate, sometimes rapidly or unpredictably, as the stock and bond markets
fluctuate. Market risk may affect a single issuer, industry, or sector of the
economy, or it may affect the market as a whole. The Advisor seeks to limit
market risk by utilizing a market neutral strategy, however, the Advisor cannot
guarantee that its strategy will be successful.

Derivatives risk: The value of "derivatives"-so called because their value
"derives" from the value of an underlying asset, reference rate or index-may
rise or fall more rapidly than other investments. When using derivatives for
non-hedging purposes, it is possible for the Fund to lose more than the amount
it invested in the derivative. The risks of investing in derivative instruments
also include market and management risks. In addition, many types of swaps and
other non-exchange traded derivatives may be subject to liquidity risk, credit
risk and mispricing or valuation complexity. These derivatives risks are
different from, and may be greater than, the risks associated with investing
directly in securities and other instruments.

Leverage risk associated with financial instruments: The use of financial
instruments to increase potential returns, including derivatives used for
investment (non-hedging) purposes, may cause the Fund to be more volatile than
if it had not been leveraged. The use of leverage may also accelerate the
velocity of losses and can result in losses to the Fund that exceed the amount
originally invested.

Leverage risk associated with borrowing: The Fund may borrow money from banks to
purchase investments for the Fund, which is a form of leverage. If the Fund
borrows money to purchase securities and the Fund's investments decrease in
value, the Fund's losses will be greater than if the Fund did not borrow money
for investment purposes. In addition, if the return on an investment purchased
with borrowed funds is not sufficient to cover the cost of borrowing, then the
net income of the Fund would be less than if borrowing were not used.

Limited capitalization risk: The risk that securities of smaller capitalization
companies tend to be more volatile and less liquid than securities of larger
capitalization companies. This can have a disproportionate effect on the market
price of smaller capitalization companies and affect the Fund's ability to
purchase or sell these securities. In general, smaller capitalization companies
are more vulnerable than larger companies to adverse business or economic
developments and they may have more limited resources.

IPOs risk: The purchase of shares issued in IPOs may expose the Fund to the
risks associated with issuers that have no operating history as public
companies, as well as to the risks associated with the sectors of the market in
which the issuer operates. The market for IPO shares may be volatile, and share
prices of newly-public companies may fluctuate significantly over a short period
of time.
Risk, Lose Moneyrr_RiskLoseMoneyYou may lose money by investing in the Fund.
Risk, Not Insured Depository Institutionrr_RiskNotInsuredDepositoryInstitutionAn investment in the Fund is not a deposit of the bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Bar Chart and Performance Table, Headingrr_BarChartAndPerformanceTableHeadingPerformance
Performance, Narrativerr_PerformanceNarrativeTextBlock
There is no performance information quoted for the Fund as the Fund had not
completed a full calendar year of operations as of the date of this prospectus.
Performance, One Year or Lessrr_PerformanceOneYearOrLessThere is no performance information quoted for the Fund as the Fund had not completed a full calendar year of operations as of the date of this prospectus.
UBS MARKET NEUTRAL MULTI-STRATEGY FUND (Prospectus Summary) | UBS MARKET NEUTRAL MULTI-STRATEGY FUND | CLASS A
 
Risk/Return:rr_RiskReturnAbstract 
Fee Waiver or Reimbursement over Assets, Date of Terminationrr_FeeWaiverOrReimbursementOverAssetsDateOfTermination2012-10-27
UBS MARKET NEUTRAL MULTI-STRATEGY FUND (Prospectus Summary) | UBS MARKET NEUTRAL MULTI-STRATEGY FUND | CLASS C
 
Risk/Return:rr_RiskReturnAbstract 
Fee Waiver or Reimbursement over Assets, Date of Terminationrr_FeeWaiverOrReimbursementOverAssetsDateOfTermination2012-10-27
UBS MARKET NEUTRAL MULTI-STRATEGY FUND (Prospectus Summary) | UBS MARKET NEUTRAL MULTI-STRATEGY FUND | CLASS Y
 
Risk/Return:rr_RiskReturnAbstract 
Fee Waiver or Reimbursement over Assets, Date of Terminationrr_FeeWaiverOrReimbursementOverAssetsDateOfTermination2012-10-27
UBS MARKET NEUTRAL MULTI-STRATEGY FUND | CLASS A
 
Risk/Return:rr_RiskReturnAbstract 
Maximum front-end sales charge (load) imposed on purchases (as a % of offering price)rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice5.50%
Maximum contingent deferred sales charge (load) (CDSC) (as a % of purchase or sales price, whichever is less)rr_MaximumDeferredSalesChargeOverOfferingPrice none
Redemption fee (as a % of amount redeemed within 90 days of purchase, if applicable)rr_RedemptionFeeOverRedemption(1.00%)
Management feesrr_ManagementFeesOverAssets1.25%
Distribution and/or service (12b-1) feesrr_DistributionAndService12b1FeesOverAssets0.25%
Dividend expense and security loan fees for securities sold shortrr_Component1OtherExpensesOverAssets2.38%
Otherrr_Component2OtherExpensesOverAssets1.38%
Total other expensesrr_OtherExpensesOverAssets3.76%
Acquired fund fees and expensesrr_AcquiredFundFeesAndExpensesOverAssets0.04%
Total annual fund operating expensesrr_ExpensesOverAssets5.30%[1]
Less management fee waiver/expense reimbursementsrr_FeeWaiverOrReimbursementOverAssets(1.13%)
Total annual fund operating expenses after management fee waiver/expense reimbursementsrr_NetExpensesOverAssets4.17%[1],[2]
Expense Example, With Redemption, 1 Yearrr_ExpenseExampleYear01946
Expense Example, With Redemption, 3 Yearsrr_ExpenseExampleYear031,953
Expense Example, With Redemption, 5 Yearsrr_ExpenseExampleYear052,954
Expense Example, With Redemption, 10 Yearsrr_ExpenseExampleYear105,430
UBS MARKET NEUTRAL MULTI-STRATEGY FUND | CLASS C
 
Risk/Return:rr_RiskReturnAbstract 
Maximum front-end sales charge (load) imposed on purchases (as a % of offering price)rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum contingent deferred sales charge (load) (CDSC) (as a % of purchase or sales price, whichever is less)rr_MaximumDeferredSalesChargeOverOfferingPrice1.00%
Redemption fee (as a % of amount redeemed within 90 days of purchase, if applicable)rr_RedemptionFeeOverRedemption(1.00%)
Management feesrr_ManagementFeesOverAssets1.25%
Distribution and/or service (12b-1) feesrr_DistributionAndService12b1FeesOverAssets1.00%
Dividend expense and security loan fees for securities sold shortrr_Component1OtherExpensesOverAssets2.44%
Otherrr_Component2OtherExpensesOverAssets1.25%
Total other expensesrr_OtherExpensesOverAssets3.69%
Acquired fund fees and expensesrr_AcquiredFundFeesAndExpensesOverAssets0.04%
Total annual fund operating expensesrr_ExpensesOverAssets5.98%[1]
Less management fee waiver/expense reimbursementsrr_FeeWaiverOrReimbursementOverAssets(1.00%)
Total annual fund operating expenses after management fee waiver/expense reimbursementsrr_NetExpensesOverAssets4.98%[1],[2]
Expense Example, With Redemption, 1 Yearrr_ExpenseExampleYear01598
Expense Example, With Redemption, 3 Yearsrr_ExpenseExampleYear031,683
Expense Example, With Redemption, 5 Yearsrr_ExpenseExampleYear052,844
Expense Example, With Redemption, 10 Yearsrr_ExpenseExampleYear105,650
Expense Example, No Redemption, 1 Yearrr_ExpenseExampleNoRedemptionYear01498
Expense Example, No Redemption, 3 Yearsrr_ExpenseExampleNoRedemptionYear031,683
Expense Example, No Redemption, 5 Yearsrr_ExpenseExampleNoRedemptionYear052,844
Expense Example, No Redemption, 10 Yearsrr_ExpenseExampleNoRedemptionYear105,650
UBS MARKET NEUTRAL MULTI-STRATEGY FUND | CLASS Y
 
Risk/Return:rr_RiskReturnAbstract 
Maximum front-end sales charge (load) imposed on purchases (as a % of offering price)rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum contingent deferred sales charge (load) (CDSC) (as a % of purchase or sales price, whichever is less)rr_MaximumDeferredSalesChargeOverOfferingPrice none
Redemption fee (as a % of amount redeemed within 90 days of purchase, if applicable)rr_RedemptionFeeOverRedemption(1.00%)
Management feesrr_ManagementFeesOverAssets1.25%
Distribution and/or service (12b-1) feesrr_DistributionAndService12b1FeesOverAssets none
Dividend expense and security loan fees for securities sold shortrr_Component1OtherExpensesOverAssets2.32%
Otherrr_Component2OtherExpensesOverAssets1.26%
Total other expensesrr_OtherExpensesOverAssets3.58%
Acquired fund fees and expensesrr_AcquiredFundFeesAndExpensesOverAssets0.04%
Total annual fund operating expensesrr_ExpensesOverAssets4.87%[1]
Less management fee waiver/expense reimbursementsrr_FeeWaiverOrReimbursementOverAssets(1.01%)
Total annual fund operating expenses after management fee waiver/expense reimbursementsrr_NetExpensesOverAssets3.86%[1],[2]
Expense Example, With Redemption, 1 Yearrr_ExpenseExampleYear01388
Expense Example, With Redemption, 3 Yearsrr_ExpenseExampleYear031,375
Expense Example, With Redemption, 5 Yearsrr_ExpenseExampleYear052,364
Expense Example, With Redemption, 10 Yearsrr_ExpenseExampleYear10$ 4,847
[1]Since the "Acquired fund fees and expenses" are not directly borne by the Fund, they are not reflected in the Fund's financial statements, and therefore the amounts listed in "Total annual fund operating expenses" and "Total annual fund operating expenses after management fee waiver/expense reimbursements" will differ from those presented in the Financial highlights.
[2]The Trust, with respect to the Fund, and UBS Global Asset Management (Americas) Inc., the Fund's investment advisor ("UBS Global AM (Americas)" or the "Advisor"), have entered into a written agreement pursuant to which the Advisor has agreed to waive a portion of its management fees and/or to reimburse expenses (excluding expenses incurred through investment in other investment companies, interest, taxes, brokerage commissions, extraordinary expenses, dividend expense and security loan fees for securities sold short) to the extent necessary so that the Fund's ordinary operating expenses (excluding expenses incurred through investment in other investment companies, interest, taxes, brokerage commissions, extraordinary expenses, dividend expense and security loan fees for securities sold short), through the period ending October 27, 2012, do not exceed 1.75% for Class A shares, 2.50% for Class C shares and 1.50% for Class Y shares. Pursuant to the written agreement, the Advisor is entitled to be reimbursed for any fees it waives and expenses it reimburses for a period of three years following such fee waivers and expense reimbursements to the extent that such reimbursement of the Advisor by the Fund will not cause the Fund to exceed any applicable expense limit that is in place for the Fund.