0001104659-17-000123.txt : 20170103 0001104659-17-000123.hdr.sgml : 20170103 20170103121008 ACCESSION NUMBER: 0001104659-17-000123 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 5 FILED AS OF DATE: 20170103 DATE AS OF CHANGE: 20170103 EFFECTIVENESS DATE: 20170103 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: 17500902 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 S000053041 UBS Total Return Bond Fund C000166868 Class A UTBAX C000166869 Class C UTBCX C000166870 Class P UTBPX 497 1 a16-23954_4497.htm 497

The UBS Funds

Prospectus Supplement

•  UBS Total Return Bond Fund

January 3, 2017

Dear Investor,

The purpose of this supplement is to update the Prospectus of the UBS Total Return Bond Fund series (the "Fund") of The UBS Funds, dated October 28, 2016, as follows:

John Dugenske no longer serves as a portfolio manager for the Fund. The remaining portfolio managers will assume Mr. Dugenske's portfolio management responsibilities for the Fund.

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

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

ZS-867




The UBS Funds

Supplement to the Statement of Additional Information

•  UBS Total Return Bond Fund

January 3, 2017

Dear Investor,

The purpose of this supplement is to update the Statement of Additional Information ("SAI") of the UBS Total Return Bond Fund series (the "Fund") of The UBS Funds, dated October 28, 2016, as follows:

John Dugenske no longer serves as a portfolio manager for the Fund. The remaining portfolio managers will assume Mr. Dugenske's portfolio management responsibilities for the Fund.

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

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

ZS-868



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