0001104659-16-089399.txt : 20160112 0001104659-16-089399.hdr.sgml : 20160112 20160112161751 ACCESSION NUMBER: 0001104659-16-089399 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 20160112 DATE AS OF CHANGE: 20160112 EFFECTIVENESS DATE: 20160112 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: 161338950 BUSINESS ADDRESS: STREET 1: C/O UBS ASSET MANAGEMENT (AMERICAS) INC STREET 2: ONE NORTH WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-525-7100 MAIL ADDRESS: STREET 1: C/O UBS ASSET MANAGEMENT (AMERICAS) INC STREET 2: ONE NORTH WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: BRINSON FUNDS INC DATE OF NAME CHANGE: 19920929 0000886244 S000002979 UBS GLOBAL ALLOCATION FUND C000008182 CLASS A BNGLX C000008184 CLASS C BNPCX C000008185 CLASS P BPGLX 0000886244 S000003135 UBS DYNAMIC ALPHA FUND C000008503 CLASS A BNAAX C000008505 CLASS C BNACX C000008506 CLASS P BNAYX 0000886244 S000017860 UBS Asset Growth Fund C000049576 Class A BGFAX C000049577 Class C BGFCX C000049578 Class P BGFYX 497 1 a16-1218_7497.htm DEFINITIVE MATERIALS

The UBS Funds

Prospectus Supplement

The UBS Funds

UBS Asset Growth Fund

UBS Dynamic Alpha Fund

UBS Global Allocation Fund

Prospectus Supplement

January 12, 2016

Dear Investor,

The purpose of this supplement is to update the Prospectus of the UBS Asset Growth Fund, UBS Dynamic Alpha Fund, and UBS Global Allocation Fund series (each, a "Fund" and collectively, the "Funds") of The UBS Funds dated October 28, 2015, as supplemented, as follows:

Curt Custard no longer serves as a portfolio manager for the Funds. The remaining portfolio managers of each Fund have assumed Mr. Custard's portfolio management responsibilities for such Fund.

Therefore, all references to Mr. Custard in the Prospectus are hereby deleted in their entirety.

PLEASE BE SURE TO RETAIN THIS IMPORTANT INFORMATION FOR FUTURE REFERENCE.

ZS-770



The UBS Funds

SAI Supplement

The UBS Funds

UBS Asset Growth Fund

UBS Dynamic Alpha Fund

UBS Global Allocation Fund

Supplement to the Statement of Additional Information

January 12, 2016

Dear Investor,

The purpose of this supplement is to update the Statement of Additional Information ("SAI") of the UBS Asset Growth Fund, UBS Dynamic Alpha Fund, and UBS Global Allocation Fund series (each, a "Fund," and collectively, the "Funds") of The UBS Funds dated October 28, 2015, as supplemented, as follows:

Curt Custard no longer serves as a portfolio manager for the Funds. The remaining portfolio managers of each Fund have assumed Mr. Custard's portfolio management responsibilities for such Fund.

Therefore, all references to Mr. Custard in the SAI are hereby deleted in their entirety.

PLEASE BE SURE TO RETAIN THIS IMPORTANT INFORMATION FOR FUTURE REFERENCE.

ZS-768


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