0001104659-18-040382.txt : 20180615 0001104659-18-040382.hdr.sgml : 20180615 20180615112630 ACCESSION NUMBER: 0001104659-18-040382 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 16 FILED AS OF DATE: 20180615 DATE AS OF CHANGE: 20180615 EFFECTIVENESS DATE: 20180615 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: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 033-47287 FILM NUMBER: 18901351 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 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: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-06637 FILM NUMBER: 18901350 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 S000003134 UBS Emerging Markets Equity Opportunity Fund

C000200986 CLASS P2

485BPOS 1 a18-3755_6485bpos.htm 485BPOS

As filed with the U.S. Securities and Exchange Commission on June 15, 2018

File No. 033-47287

File No. 811-06637

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM N-1A

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933		x
Pre-Effective Amendment No.		o
Post-Effective Amendment No. 132		x

and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940		x
Amendment No. 133

(Check appropriate box or boxes.)

THE UBS FUNDS

(Exact Name of Registrant as Specified in Charter)

One North Wacker, Chicago, Illinois 60606

(Address of Principal Executive Office) (Zip Code)

Registrant’s Telephone Number, including Area Code 312-525-7100

Mark F. Kemper

UBS Asset Management (Americas) Inc.

One North Wacker

Chicago, Illinois 60606

(Name and Address of Agent for Service)

Please send copies of all communications to:

Bruce G. Leto, Esq.

Stradley Ronon Stevens & Young, LLP

2005 Market Street, Suite 2600

Philadelphia, PA 19103

(215) 564-8027

Approximate Date of Proposed Public Offering: As soon as practicable after the effective date of this registration statement.

It is proposed that this filing will become effective (check appropriate box):

x immediately upon filing pursuant to paragraph (b)

o on [Date] pursuant to paragraph (b)

o 60 days after filing pursuant to paragraph (a)(1)

o on [Date] pursuant to paragraph (a)(1)

o 75 days after filing pursuant to paragraph (a)(2)

o on [Date] pursuant to paragraph (a)(2) of Rule 485.

If appropriate, check the following box:

o This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended (the “Securities Act”) and the Investment Company Act of 1940, as amended, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement under Rule 485(b) under the Securities Act and has duly caused Post-Effective Amendment Nos. 132/133 to this Registration Statement on Form N-1A to be signed on its behalf by the undersigned, duly authorized, in the City of New York, and the State of New York on the 15th day of June, 2018.

	THE UBS FUNDS

	By:	/s/ Mark E. Carver
		Mark E. Carver*
		President and Principal Executive Officer

Pursuant to the requirements of the Securities Act, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:

Signature	Title	Date

/s/ Mark E. Carver	President and Principal	June 15, 2018
Mark E. Carver*	Executive Officer

/s/ Frank K. Reilly	Chairman and	June 15, 2018
Frank K. Reilly*	Trustee

/s/ Joanne Kilkeary	Principal Accounting	June 15, 2018
Joanne Kilkeary*	Officer and Treasurer

/s/ Adela Cepeda	Trustee	June 15, 2018
Adela Cepeda*

/s/ J. Mikesell Thomas	Trustee	June 15, 2018
J. Mikesell Thomas*

/s/ Abbie J. Smith	Trustee	June 15, 2018
Abbie J. Smith*

/s/ John J. Murphy	Trustee	June 15, 2018
John J. Murphy*

* By:	/s/ William T. MacGregor
	William T. MacGregor, Attorney-in-Fact
	(Pursuant to Powers of Attorney, incorporated herein by reference)

EXHIBIT INDEX

Index No.		Description of Exhibit

EX-101.INS		XBRL Instance Document

EX-101.SCH		XBRL Taxonomy Extension Schema Document

EX-101.CAL		XBRL Taxonomy Extension Calculation Linkbase

EX-101.DEF		XBRL Taxonomy Extension Definition Linkbase

EX-101.LAB		XBRL Taxonomy Extension Labels Linkbase

EX-101.PRE		XBRL Taxonomy Extension Presentation Linkbase

EX-101.INS 2 ck0000886244-20180525.xml XBRL INSTANCE DOCUMENT 0000886244 2018-06-30 2018-06-30 0000886244 ck0000886244:S000003134Member 2018-06-30 2018-06-30 0000886244 ck0000886244:S000003134Member ck0000886244:C000200986Member 2018-06-30 2018-06-30 xbrli:pure iso4217:USD "Other expenses" and "Acquired fund fees and expenses" are based on estimates for the current fiscal year. The Trust, with respect to the Fund, and UBS Asset Management (Americas) Inc., the Fund's investment advisor ("UBS AM (Americas)" or the "Advisor"), have entered into a written agreement pursuant to which the Advisor has agreed to waive its management fees and administration fees, and to reimburse expenses (excluding expenses incurred through investment in other investment companies, interest, taxes, brokerage commissions and extraordinary expenses) 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 and extraordinary expenses) through the period ending May 31, 2019 do not exceed 0.50%. Pursuant to the expense limitation agreement, the Advisor is entitled to be reimbursed for any expenses it reimburses to the extent such reimbursement can be made during the three years following the date on which such expense reimbursements were made, provided that the reimbursement of the Advisor by the Fund will not cause the Fund to exceed the lesser of any applicable expense limit that is in place for the Fund (i) at the time of the reimbursement, or (ii) at the time of the recoupment. The expense limitation agreement may be terminated by the Fund's Board of Trustees at any time and also will terminate automatically upon the expiration or termination of the Fund's advisory contract with the Advisor. Upon termination of the expense limitation agreement, however, the Advisor's three year recoupment rights will survive. UBS FUNDS 485BPOS false 0000886244 2018-06-30 2018-05-25 2018-05-25 2018-05-25 UBS Emerging Markets Equity Opportunity Fund Performance There is no performance information quoted for the Fund as the Fund had not commenced investment operations as of the date of this prospectus. There is no performance information quoted for the Fund as the Fund had not commenced investment operations as of the date of this prospectus. Investment objective The Fund seeks to maximize capital appreciation. Fees and expenses These tables describe the fees and expenses that you may pay if you buy and hold shares of the Fund. Shares of Class P2 are available for purchase on behalf of clients of a fee-based program or certain other advisory programs in which the Advisor exercises investment discretion. Clients pay a wrap fee or a similar advisory fee to participate in such programs. Shares of Class P2 are also available for purchase on behalf of institutional clients with which the Advisor or its affiliates has signed a separate investment management agreement, pursuant to which such clients pay an advisory fee. 0.0000 0.0000 0.0110 0.0000 0.0050 0.0001 0.0161 -0.0110 0.0051 ~ http://ubs.com/20180525/role/ScheduleShareholderFees20001 column dei_LegalEntityAxis compact ck0000886244_S000003134Member row primary compact * ~ ~ http://ubs.com/20180525/role/ScheduleAnnualFundOperatingExpenses20002 column dei_LegalEntityAxis compact ck0000886244_S000003134Member row primary compact * ~ "Other expenses" and "Acquired fund fees and expenses" are based on estimates for the current fiscal year. Shareholder fees (fees paid directly from your investment) Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment) 2019-05-31 "Other expenses" and "Acquired fund fees and expenses" are based on estimates for the current fiscal year. Example 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: 52 400 ~ http://ubs.com/20180525/role/ScheduleExpenseExampleTransposed20003 column dei_LegalEntityAxis compact ck0000886244_S000003134Member row primary compact * ~ Portfolio turnover The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate 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. Because the Fund has not yet commenced operations, it does not have a portfolio turnover rate to provide. Principal strategies Principal investments Under normal circumstances, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes, if any) in equity securities that are tied economically to emerging market countries. Investments in equity securities may include, but are not limited to, common stock; shares of collective trusts, investment companies, including exchange-traded funds; preferred stock; securities convertible into common stock, rights, warrants and options; sponsored or unsponsored depository receipts and depository shares, including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts; securities sold in private placements; and new issues, including initial and secondary public offerings. Securities tied economically to emerging market countries include securities on which the return is derived from issuers in emerging market countries, such as equity swap contracts and equity swap index contracts. The Fund intends to invest primarily in a portfolio of equity securities of issuers located in at least three emerging market countries, which may be located in Asia, Europe, Latin America, Africa and/or the Middle East. The Fund may invest in stocks of companies of any size. The Fund is a non-diversified fund. The Fund will generally hold the stocks of between 20 to 40 issuers. The Fund may invest up to 40% of its net assets in any one country or sector. 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. Generally, derivatives are financial contracts whose value depends upon, or is derived from, the value of an underlying asset, reference rate, index or other market factor and may relate to stocks, bonds, interest rates, credit, currencies or currency exchange rates, commodities and related indexes. The derivatives in which the Fund may invest include options (including options on securities, indices, futures, forwards, and swap agreements) futures, forward currency agreements, swap agreements (including interest rate, total return and currency) and equity participation notes and equity linked notes. All of these derivatives may be used for risk management purposes to manage or adjust the risk profile of the Fund. Futures on currencies and forward currency agreements may also be used to hedge against a specific currency. Further, the Fund may acquire and sell forward foreign currency exchange contracts in order to attempt to protect against uncertainty in the level of future foreign currency exchange rates in connection with the settlement of securities. 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 (except for forward currency agreements); to obtain exposure to certain markets; or to establish net short positions for individual currencies (except for equity participation notes). The Advisor considers a number of factors to determine whether an investment is tied to a particular country, including whether the investment is issued or guaranteed by a particular government or any of its agencies, political subdivisions, or instrumentalities; the investment has its primary trading market in a particular country; the issuer is organized under the laws of, derives at least 50% of its revenues from, or has at least 50% of its assets in a particular country; the investment is included in an index representative of a particular country or region; and the investment is exposed to the economic fortunes and risks of a particular country. The Fund considers a country's market to be an "emerging market" if it is defined as an emerging or developing economy by any of the International Bank for Reconstruction and Development (i.e., the World Bank), the International Finance Corporation or the United Nations or its authorities. Additionally, the Fund, for purposes of its investments, may consider a country included in JP Morgan or MSCI emerging markets indices to be an emerging market country. The countries included in this definition will change over time. The Fund's investments may include investments in China A-shares (shares of companies based in mainland China that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange). Up to 20% of the Fund's net assets may be invested in higher-yielding, lower-rated fixed income securities ("junk bonds"). The Fund may invest in fixed income securities of any maturity, but generally invests in securities having an initial maturity of more than one year. These securities are rated Ba1 or lower by Moody's Investors Service, Inc. ("Moody's") or BB+ or lower by Standard & Poor's Financial Services LLC ("S&P") or Fitch Ratings, Inc. ("Fitch"), comparably rated by another nationally recognized statistical rating organization, or, if unrated, are determined to be of comparable quality by the Advisor. The Fund may also invest in Eurodollar securities, which are fixed income securities of a US issuer or a foreign issuer that are issued outside of the United States. The Fund may also invest in securities issued by companies in any market capitalization range, including small capitalization companies. Management process The Advisor employs a high alpha long opportunistic strategy, also known as the "UBS-HALO" strategy. The UBS-HALO strategy is a long-term investing approach focused on taking opportunities that seek to produce superior performance relative to the benchmark (the difference of which is "alpha"). The Advisor follows a price to intrinsic value approach. The price to intrinsic value investment philosophy means the Advisor pays great attention to investment fundamentals and expected cash flows when assessing investments. The Advisor tries to identify and exploit periodic discrepancies between market prices and fundamental value. These price/value discrepancies are used as the building blocks for portfolio construction. In selecting individual securities for investment, the Advisor considers, among others: •  A company's potential cash generation •  Earnings outlook •  Expected sustainable return on investments •  Expected sustainable growth rates •  Stock prices versus a company's asset or franchise values Main risks 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. Market risk: 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. 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. Investments in foreign government bonds involve special risks because the Fund may have limited legal recourse in the event of default. 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. Emerging market risk: There are additional risks inherent in investing in less developed countries that are applicable to the Fund. Compared to the United States and other developed countries, investments in emerging market issuers may decline in value because of unfavorable foreign government actions, greater risks of politi-cal instability or the absence of accurate information about emerging market issuers. Further, emerging countries may have economies based on only a few industries and securities markets that trade only a small number of securities and employ settlement procedures different from those used in the United States. Prices on these exchanges tend to be volatile and, in the past, securities in these countries have offered greater potential for gain (as well as loss) than securities of companies located in developed countries. Further, investments by foreign investors are subject to a variety of restrictions in many emerging countries. Countries such as those in which the Fund may invest may experience, high rates of inflation, high interest rates, exchange rate fluctuations or currency depreciation, large amounts of external debt, balance of payments and trade difficulties and extreme poverty and unemployment. Geographic concentration risk: The risk that if the Fund has most of its investments in a single country or region, its portfolio will be more susceptible to factors adversely affecting issuers located in that country or region than would a more geographically diverse portfolio of securities. Focus risk: To the extent the Fund's investment strategy leads to sizable allocations to a particular market, sector or industry, the Fund may be more sensitive to any single economic, business, political, regulatory, or other event that occurs in that market, sector or industry. As a result, there may be more fluctuation in the price of the Fund's shares. Management risk: The risk that the investment strategies, techniques and risk analyses employed by the Advisor may not produce the desired results. Non-diversification risk: The Fund is a non-diversified investment company, which means that the Fund may invest more of its assets in a smaller number of issuers than a diversified investment company. As a non-diversified fund, the Fund's share price may be more volatile and the Fund has a greater potential to realize losses upon the occurrence of adverse events affecting a particular issuer. Small- and mid-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. Initial public offerings ("IPOs")/private placement risk: The purchase of shares issued in IPOs and investments in the stocks of privately held companies 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. An investment may be illiquid due to a lack of trading volume in the investment or if the investment is privately placed and not traded in any public market or is otherwise restricted from trading. 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. 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 risk, management risk, counterparty risk (which is the risk that a counterparty to a derivative contract is unable or unwilling to meet its financial obligations) and the risk that changes in the value of a derivative may not correlate perfectly with the underlying asset, rate, index or overall market security. Derivatives relating to fixed income markets are especially susceptible to interest rate risk and credit risk. 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. Credit risk: The risk that the Fund could lose money if the issuer or guarantor of a fixed income security, or the counterparty to or guarantor of a derivative contract, is unable or unwilling to meet its financial obligations. This risk is likely greater for lower quality investments than for investments that are higher quality. High yield bond risk: The risk that the issuer of bonds with ratings of Ba1 or lower by Moody's or BB+ or lower by S&P or Fitch, comparably rated by another nationally recognized statistical rating organization or, if unrated, are determined to be of comparable quality by the Advisor, will default or otherwise be unable to honor a financial obligation (also known as lower-rated or "junk bonds"). These securities are considered to be predominately speculative with respect to an issuer's capacity to pay interest and repay principal in accordance with the terms of the obligations. Lower-quality bonds are more likely to be subject to an issuer's default or downgrade than investment grade (higher-quality) bonds. Interest rate risk: An increase in prevailing interest rates typically causes the value of fixed income securities to fall. Changes in interest rates will likely affect the value of longer-duration fixed income securities more than shorter-duration securities and higher quality securities more than lower quality securities. When interest rates are falling, some fixed income securities provide that the issuer may repay them earlier than the maturity date, and if this occurs the Fund may have to reinvest these repayments at lower interest rates. The risks associated with rising interest rates may be more pronounced in the near future as interest rates rise from historically low rates. Liquidity risk: The risk that investments cannot be readily sold at the desired time or price, and the Fund may have to accept a lower price or may not be able to sell the security at all. An inability to sell securities can adversely affect the Fund's value or prevent the Fund from taking advantage of other investment opportunities. Liquid portfolio investments may become illiquid or less liquid after purchase by the Fund due to low trading volume, adverse investor perceptions and/or other market developments. In recent years, the number and capacity of dealers that make markets in fixed income securities has decreased. Consequently, the decline in dealers engaging in market making trading activities may increase liquidity risk, which can be more pronounced in periods of market turmoil. Liquidity risk may be magnified in a rising interest rate environment or when investor redemptions from fixed income funds may be higher than normal, causing increased supply in the market due to selling activity. Liquidity risk includes the risk that the Fund will experience significant net redemptions at a time when it cannot find willing buyers for its portfolio securities or can only sell its portfolio securities at a material loss. Greater China and China A-shares risk: There are special risks associated with investments in China, Hong Kong and Taiwan, including exposure to currency fluctuations, less liquidity, expropriation, confiscatory taxation, nationalization and exchange control regulations (including currency blockage). Inflation and rapid fluctuations in inflation and interest rates have had, and may continue to have, negative effects on the economy and securities markets of China, Hong Kong and Taiwan. In addition, investments in Taiwan could be adversely affected by its political and economic relationship with China. Certain securities issued by companies located or operating in Greater China, such as China A-shares, are subject to trading restrictions, quota limitations and less market liquidity. Additionally, developing countries, such as those in Greater China, may subject the Fund's investments to a number of tax rules, and the application of many of those rules may be uncertain. Moreover, China has implemented a number of tax reforms in recent years, and may amend or revise its existing tax laws and/or procedures in the future, possibly with retroactive effect. Changes in applicable Chinese tax law could reduce the after-tax profits of the Fund, directly or indirectly, including by reducing the after-tax profits of companies in China in which the Fund invests. Uncertainties in Chinese tax rules could result in unexpected tax liabilities for the Fund. Investing in other funds risk: The Fund's investment performance is affected by the investment performance of the underlying funds in which the Fund may invest. Through its investment in the underlying funds, the Fund is subject to the risks of the underlying funds' investments and their expenses. 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. The Fund is a non-diversified investment company, which means that the Fund may invest more of its assets in a smaller number of issuers than a diversified investment company. As a non-diversified fund, the Fund's share price may be more volatile and the Fund has a greater potential to realize losses upon the occurrence of adverse events affecting a particular issuer. EX-101.SCH 3 ck0000886244-20180525.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 000001 - Document - Document and Entity Information link:presentationLink link:definitionLink link:calculationLink 020000 - Document - Risk/Return Summary {Unlabeled} - UBS Emerging Markets Equity Opportunity Fund link:presentationLink link:definitionLink link:calculationLink 020001 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020002 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020003 - Schedule - Expense Example {Transposed} link:presentationLink link:definitionLink link:calculationLink 020004 - Disclosure - Risk/Return Detail Data {Elements} - UBS Emerging Markets Equity Opportunity Fund link:presentationLink link:definitionLink link:calculationLink EX-101.LAB 4 ck0000886244-20180525_lab.xml XBRL TAXONOMY EXTENSION LABELS LINKBASE DOCUMENT After Taxes on Distributions After Taxes on Distributions and Sale of Fund Shares Inception Date Since Inception 10 Years 1 Year 5 Years Risk/Return Summary [Abstract] Risk/Return: Prospectus: Document Type Document Period End Date Registrant Name Central Index Key Amendment Flag Document Creation Date Document Effective Date Trading Symbol Prospectus Date UBS Emerging Markets Equity Opportunity Fund CLASS P2 (UBS Emerging Markets Equity Opportunity Fund) CLASS P2 Maximum front-end sales charge (load) imposed on purchases (as a % of offering price) Maximum contingent deferred sales charge (load) (CDSC) (as a % of purchase or sales price, whichever is less) Management fees Distribution and/or service (12b-1) fees Other expenses Acquired fund fees and expenses Total annual fund operating expenses Less management fee waiver/expense reimbursements Total annual fund operating expenses after management fee waiver/expense reimbursements Expense Example, with Redemption, 1 Year 1 year Expense Example, No Redemption, 1 Year 1 year Expense Example, with Redemption, 3 Years 3 years Expense Example, No Redemption, 3 Years 3 years Risk/Return [Heading] Risk/Return [Heading] Objective [Heading] Objective [Heading] Objective, Primary [Text Block] Objective, Primary [Text Block] Objective, Secondary [Text Block] Objective, Secondary [Text Block] Expense [Heading] Expense [Heading] Expense Narrative [Text Block] Expense Narrative [Text Block] Shareholder Fees Caption [Text] Shareholder Fees Caption [Text] Shareholder Fees Column [Text] Shareholder Fees Column [Text] Maximum Cumulative Sales Charge (as a percentage of Offering Price) Maximum Cumulative Sales Charge (as a percentage of Offering Price) Maximum Cumulative Sales Charge (as a percentage) Maximum Cumulative Sales Charge (as a percentage) Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) Maximum Deferred Sales Charge (as a percentage of Offering Price) Maximum Deferred Sales Charge (as a percentage) Maximum Deferred Sales Charge (as a percentage) Maximum Sales Charge on Reinvested Dividends and Distributions (as a percentage) Maximum Sales Charge on Reinvested Dividends and Distributions (as a percentage) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee Redemption Fee Exchange Fee (as a percentage of Amount Redeemed) Exchange Fee (as a percentage of Amount Redeemed) Exchange Fee Exchange Fee Maximum Account Fee (as a percentage of Assets) Maximum Account Fee (as a percentage of Assets) Maximum Account Fee Maximum Account Fee Shareholder Fee, Other Shareholder Fee, Other Operating Expenses Caption [Text] Operating Expenses Caption [Text] Operating Expenses Column [Text] Operating Expenses Column [Text] Management Fees (as a percentage of Assets) Distribution and Service (12b-1) Fees Distribution or Similar (Non 12b-1) Fees Distribution or Similar (Non 12b-1) Fees Component1 Other Expenses Component1 Other Expenses Component2 Other Expenses Component2 Other Expenses Component3 Other Expenses Component3 Other Expenses Other Expenses (as a percentage of Assets): Acquired Fund Fees and Expenses Expenses (as a percentage of Assets) Fee Waiver or Reimbursement Fee Waiver or Reimbursement Net Expenses (as a percentage of Assets) Fee Waiver or Reimbursement over Assets, Date of Termination Fee Waiver or Reimbursement over Assets, Date of Termination Portfolio Turnover [Heading] Portfolio Turnover [Heading] Portfolio Turnover [Text Block] Portfolio Turnover [Text Block] Portfolio Turnover, Rate Portfolio Turnover, Rate Expense Footnotes [Text Block] Expense Footnotes [Text Block] Expenses Deferred Charges [Text Block] Expenses Deferred Charges [Text Block] Expenses Range of Exchange Fees [Text Block] Expenses Range of Exchange Fees [Text Block] Expense Breakpoint Discounts [Text] Expense Breakpoint Discounts [Text] Expense Breakpoint, Minimum Investment Required [Amount] Expense Breakpoint, Minimum Investment Required [Amount] Expense Exchange Traded Fund Commissions [Text] Expense Exchange Traded Fund Commissions [Text] Expenses Represent Both Master and Feeder [Text] Expenses Represent Both Master and Feeder [Text] Expenses Explanation of Nonrecurring Account Fee [Text] Expenses Explanation of Nonrecurring Account Fee [Text] Other Expenses, New Fund, Based on Estimates [Text] Other Expenses, New Fund, Based on Estimates [Text] Acquired Fund Fees and Expenses, Based on Estimates [Text] Acquired Fund Fees and Expenses, Based on Estimates [Text] Expenses Other Expenses Had Extraordinary Expenses Been Included [Text] Expenses Other Expenses Had Extraordinary Expenses Been Included [Text] Expenses Restated to Reflect Current [Text] Expenses Restated to Reflect Current [Text] Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] Expense Example [Heading] Expense Example [Heading] Expense Example by Year [Heading] Expense Example by Year [Heading] Expense Example Narrative [Text Block] Expense Example Narrative [Text Block] Expense Example by, Year, Caption [Text] Expense Example by, Year, Caption [Text] Expense Example, By Year, Column [Text] Expense Example, By Year, Column [Text] Expense Example, with Redemption, 5 Years Expense Example, with Redemption, 5 Years Expense Example, with Redemption, 10 Years Expense Example, with Redemption, 10 Years Expense Example, No Redemption Narrative [Text Block] Expense Example, No Redemption Narrative [Text Block] Expense Example, No Redemption, By Year, Caption [Text] Expense Example, No Redemption, By Year, Caption [Text] Expense Example, No Redemption, By Year, Column [Text] Expense Example, No Redemption, By Year, Column [Text] Expense Example, No Redemption, 5 Years Expense Example, No Redemption, 5 Years Expense Example, No Redemption, 10 Years Expense Example, No Redemption, 10 Years Expense Example Footnotes [Text Block] Expense Example Footnotes [Text Block] Expense Example Closing [Text Block] Expense Example Closing [Text Block] Strategy [Heading] Strategy [Heading] Strategy Narrative [Text Block] Strategy Narrative [Text Block] Strategy Portfolio Concentration [Text] Strategy Portfolio Concentration [Text] Risk [Heading] Risk [Heading] Risk Narrative [Text Block] Risk Narrative [Text Block] Risk Footnotes [Text Block] Risk Footnotes [Text Block] Risk Closing [Text Block] Risk Closing [Text Block] Risk Lose Money [Text] Risk Lose Money [Text] Risk Nondiversified Status [Text] Risk Nondiversified Status [Text] Risk Money Market Fund [Text] Risk Money Market Fund [Text] Risk Not Insured Depository Institution [Text] Risk Not Insured Depository Institution [Text] Risk Caption Risk Caption Risk Column [Text] Risk Column [Text] Risk [Text] Risk [Text] Bar Chart and Performance Table [Heading] Bar Chart and Performance Table [Heading] Performance Narrative [Text Block] Performance Narrative [Text Block] Performance Information Illustrates Variability of Returns [Text] Performance Information Illustrates Variability of Returns [Text] Performance One Year or Less [Text] Performance One Year or Less [Text] Performance Additional Market Index [Text] Performance Additional Market Index [Text] Performance Availability Phone [Text] Performance Availability Phone [Text] Performance Availability Website Address [Text] Performance Availability Website Address [Text] Performance Past Does Not Indicate Future [Text] Performance Past Does Not Indicate Future [Text] Bar Chart [Heading] Bar Chart [Heading] Bar Chart Narrative [Text Block] Bar Chart Narrative [Text Block] Bar Chart Does Not Reflect Sales Loads [Text] Bar Chart Does Not Reflect Sales Loads [Text] Annual Return Caption [Text] Annual Return Caption [Text] Annual Return, Column [Text] Annual Return, Column [Text] Annual Return, Inception Date Annual Return, Inception Date Annual Return 1990 Annual Return 1990 Annual Return 1991 Annual Return 1991 Annual Return 1992 Annual Return 1992 Annual Return 1993 Annual Return 1993 Annual Return 1994 Annual Return 1994 Annual Return 1995 Annual Return 1995 Annual Return 1996 Annual Return 1996 Annual Return 1997 Annual Return 1997 Annual Return 1998 Annual Return 1998 Annual Return 1999 Annual Return 1999 Annual Return 2000 Annual Return 2000 Annual Return 2001 Annual Return 2001 Annual Return 2002 Annual Return 2002 Annual Return 2003 Annual Return 2003 Annual Return 2004 Annual Return 2004 Annual Return 2005 Annual Return 2005 Annual Return 2006 Annual Return 2006 EX-101.DEF 5 ck0000886244-20180525_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.PRE 6 ck0000886244-20180525_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT EX-101.CAL 7 ck0000886244-20180525_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT GRAPHIC 9 g37556cai001.gif GRAPHIC begin 644 g37556cai001.gif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end XML 10 R1.htm IDEA: XBRL DOCUMENT v3.8.0.1

Document and Entity Information

Total

Prospectus:

Document Type 485BPOS

Document Period End Date Jun. 30, 2018

Registrant Name UBS FUNDS

Central Index Key 0000886244

Amendment Flag false

Document Creation Date May 25, 2018

Document Effective Date May 25, 2018

Prospectus Date May 25, 2018

Document and Entity Information	Total
Prospectus:
Document Type	485BPOS
Document Period End Date	Jun. 30, 2018
Registrant Name	UBS FUNDS
Central Index Key	0000886244
Amendment Flag	false
Document Creation Date	May 25, 2018
Document Effective Date	May 25, 2018
Prospectus Date	May 25, 2018

X

- Definition
If the value is true, then the document is an amendment to previously-filed/accepted document.
+ References
No definition available.
+ Details

Name: dei_AmendmentFlag

Namespace Prefix: dei_

Data Type: xbrli:booleanItemType

Balance Type: na

Period Type: duration

X

- Definition
The date the document was made available and submitted, in CCYY-MM-DD format. The date of submission, date of acceptance by the recipient, and the document effective date are all potentially different.
+ References
No definition available.
+ Details

Name: dei_DocumentCreationDate

Namespace Prefix: dei_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition
The date when a document, upon receipt and acceptance, becomes officially effective, in CCYY-MM-DD format. Usually it is a system-assigned date time value, but it may be declared by the submitter in some cases.
+ References
No definition available.
+ Details

Name: dei_DocumentEffectiveDate

Namespace Prefix: dei_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.
+ References
No definition available.
+ Details

Name: dei_DocumentPeriodEndDate

Namespace Prefix: dei_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other".
+ References
No definition available.
+ Details

Name: dei_DocumentType

Namespace Prefix: dei_

Data Type: dei:submissionTypeItemType

Balance Type: na

Period Type: duration

X

- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation 12B
-Number 240
-Section 12b
-Subsection 1
+ Details

Name: dei_EntityCentralIndexKey

Namespace Prefix: dei_

Data Type: dei:centralIndexKeyItemType

Balance Type: na

Period Type: duration

X

- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation 12B
-Number 240
-Section 12b
-Subsection 1
+ Details

Name: dei_EntityRegistrantName

Namespace Prefix: dei_

Data Type: xbrli:normalizedStringItemType

Balance Type: na

Period Type: duration

X

- Definition
The date of the prospectus.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 1
-Subsection a
-Paragraph 3
+ Details

Name: rr_ProspectusDate

Namespace Prefix: rr_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition
Prospectus Table.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
+ Details

Name: rr_ProspectusTable

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 11 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1

UBS Emerging Markets Equity Opportunity Fund

UBS Emerging Markets Equity Opportunity Fund

Investment objective

The Fund seeks to maximize capital appreciation.

Fees and expenses

These tables describe the fees and expenses that you may pay if you buy and hold shares of the Fund. Shares of Class P2 are available for purchase on behalf of clients of a fee-based program or certain other advisory programs in which the Advisor exercises investment discretion. Clients pay a wrap fee or a similar advisory fee to participate in such programs. Shares of Class P2 are also available for purchase on behalf of institutional clients with which the Advisor or its affiliates has signed a separate investment management agreement, pursuant to which such clients pay an advisory fee.

Shareholder fees (fees paid directly from your investment)

Shareholder Fees

UBS Emerging Markets Equity Opportunity Fund

CLASS P2

Maximum front-end sales charge (load) imposed on purchases (as a % of offering price) none

Maximum contingent deferred sales charge (load) (CDSC) (as a % of purchase or sales price, whichever is less) none

Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses

UBS Emerging Markets Equity Opportunity Fund

CLASS P2

Management fees 1.10%

Distribution and/or service (12b-1) fees none

Other expenses 0.50% ^[1]

Acquired fund fees and expenses 0.01% ^[1]

Total annual fund operating expenses 1.61%

Less management fee waiver/expense reimbursements 1.10%

Total annual fund operating expenses after management fee waiver/expense reimbursements 0.51% ^[2]

[1] "Other expenses" and "Acquired fund fees and expenses" are based on estimates for the current fiscal year.

[2] The Trust, with respect to the Fund, and UBS Asset Management (Americas) Inc., the Fund's investment advisor ("UBS AM (Americas)" or the "Advisor"), have entered into a written agreement pursuant to which the Advisor has agreed to waive its management fees and administration fees, and to reimburse expenses (excluding expenses incurred through investment in other investment companies, interest, taxes, brokerage commissions and extraordinary expenses) 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 and extraordinary expenses) through the period ending May 31, 2019 do not exceed 0.50%. Pursuant to the expense limitation agreement, the Advisor is entitled to be reimbursed for any expenses it reimburses to the extent such reimbursement can be made during the three years following the date on which such expense reimbursements were made, provided that the reimbursement of the Advisor by the Fund will not cause the Fund to exceed the lesser of any applicable expense limit that is in place for the Fund (i) at the time of the reimbursement, or (ii) at the time of the recoupment. The expense limitation agreement may be terminated by the Fund's Board of Trustees at any time and also will terminate automatically upon the expiration or termination of the Fund's advisory contract with the Advisor. Upon termination of the expense limitation agreement, however, the Advisor's three year recoupment rights will survive.

Example

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:

Expense Example

1 year

3 years

UBS Emerging Markets Equity Opportunity Fund | CLASS P2 | USD ($) 52 400

Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate 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. Because the Fund has not yet commenced operations, it does not have a portfolio turnover rate to provide.

Principal strategies

Principal investments

Under normal circumstances, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes, if any) in equity securities that are tied economically to emerging market countries. Investments in equity securities may include, but are not limited to, common stock; shares of collective trusts, investment companies, including exchange-traded funds; preferred stock; securities convertible into common stock, rights, warrants and options; sponsored or unsponsored depository receipts and depository shares, including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts; securities sold in private placements; and new issues, including initial and secondary public offerings.

Securities tied economically to emerging market countries include securities on which the return is derived from issuers in emerging market countries, such as equity swap contracts and equity swap index contracts. The Fund intends to invest primarily in a portfolio of equity securities of issuers located in at least three emerging market countries, which may be located in Asia, Europe, Latin America, Africa and/or the Middle East.

The Fund may invest in stocks of companies of any size. The Fund is a non-diversified fund. The Fund will generally hold the stocks of between 20 to 40 issuers. The Fund may invest up to 40% of its net assets in any one country or sector.

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. Generally, derivatives are financial contracts whose value depends upon, or is derived from, the value of an underlying asset, reference rate, index or other market factor and may relate to stocks, bonds, interest rates, credit, currencies or currency exchange rates, commodities and related indexes. The derivatives in which the Fund may invest include options (including options on securities, indices, futures, forwards, and swap agreements) futures, forward currency agreements, swap agreements (including interest rate, total return and currency) and equity participation notes and equity linked notes. All of these derivatives may be used for risk management purposes to manage or adjust the risk profile of the Fund. Futures on currencies and forward currency agreements may also be used to hedge against a specific currency. Further, the Fund may acquire and sell forward foreign currency exchange contracts in order to attempt to protect against uncertainty in the level of future foreign currency exchange rates in connection with the settlement of securities. 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 (except for forward currency agreements); to obtain exposure to certain markets; or to establish net short positions for individual currencies (except for equity participation notes).

The Advisor considers a number of factors to determine whether an investment is tied to a particular country, including whether the investment is issued or guaranteed by a particular government or any of its agencies, political subdivisions, or instrumentalities; the investment has its primary trading market in a particular country; the issuer is organized under the laws of, derives at least 50% of its revenues from, or has at least 50% of its assets in a particular country; the investment is included in an index representative of a particular country or region; and the investment is exposed to the economic fortunes and risks of a particular country. The Fund considers a country's market to be an "emerging market" if it is defined as an emerging or developing economy by any of the International Bank for Reconstruction and Development (i.e., the World Bank), the International Finance Corporation or the United Nations or its authorities. Additionally, the Fund, for purposes of its investments, may consider a country included in JP Morgan or MSCI emerging markets indices to be an emerging market country. The countries included in this definition will change over time. The Fund's investments may include investments in China A-shares (shares of companies based in mainland China that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange).

Up to 20% of the Fund's net assets may be invested in higher-yielding, lower-rated fixed income securities ("junk bonds"). The Fund may invest in fixed income securities of any maturity, but generally invests in securities having an initial maturity of more than one year. These securities are rated Ba1 or lower by Moody's Investors Service, Inc. ("Moody's") or BB+ or lower by Standard & Poor's Financial Services LLC ("S&P") or Fitch Ratings, Inc. ("Fitch"), comparably rated by another nationally recognized statistical rating organization, or, if unrated, are determined to be of comparable quality by the Advisor. The Fund may also invest in Eurodollar securities, which are fixed income securities of a US issuer or a foreign issuer that are issued outside of the United States. The Fund may also invest in securities issued by companies in any market capitalization range, including small capitalization companies.

Management process

The Advisor employs a high alpha long opportunistic strategy, also known as the "UBS-HALO" strategy. The UBS-HALO strategy is a long-term investing approach focused on taking opportunities that seek to produce superior performance relative to the benchmark (the difference of which is "alpha"). The Advisor follows a price to intrinsic value approach. The price to intrinsic value investment philosophy means the Advisor pays great attention to investment fundamentals and expected cash flows when assessing investments.

The Advisor tries to identify and exploit periodic discrepancies between market prices and fundamental value.

These price/value discrepancies are used as the building blocks for portfolio construction.

In selecting individual securities for investment, the Advisor considers, among others:

• A company's potential cash generation

• Earnings outlook

• Expected sustainable return on investments

• Expected sustainable growth rates

• Stock prices versus a company's asset or franchise values

Main risks

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.

Market risk: 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.

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. Investments in foreign government bonds involve special risks because the Fund may have limited legal recourse in the event of default. 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.

Emerging market risk: There are additional risks inherent in investing in less developed countries that are applicable to the Fund. Compared to the United States and other developed countries, investments in emerging market issuers may decline in value because of unfavorable foreign government actions, greater risks of politi-cal instability or the absence of accurate information about emerging market issuers. Further, emerging countries may have economies based on only a few industries and securities markets that trade only a small number of securities and employ settlement procedures different from those used in the United States. Prices on these exchanges tend to be volatile and, in the past, securities in these countries have offered greater potential for gain (as well as loss) than securities of companies located in developed countries. Further, investments by foreign investors are subject to a variety of restrictions in many emerging countries. Countries such as those in which the Fund may invest may experience, high rates of inflation, high interest rates, exchange rate fluctuations or currency depreciation, large amounts of external debt, balance of payments and trade difficulties and extreme poverty and unemployment.

Geographic concentration risk: The risk that if the Fund has most of its investments in a single country or region, its portfolio will be more susceptible to factors adversely affecting issuers located in that country or region than would a more geographically diverse portfolio of securities.

Focus risk: To the extent the Fund's investment strategy leads to sizable allocations to a particular market, sector or industry, the Fund may be more sensitive to any single economic, business, political, regulatory, or other event that occurs in that market, sector or industry. As a result, there may be more fluctuation in the price of the Fund's shares.

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

Non-diversification risk: The Fund is a non-diversified investment company, which means that the Fund may invest more of its assets in a smaller number of issuers than a diversified investment company. As a non-diversified fund, the Fund's share price may be more volatile and the Fund has a greater potential to realize losses upon the occurrence of adverse events affecting a particular issuer.

Small- and mid-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.

Initial public offerings ("IPOs")/private placement risk: The purchase of shares issued in IPOs and investments in the stocks of privately held companies 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. An investment may be illiquid due to a lack of trading volume in the investment or if the investment is privately placed and not traded in any public market or is otherwise restricted from trading.

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. 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 risk, management risk, counterparty risk (which is the risk that a counterparty to a derivative contract is unable or unwilling to meet its financial obligations) and the risk that changes in the value of a derivative may not correlate perfectly with the underlying asset, rate, index or overall market security. Derivatives relating to fixed income markets are especially susceptible to interest rate risk and credit risk. 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.

Credit risk: The risk that the Fund could lose money if the issuer or guarantor of a fixed income security, or the counterparty to or guarantor of a derivative contract, is unable or unwilling to meet its financial obligations. This risk is likely greater for lower quality investments than for investments that are higher quality.

High yield bond risk: The risk that the issuer of bonds with ratings of Ba1 or lower by Moody's or BB+ or lower by S&P or Fitch, comparably rated by another nationally recognized statistical rating organization or, if unrated, are determined to be of comparable quality by the Advisor, will default or otherwise be unable to honor a financial obligation (also known as lower-rated or "junk bonds"). These securities are considered to be predominately speculative with respect to an issuer's capacity to pay interest and repay principal in accordance with the terms of the obligations. Lower-quality bonds are more likely to be subject to an issuer's default or downgrade than investment grade (higher-quality) bonds.

Interest rate risk: An increase in prevailing interest rates typically causes the value of fixed income securities to fall. Changes in interest rates will likely affect the value of longer-duration fixed income securities more than shorter-duration securities and higher quality securities more than lower quality securities. When interest rates are falling, some fixed income securities provide that the issuer may repay them earlier than the maturity date, and if this occurs the Fund may have to reinvest these repayments at lower interest rates. The risks associated with rising interest rates may be more pronounced in the near future as interest rates rise from historically low rates.

Liquidity risk: The risk that investments cannot be readily sold at the desired time or price, and the Fund may have to accept a lower price or may not be able to sell the security at all. An inability to sell securities can adversely affect the Fund's value or prevent the Fund from taking advantage of other investment opportunities. Liquid portfolio investments may become illiquid or less liquid after purchase by the Fund due to low trading volume, adverse investor perceptions and/or other market developments. In recent years, the number and capacity of dealers that make markets in fixed income securities has decreased. Consequently, the decline in dealers engaging in market making trading activities may increase liquidity risk, which can be more pronounced in periods of market turmoil. Liquidity risk may be magnified in a rising interest rate environment or when investor redemptions from fixed income funds may be higher than normal, causing increased supply in the market due to selling activity. Liquidity risk includes the risk that the Fund will experience significant net redemptions at a time when it cannot find willing buyers for its portfolio securities or can only sell its portfolio securities at a material loss.

Greater China and China A-shares risk: There are special risks associated with investments in China, Hong Kong and Taiwan, including exposure to currency fluctuations, less liquidity, expropriation, confiscatory taxation, nationalization and exchange control regulations (including currency blockage). Inflation and rapid fluctuations in inflation and interest rates have had, and may continue to have, negative effects on the economy and securities markets of China, Hong Kong and Taiwan. In addition, investments in Taiwan could be adversely affected by its political and economic relationship with China. Certain securities issued by companies located or operating in Greater China, such as China A-shares, are subject to trading restrictions, quota limitations and less market liquidity. Additionally, developing countries, such as those in Greater China, may subject the Fund's investments to a number of tax rules, and the application of many of those rules may be uncertain. Moreover, China has implemented a number of tax reforms in recent years, and may amend or revise its existing tax laws and/or procedures in the future, possibly with retroactive effect. Changes in applicable Chinese tax law could reduce the after-tax profits of the Fund, directly or indirectly, including by reducing the after-tax profits of companies in China in which the Fund invests. Uncertainties in Chinese tax rules could result in unexpected tax liabilities for the Fund.

Investing in other funds risk: The Fund's investment performance is affected by the investment performance of the underlying funds in which the Fund may invest. Through its investment in the underlying funds, the Fund is subject to the risks of the underlying funds' investments and their expenses.

Performance

There is no performance information quoted for the Fund as the Fund had not commenced investment operations as of the date of this prospectus.

X

- Definition
Total Annual Fund Operating Expenses.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection table
-Paragraph 1
-Subparagraph 11
+ Details

Name: rr_AcquiredFundFeesAndExpensesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition
Contains a command for the SEC Viewer for the role corresponding to OperatingExpensesData.
+ References
No definition available.
+ Details

Name: rr_AnnualFundOperatingExpensesTableTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Risk/Return Bar Chart and Table.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 4
-Subsection b
-Paragraph 2
+ Details

Name: rr_BarChartAndPerformanceTableHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Distribution [and/or Service] (12b-1) Fees" include all distribution or other expenses incurred during the most recent fiscal year under a plan adopted pursuant to rule 12b-1 [17 CFR 270.12b-1]. Under an appropriate caption or a subcaption of "Other Expenses," disclose the amount of any distribution or similar expenses deducted from the Fund's assets other than pursuant to a rule 12b-1 plan.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection table
-Paragraph 1
-Subparagraph 9
+ Details

Name: rr_DistributionAndService12b1FeesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition
Heading for Expense Example.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 4
+ Details

Name: rr_ExpenseExampleHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection example
-Paragraph 1
-Subparagraph 1
+ Details

Name: rr_ExpenseExampleNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Contains a command for the SEC Viewer for the role corresponding to ExpenseExample.
+ References
No definition available.
+ Details

Name: rr_ExpenseExampleWithRedemptionTableTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Risk/Return Summary Fee Table Includes the following information, in plain English under rule 421(d) under the Securities Act, after Item 2 Fees and expenses of the Fund This table describes the fees and expenses that you may pay if you buy and hold shared of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $[_____] in [name of fund family] funds. Shareholder Fees (fees paid directly from your investment) Example 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 you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be You would pay the following expenses if you did not redeem your shares The Example does not reflect sales charges (loads) on reinvested dividends [and other distributions]. If these sales charges (loads) were included, your costs would be higher. Portfolio Turnover 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. 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 __% of the average value of its whole portfolio. Instructions. A.3.instructions.6 New Funds. For purposes of this Item, a "New Fund" is a Fund that does not include in Form N-1A financial statements reporting operating results or that includes financial statements for the Fund's initial fiscal year reporting operating results for a period of 6 months or less. The following Instructions apply to New Funds.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 1
-Subparagraph d
+ Details

Name: rr_ExpenseHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
This table describes the fees and expenses that you may pay if you buy and hold shared of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $[_____] in [name of fund family] funds. Include the narrative explanations in the order indicated. A Fund may modify the narrative explanations if the explanation contains comparable information to that shown. The narrative explanation regarding sales charge discounts is only required by a Fund that offers such discounts and should specify the minimum level of investment required to qualify for a discount. Modify the narrative explanation to state that Fund shares are sold on a national securities exchange at the end of the time periods indicated, and that brokerage commissions for buying and selling Fund shares through a broker are not reflected.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 1
-Subparagraph b
+ Details

Name: rr_ExpenseNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Total Annual Fund Operating Expenses. If the Fund is a Feeder Fund, reflect the aggregate expenses of the Feeder Fund and the Master Fund in a single fee table using the captions provided. In a footnote to the fee table, state that the table and Example reflect the expenses of both the Feeder and Master Funds. If the prospectus offers more than one Class of a Multiple Class Fund or more than one Feeder Fund that invests in the same Master Fund, provide a separate response for each Class or Feeder Fund. Base the percentages of "Annual Fund Operating Expenses" on amounts incurred during the Fund's most recent fiscal year, but include in expenses amounts that would have been incurred absent expense reimbursement or fee waiver arrangements. If the Fund has changed its fiscal year and, as a result, the most recent fiscal year is less than three months, use the fiscal year prior to the most recent fiscal year as the basis for determining "Annual Fund Operating Expenses."
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 3
-Subparagraph d
+ Details

Name: rr_ExpensesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition
Total Annual Fund Operating Expenses. If there were expense reimbursement or fee waiver arrangements that reduced any Fund operating expenses and will continue to reduce them for no less than one year from the effective date of the Fund's registration statement, a Fund may add two captions to the table one caption showing the amount of the expense reimbursement or fee waiver, and a second caption showing the Fund's net expenses after subtracting the fee reimbursement or expense waiver from the total fund operating expenses. The Fund should place these additional captions directly below the "Total Annual Fund Operating Expenses" caption of the table and should use appropriate descriptive captions, such as "Fee Waiver [and/or Expense Reimbursement]" and "Total Annual Fund Operating Expenses After Fee Waiver [and/or Expense Reimbursement]," respectively. If the Fund provides this disclosure, also disclose the period for which the expense reimbursement or fee waiver arrangement is expected to continue, and briefly describe who can terminate the arrangement and under what circumstances.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection table
-Paragraph 1
-Subparagraph 11
+ Details

Name: rr_FeeWaiverOrReimbursementOverAssets

Namespace Prefix: rr_

Data Type: rr:NonPositivePure4Type

Balance Type: na

Period Type: duration

X

- Definition
Management Fees include investment advisory fees (including any fees based on the Fund's performance), any other management fees payable to the investment adviser or its affiliates, and administrative fees payable to the investment adviser or its affiliates that are not included as "Other Expenses."
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 3
-Subparagraph a
+ Details

Name: rr_ManagementFeesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition
Maximum Deferred Sales Charge (Load) (as a percentage of ____) A.3.instructions.2.a.i "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). A.3.instructions.2.a.ii If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 2
-Subparagraph a
-Clause i
+ Details

Name: rr_MaximumDeferredSalesChargeOverOfferingPrice

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition
Maximum Deferred Sales Charge (Load) (as a percentage of ____) A.3.instructions.2.a.i "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). A.3.instructions.2.a.ii If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection table
-Paragraph 1
-Subparagraph 1
+ Details

Name: rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition
Total Annual Fund Operating Expenses.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection table
-Paragraph 1
-Subparagraph 11
+ Details

Name: rr_NetExpensesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition
Investment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 2
-Subsection a
+ Details

Name: rr_ObjectiveHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Investment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 2
-Subsection a
+ Details

Name: rr_ObjectivePrimaryTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investment)
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection table
-Paragraph 1
-Subparagraph 7
+ Details

Name: rr_OperatingExpensesCaption

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
"Other Expenses" include all expenses not otherwise disclosed in the table that are deducted from the Fund's assets or charged to all shareholder accounts. The amount of expenses deducted from the Fund's assets are the amounts shown as expenses in the Fund's statement of operations (including increases resulting from complying with paragraph 2(g) of rule 6-07 of Regulation S-X [17 CFR 210.6-07]). "Other Expenses" do not include extraordinary expenses as determined under generally accepted accounting principles (see Accounting Principles Board Opinion No. 30). If extraordinary expenses were incurred that materially affected the Fund's "Other Expenses," disclose in a footnote to the table what "Other Expenses" would have been had the extraordinary expenses been included.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 3
-Subparagraph c
-Clause i
+ Details

Name: rr_OtherExpensesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition
Risk/Return Bar Chart and Table.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 4
-Subsection b
-Paragraph 2
+ Details

Name: rr_PerformanceNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclose the portfolio turnover rate provided in response to Item 14(a) for the most recent fiscal year (or for such shorter period as the Fund has been in operation). Disclose the period for which the information is provided if less than a full fiscal year. A Fund that is a Money Market Fund may omit the portfolio turnover information required by this Item.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 5
+ Details

Name: rr_PortfolioTurnoverHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclose the portfolio turnover rate provided in response to Item 14(a) for the most recent fiscal year (or for such shorter period as the Fund has been in operation). Disclose the period for which the information is provided if less than a full fiscal year. A Fund that is a Money Market Fund may omit the portfolio turnover information required by this Item.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection example
-Paragraph 3
+ Details

Name: rr_PortfolioTurnoverTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Narrative Risk Disclosure.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 4
-Subsection b
-Paragraph 1
+ Details

Name: rr_RiskHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Narrative Risk Disclosure. A Fund may, in responding to this Item, describe the types of investors for whom the Fund is intended or the types of investment goals that may be consistent with an investment in the Fund.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 4
-Subsection b
-Paragraph 1
-Subparagraph i
-Clause instruction
+ Details

Name: rr_RiskNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Risk/Return Summary Investment Objectives/Goals Include the following information, in plain English under rule 421(d) under the Securities Act, in the order and subject matter indicated
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 2
+ Details

Name: rr_RiskReturnHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Shareholder Fees (fees paid directly from your investment).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection table
-Paragraph 1
+ Details

Name: rr_ShareholderFeesCaption

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Contains a command for the SEC Viewer for the role corresponding to ShareholderFeesData.
+ References
No definition available.
+ Details

Name: rr_ShareholderFeesTableTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Principal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 4
-Subsection a
+ Details

Name: rr_StrategyHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Principal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 4
-Subsection a
+ Details

Name: rr_StrategyNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Details

Name: dei_LegalEntityAxis=ck0000886244_S000003134Member

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: rr_ProspectusShareClassAxis=ck0000886244_C000200986Member

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 12 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1

Label Element Value

UBS Emerging Markets Equity Opportunity Fund

Risk/Return: rr_RiskReturnAbstract

Risk/Return [Heading] rr_RiskReturnHeading UBS Emerging Markets Equity Opportunity Fund

Objective [Heading] rr_ObjectiveHeading Investment objective

Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock
The Fund seeks to maximize capital appreciation.

Expense [Heading] rr_ExpenseHeading Fees and expenses

Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock
These tables describe the fees and expenses that you may pay if you buy and hold shares of the Fund. Shares of Class P2 are available for purchase on behalf of clients of a fee-based program or certain other advisory programs in which the Advisor exercises investment discretion. Clients pay a wrap fee or a similar advisory fee to participate in such programs. Shares of Class P2 are also available for purchase on behalf of institutional clients with which the Advisor or its affiliates has signed a separate investment management agreement, pursuant to which such clients pay an advisory fee.

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder fees (fees paid directly from your investment)

Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)

Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination May 31, 2019

Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover

Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate 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. Because the Fund has not yet commenced operations, it does not have a portfolio turnover rate to provide.

Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates "Other expenses" and "Acquired fund fees and expenses" are based on estimates for the current fiscal year.

Acquired Fund Fees and Expenses, Based on Estimates [Text] rr_AcquiredFundFeesAndExpensesBasedOnEstimates "Other expenses" and "Acquired fund fees and expenses" are based on estimates for the current fiscal year.

Expense Example [Heading] rr_ExpenseExampleHeading Example

Expense Example Narrative [Text Block] rr_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:

Strategy [Heading] rr_StrategyHeading Principal strategies

Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
Principal investments

Under normal circumstances, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes, if any) in equity securities that are tied economically to emerging market countries. Investments in equity securities may include, but are not limited to, common stock; shares of collective trusts, investment companies, including exchange-traded funds; preferred stock; securities convertible into common stock, rights, warrants and options; sponsored or unsponsored depository receipts and depository shares, including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts; securities sold in private placements; and new issues, including initial and secondary public offerings.

Securities tied economically to emerging market countries include securities on which the return is derived from issuers in emerging market countries, such as equity swap contracts and equity swap index contracts. The Fund intends to invest primarily in a portfolio of equity securities of issuers located in at least three emerging market countries, which may be located in Asia, Europe, Latin America, Africa and/or the Middle East.

The Fund may invest in stocks of companies of any size. The Fund is a non-diversified fund. The Fund will generally hold the stocks of between 20 to 40 issuers. The Fund may invest up to 40% of its net assets in any one country or sector.

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. Generally, derivatives are financial contracts whose value depends upon, or is derived from, the value of an underlying asset, reference rate, index or other market factor and may relate to stocks, bonds, interest rates, credit, currencies or currency exchange rates, commodities and related indexes. The derivatives in which the Fund may invest include options (including options on securities, indices, futures, forwards, and swap agreements) futures, forward currency agreements, swap agreements (including interest rate, total return and currency) and equity participation notes and equity linked notes. All of these derivatives may be used for risk management purposes to manage or adjust the risk profile of the Fund. Futures on currencies and forward currency agreements may also be used to hedge against a specific currency. Further, the Fund may acquire and sell forward foreign currency exchange contracts in order to attempt to protect against uncertainty in the level of future foreign currency exchange rates in connection with the settlement of securities. 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 (except for forward currency agreements); to obtain exposure to certain markets; or to establish net short positions for individual currencies (except for equity participation notes).

The Advisor considers a number of factors to determine whether an investment is tied to a particular country, including whether the investment is issued or guaranteed by a particular government or any of its agencies, political subdivisions, or instrumentalities; the investment has its primary trading market in a particular country; the issuer is organized under the laws of, derives at least 50% of its revenues from, or has at least 50% of its assets in a particular country; the investment is included in an index representative of a particular country or region; and the investment is exposed to the economic fortunes and risks of a particular country. The Fund considers a country's market to be an "emerging market" if it is defined as an emerging or developing economy by any of the International Bank for Reconstruction and Development (i.e., the World Bank), the International Finance Corporation or the United Nations or its authorities. Additionally, the Fund, for purposes of its investments, may consider a country included in JP Morgan or MSCI emerging markets indices to be an emerging market country. The countries included in this definition will change over time. The Fund's investments may include investments in China A-shares (shares of companies based in mainland China that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange).

Up to 20% of the Fund's net assets may be invested in higher-yielding, lower-rated fixed income securities ("junk bonds"). The Fund may invest in fixed income securities of any maturity, but generally invests in securities having an initial maturity of more than one year. These securities are rated Ba1 or lower by Moody's Investors Service, Inc. ("Moody's") or BB+ or lower by Standard & Poor's Financial Services LLC ("S&P") or Fitch Ratings, Inc. ("Fitch"), comparably rated by another nationally recognized statistical rating organization, or, if unrated, are determined to be of comparable quality by the Advisor. The Fund may also invest in Eurodollar securities, which are fixed income securities of a US issuer or a foreign issuer that are issued outside of the United States. The Fund may also invest in securities issued by companies in any market capitalization range, including small capitalization companies.

Management process

The Advisor employs a high alpha long opportunistic strategy, also known as the "UBS-HALO" strategy. The UBS-HALO strategy is a long-term investing approach focused on taking opportunities that seek to produce superior performance relative to the benchmark (the difference of which is "alpha"). The Advisor follows a price to intrinsic value approach. The price to intrinsic value investment philosophy means the Advisor pays great attention to investment fundamentals and expected cash flows when assessing investments.

The Advisor tries to identify and exploit periodic discrepancies between market prices and fundamental value.

These price/value discrepancies are used as the building blocks for portfolio construction.

In selecting individual securities for investment, the Advisor considers, among others:

• A company's potential cash generation

• Earnings outlook

• Expected sustainable return on investments

• Expected sustainable growth rates

• Stock prices versus a company's asset or franchise values

Risk [Heading] rr_RiskHeading Main risks

Risk Narrative [Text Block] rr_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.

Market risk: 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.

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. Investments in foreign government bonds involve special risks because the Fund may have limited legal recourse in the event of default. 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.

Emerging market risk: There are additional risks inherent in investing in less developed countries that are applicable to the Fund. Compared to the United States and other developed countries, investments in emerging market issuers may decline in value because of unfavorable foreign government actions, greater risks of politi-cal instability or the absence of accurate information about emerging market issuers. Further, emerging countries may have economies based on only a few industries and securities markets that trade only a small number of securities and employ settlement procedures different from those used in the United States. Prices on these exchanges tend to be volatile and, in the past, securities in these countries have offered greater potential for gain (as well as loss) than securities of companies located in developed countries. Further, investments by foreign investors are subject to a variety of restrictions in many emerging countries. Countries such as those in which the Fund may invest may experience, high rates of inflation, high interest rates, exchange rate fluctuations or currency depreciation, large amounts of external debt, balance of payments and trade difficulties and extreme poverty and unemployment.

Geographic concentration risk: The risk that if the Fund has most of its investments in a single country or region, its portfolio will be more susceptible to factors adversely affecting issuers located in that country or region than would a more geographically diverse portfolio of securities.

Focus risk: To the extent the Fund's investment strategy leads to sizable allocations to a particular market, sector or industry, the Fund may be more sensitive to any single economic, business, political, regulatory, or other event that occurs in that market, sector or industry. As a result, there may be more fluctuation in the price of the Fund's shares.

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

Non-diversification risk: The Fund is a non-diversified investment company, which means that the Fund may invest more of its assets in a smaller number of issuers than a diversified investment company. As a non-diversified fund, the Fund's share price may be more volatile and the Fund has a greater potential to realize losses upon the occurrence of adverse events affecting a particular issuer.

Small- and mid-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.

Initial public offerings ("IPOs")/private placement risk: The purchase of shares issued in IPOs and investments in the stocks of privately held companies 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. An investment may be illiquid due to a lack of trading volume in the investment or if the investment is privately placed and not traded in any public market or is otherwise restricted from trading.

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. 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 risk, management risk, counterparty risk (which is the risk that a counterparty to a derivative contract is unable or unwilling to meet its financial obligations) and the risk that changes in the value of a derivative may not correlate perfectly with the underlying asset, rate, index or overall market security. Derivatives relating to fixed income markets are especially susceptible to interest rate risk and credit risk. 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.

Credit risk: The risk that the Fund could lose money if the issuer or guarantor of a fixed income security, or the counterparty to or guarantor of a derivative contract, is unable or unwilling to meet its financial obligations. This risk is likely greater for lower quality investments than for investments that are higher quality.

High yield bond risk: The risk that the issuer of bonds with ratings of Ba1 or lower by Moody's or BB+ or lower by S&P or Fitch, comparably rated by another nationally recognized statistical rating organization or, if unrated, are determined to be of comparable quality by the Advisor, will default or otherwise be unable to honor a financial obligation (also known as lower-rated or "junk bonds"). These securities are considered to be predominately speculative with respect to an issuer's capacity to pay interest and repay principal in accordance with the terms of the obligations. Lower-quality bonds are more likely to be subject to an issuer's default or downgrade than investment grade (higher-quality) bonds.

Interest rate risk: An increase in prevailing interest rates typically causes the value of fixed income securities to fall. Changes in interest rates will likely affect the value of longer-duration fixed income securities more than shorter-duration securities and higher quality securities more than lower quality securities. When interest rates are falling, some fixed income securities provide that the issuer may repay them earlier than the maturity date, and if this occurs the Fund may have to reinvest these repayments at lower interest rates. The risks associated with rising interest rates may be more pronounced in the near future as interest rates rise from historically low rates.

Liquidity risk: The risk that investments cannot be readily sold at the desired time or price, and the Fund may have to accept a lower price or may not be able to sell the security at all. An inability to sell securities can adversely affect the Fund's value or prevent the Fund from taking advantage of other investment opportunities. Liquid portfolio investments may become illiquid or less liquid after purchase by the Fund due to low trading volume, adverse investor perceptions and/or other market developments. In recent years, the number and capacity of dealers that make markets in fixed income securities has decreased. Consequently, the decline in dealers engaging in market making trading activities may increase liquidity risk, which can be more pronounced in periods of market turmoil. Liquidity risk may be magnified in a rising interest rate environment or when investor redemptions from fixed income funds may be higher than normal, causing increased supply in the market due to selling activity. Liquidity risk includes the risk that the Fund will experience significant net redemptions at a time when it cannot find willing buyers for its portfolio securities or can only sell its portfolio securities at a material loss.

Greater China and China A-shares risk: There are special risks associated with investments in China, Hong Kong and Taiwan, including exposure to currency fluctuations, less liquidity, expropriation, confiscatory taxation, nationalization and exchange control regulations (including currency blockage). Inflation and rapid fluctuations in inflation and interest rates have had, and may continue to have, negative effects on the economy and securities markets of China, Hong Kong and Taiwan. In addition, investments in Taiwan could be adversely affected by its political and economic relationship with China. Certain securities issued by companies located or operating in Greater China, such as China A-shares, are subject to trading restrictions, quota limitations and less market liquidity. Additionally, developing countries, such as those in Greater China, may subject the Fund's investments to a number of tax rules, and the application of many of those rules may be uncertain. Moreover, China has implemented a number of tax reforms in recent years, and may amend or revise its existing tax laws and/or procedures in the future, possibly with retroactive effect. Changes in applicable Chinese tax law could reduce the after-tax profits of the Fund, directly or indirectly, including by reducing the after-tax profits of companies in China in which the Fund invests. Uncertainties in Chinese tax rules could result in unexpected tax liabilities for the Fund.

Investing in other funds risk: The Fund's investment performance is affected by the investment performance of the underlying funds in which the Fund may invest. Through its investment in the underlying funds, the Fund is subject to the risks of the underlying funds' investments and their expenses.

Risk Lose Money [Text] rr_RiskLoseMoney You may lose money by investing in the Fund.

Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus The Fund is a non-diversified investment company, which means that the Fund may invest more of its assets in a smaller number of issuers than a diversified investment company. As a non-diversified fund, the Fund's share price may be more volatile and the Fund has a greater potential to realize losses upon the occurrence of adverse events affecting a particular issuer.

Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution 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.

Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance

Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock
There is no performance information quoted for the Fund as the Fund had not commenced investment operations as of the date of this prospectus.

Performance One Year or Less [Text] rr_PerformanceOneYearOrLess There is no performance information quoted for the Fund as the Fund had not commenced investment operations as of the date of this prospectus.

UBS Emerging Markets Equity Opportunity Fund | CLASS P2

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

Management fees rr_ManagementFeesOverAssets 1.10%

Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none

Other expenses rr_OtherExpensesOverAssets 0.50% ^[1]

Acquired fund fees and expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01% ^[1]

Total annual fund operating expenses rr_ExpensesOverAssets 1.61%

Less management fee waiver/expense reimbursements rr_FeeWaiverOrReimbursementOverAssets 1.10%

Total annual fund operating expenses after management fee waiver/expense reimbursements rr_NetExpensesOverAssets 0.51% ^[2]

Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 52

Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 $ 400

[1] "Other expenses" and "Acquired fund fees and expenses" are based on estimates for the current fiscal year.

[2] The Trust, with respect to the Fund, and UBS Asset Management (Americas) Inc., the Fund's investment advisor ("UBS AM (Americas)" or the "Advisor"), have entered into a written agreement pursuant to which the Advisor has agreed to waive its management fees and administration fees, and to reimburse expenses (excluding expenses incurred through investment in other investment companies, interest, taxes, brokerage commissions and extraordinary expenses) 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 and extraordinary expenses) through the period ending May 31, 2019 do not exceed 0.50%. Pursuant to the expense limitation agreement, the Advisor is entitled to be reimbursed for any expenses it reimburses to the extent such reimbursement can be made during the three years following the date on which such expense reimbursements were made, provided that the reimbursement of the Advisor by the Fund will not cause the Fund to exceed the lesser of any applicable expense limit that is in place for the Fund (i) at the time of the reimbursement, or (ii) at the time of the recoupment. The expense limitation agreement may be terminated by the Fund's Board of Trustees at any time and also will terminate automatically upon the expiration or termination of the Fund's advisory contract with the Advisor. Upon termination of the expense limitation agreement, however, the Advisor's three year recoupment rights will survive.

X

- Definition
This element represents a statement that "Acquired Fund" (as defined) fees and expenses for the current year are based on estimates.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 3
-Subparagraph f
-Clause vi
+ Details

Name: rr_AcquiredFundFeesAndExpensesBasedOnEstimates

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Total Annual Fund Operating Expenses.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection table
-Paragraph 1
-Subparagraph 11
+ Details

Name: rr_AcquiredFundFeesAndExpensesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition
Risk/Return Bar Chart and Table.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 4
-Subsection b
-Paragraph 2
+ Details

Name: rr_BarChartAndPerformanceTableHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Distribution [and/or Service] (12b-1) Fees" include all distribution or other expenses incurred during the most recent fiscal year under a plan adopted pursuant to rule 12b-1 [17 CFR 270.12b-1]. Under an appropriate caption or a subcaption of "Other Expenses," disclose the amount of any distribution or similar expenses deducted from the Fund's assets other than pursuant to a rule 12b-1 plan.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection table
-Paragraph 1
-Subparagraph 9
+ Details

Name: rr_DistributionAndService12b1FeesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition
Heading for Expense Example.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 4
+ Details

Name: rr_ExpenseExampleHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection example
-Paragraph 1
-Subparagraph 1
+ Details

Name: rr_ExpenseExampleNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 4
+ Details

Name: rr_ExpenseExampleYear01

Namespace Prefix: rr_

Data Type: rr:NonNegativeMonetaryType

Balance Type: na

Period Type: duration

X

- Definition
The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection example
-Paragraph 1
-Subparagraph 2
+ Details

Name: rr_ExpenseExampleYear03

Namespace Prefix: rr_

Data Type: rr:NonNegativeMonetaryType

Balance Type: na

Period Type: duration

X

- Definition
Risk/Return Summary Fee Table Includes the following information, in plain English under rule 421(d) under the Securities Act, after Item 2 Fees and expenses of the Fund This table describes the fees and expenses that you may pay if you buy and hold shared of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $[_____] in [name of fund family] funds. Shareholder Fees (fees paid directly from your investment) Example 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 you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be You would pay the following expenses if you did not redeem your shares The Example does not reflect sales charges (loads) on reinvested dividends [and other distributions]. If these sales charges (loads) were included, your costs would be higher. Portfolio Turnover 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. 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 __% of the average value of its whole portfolio. Instructions. A.3.instructions.6 New Funds. For purposes of this Item, a "New Fund" is a Fund that does not include in Form N-1A financial statements reporting operating results or that includes financial statements for the Fund's initial fiscal year reporting operating results for a period of 6 months or less. The following Instructions apply to New Funds.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 1
-Subparagraph d
+ Details

Name: rr_ExpenseHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
This table describes the fees and expenses that you may pay if you buy and hold shared of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $[_____] in [name of fund family] funds. Include the narrative explanations in the order indicated. A Fund may modify the narrative explanations if the explanation contains comparable information to that shown. The narrative explanation regarding sales charge discounts is only required by a Fund that offers such discounts and should specify the minimum level of investment required to qualify for a discount. Modify the narrative explanation to state that Fund shares are sold on a national securities exchange at the end of the time periods indicated, and that brokerage commissions for buying and selling Fund shares through a broker are not reflected.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 1
-Subparagraph b
+ Details

Name: rr_ExpenseNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Total Annual Fund Operating Expenses. If the Fund is a Feeder Fund, reflect the aggregate expenses of the Feeder Fund and the Master Fund in a single fee table using the captions provided. In a footnote to the fee table, state that the table and Example reflect the expenses of both the Feeder and Master Funds. If the prospectus offers more than one Class of a Multiple Class Fund or more than one Feeder Fund that invests in the same Master Fund, provide a separate response for each Class or Feeder Fund. Base the percentages of "Annual Fund Operating Expenses" on amounts incurred during the Fund's most recent fiscal year, but include in expenses amounts that would have been incurred absent expense reimbursement or fee waiver arrangements. If the Fund has changed its fiscal year and, as a result, the most recent fiscal year is less than three months, use the fiscal year prior to the most recent fiscal year as the basis for determining "Annual Fund Operating Expenses."
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 3
-Subparagraph d
+ Details

Name: rr_ExpensesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition
Total Annual Fund Operating Expenses. If there were expense reimbursement or fee waiver arrangements that reduced any Fund operating expenses and will continue to reduce them for no less than one year from the effective date of the Fund's registration statement, a Fund may add two captions to the table one caption showing the amount of the expense reimbursement or fee waiver, and a second caption showing the Fund's net expenses after subtracting the fee reimbursement or expense waiver from the total fund operating expenses. The Fund should place these additional captions directly below the "Total Annual Fund Operating Expenses" caption of the table and should use appropriate descriptive captions, such as "Fee Waiver [and/or Expense Reimbursement]" and "Total Annual Fund Operating Expenses After Fee Waiver [and/or Expense Reimbursement]," respectively. If the Fund provides this disclosure, also disclose the period for which the expense reimbursement or fee waiver arrangement is expected to continue, and briefly describe who can terminate the arrangement and under what circumstances.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection table
-Paragraph 1
-Subparagraph 11
+ Details

Name: rr_FeeWaiverOrReimbursementOverAssets

Namespace Prefix: rr_

Data Type: rr:NonPositivePure4Type

Balance Type: na

Period Type: duration

X

- Definition
This element represents the date of expected termination of any expense reimbursement or fee waiver arrangements that reduce any Fund operating expenses (SEC Form N-1A 2006-09-14 A.3.table.1.11 Total Annual Fund Operating Expenses A.3.instructions.3.e).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 3
-Subparagraph e
+ Details

Name: rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Management Fees include investment advisory fees (including any fees based on the Fund's performance), any other management fees payable to the investment adviser or its affiliates, and administrative fees payable to the investment adviser or its affiliates that are not included as "Other Expenses."
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 3
-Subparagraph a
+ Details

Name: rr_ManagementFeesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition
Maximum Deferred Sales Charge (Load) (as a percentage of ____) A.3.instructions.2.a.i "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). A.3.instructions.2.a.ii If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 2
-Subparagraph a
-Clause i
+ Details

Name: rr_MaximumDeferredSalesChargeOverOfferingPrice

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition
Maximum Deferred Sales Charge (Load) (as a percentage of ____) A.3.instructions.2.a.i "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). A.3.instructions.2.a.ii If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection table
-Paragraph 1
-Subparagraph 1
+ Details

Name: rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition
Total Annual Fund Operating Expenses.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection table
-Paragraph 1
-Subparagraph 11
+ Details

Name: rr_NetExpensesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition
Investment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 2
-Subsection a
+ Details

Name: rr_ObjectiveHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Investment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 2
-Subsection a
+ Details

Name: rr_ObjectivePrimaryTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investment)
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection table
-Paragraph 1
-Subparagraph 7
+ Details

Name: rr_OperatingExpensesCaption

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
This element represents the disclosure for new funds that "Other Expenses" are based on estimated amounts for the current fiscal year.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 6
-Subparagraph a
+ Details

Name: rr_OtherExpensesNewFundBasedOnEstimates

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
"Other Expenses" include all expenses not otherwise disclosed in the table that are deducted from the Fund's assets or charged to all shareholder accounts. The amount of expenses deducted from the Fund's assets are the amounts shown as expenses in the Fund's statement of operations (including increases resulting from complying with paragraph 2(g) of rule 6-07 of Regulation S-X [17 CFR 210.6-07]). "Other Expenses" do not include extraordinary expenses as determined under generally accepted accounting principles (see Accounting Principles Board Opinion No. 30). If extraordinary expenses were incurred that materially affected the Fund's "Other Expenses," disclose in a footnote to the table what "Other Expenses" would have been had the extraordinary expenses been included.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 3
-Subparagraph c
-Clause i
+ Details

Name: rr_OtherExpensesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition
Risk/Return Bar Chart and Table.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 4
-Subsection b
-Paragraph 2
+ Details

Name: rr_PerformanceNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
For a Fund that provides annual total returns for only one calendar year or for a Fund that does not include the bar chart because it does not have annual returns for a full calendar year, modify, as appropriate, the narrative explanation required by stating that the information gives some indication of the risks of an investment in the Fund by comparing the Fund's performance with a broad measure of market performance). Provide a brief explanation of how the information illustrates the variability of the Fund's returns (e.g., by stating that the information provides some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for 1, 5, and 10 years compare with those of a broad measure of market performance). Provide a statement to the effect that the Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 4
-Subsection b
-Paragraph 2
-Subparagraph i

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 4
-Subsection b
-Paragraph 2
-Subparagraph instructions
-Clause 1
-Exhibit b
+ Details

Name: rr_PerformanceOneYearOrLess

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclose the portfolio turnover rate provided in response to Item 14(a) for the most recent fiscal year (or for such shorter period as the Fund has been in operation). Disclose the period for which the information is provided if less than a full fiscal year. A Fund that is a Money Market Fund may omit the portfolio turnover information required by this Item.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
-Paragraph 5
+ Details

Name: rr_PortfolioTurnoverHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclose the portfolio turnover rate provided in response to Item 14(a) for the most recent fiscal year (or for such shorter period as the Fund has been in operation). Disclose the period for which the information is provided if less than a full fiscal year. A Fund that is a Money Market Fund may omit the portfolio turnover information required by this Item.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection example
-Paragraph 3
+ Details

Name: rr_PortfolioTurnoverTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Narrative Risk Disclosure.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 4
-Subsection b
-Paragraph 1
+ Details

Name: rr_RiskHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Summarize the principal risks of investing in the Fund, including the risks to which the Fund's portfolio as a whole is subject and the circumstances reasonably likely to affect adversely the Fund's net asset value, yield, and total return. Unless the Fund is a Money Market Fund, disclose that loss of money is a risk of investing in the Fund. A Fund may, in responding to this Item, describe the types of investors for whom the Fund is intended or the types of investment goals that may be consistent with an investment in the Fund.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 4
-Subsection b
-Paragraph 1
-Subparagraph i
+ Details

Name: rr_RiskLoseMoney

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Narrative Risk Disclosure. A Fund may, in responding to this Item, describe the types of investors for whom the Fund is intended or the types of investment goals that may be consistent with an investment in the Fund.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 4
-Subsection b
-Paragraph 1
-Subparagraph i
-Clause instruction
+ Details

Name: rr_RiskNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
If applicable, state that the Fund is non-diversified, describe the effect of non-diversification (e.g., disclose that, compared with other funds, the Fund may invest a greater percentage of its assets in a particular issuer), and summarize the risks of investing in a non-diversified fund.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 4
-Subsection b
-Paragraph 1
-Subparagraph iv
+ Details

Name: rr_RiskNondiversifiedStatus

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
If the Fund is advised by or sold through an insured depository institution, state that 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. A Money Market Fund that is advised by or sold through an insured depository institution should combine the disclosure required by Items 2(c)(1)(ii) and (iii) in a single statement.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 4
-Subsection b
-Paragraph 1
-Subparagraph iii
+ Details

Name: rr_RiskNotInsuredDepositoryInstitution

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: rr_RiskReturnAbstract

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Risk/Return Summary Investment Objectives/Goals Include the following information, in plain English under rule 421(d) under the Securities Act, in the order and subject matter indicated
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 2
+ Details

Name: rr_RiskReturnHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Shareholder Fees (fees paid directly from your investment).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection table
-Paragraph 1
+ Details

Name: rr_ShareholderFeesCaption

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Principal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 4
-Subsection a
+ Details

Name: rr_StrategyHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Principal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 4
-Subsection a
+ Details

Name: rr_StrategyNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Details

Name: dei_LegalEntityAxis=ck0000886244_S000003134Member

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: rr_ProspectusShareClassAxis=ck0000886244_C000200986Member

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 13 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1

Label Element Value

Risk/Return: rr_RiskReturnAbstract

Prospectus Date rr_ProspectusDate May 25, 2018

X

- Definition
The date of the prospectus.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 1
-Subsection a
-Paragraph 3
+ Details

Name: rr_ProspectusDate

Namespace Prefix: rr_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: rr_RiskReturnAbstract

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 14 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 15 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 17 FilingSummary.xml IDEA: XBRL DOCUMENT 3.8.0.1 html 3 46 1 true 2 0 false 2 false false R1.htm 000001 - Document - Document and Entity Information Sheet http://ubs.com/20180525/role/DocumentAndEntityInformation Document and Entity Information 1 false true R2.htm 020000 - Document - Risk/Return Summary {Unlabeled} - UBS Emerging Markets Equity Opportunity Fund Sheet http://ubs.com/20180525/role/DocumentRiskReturnSummaryUnlabeledUBSEmergingMarketsEquityOpportunityFund Risk/Return Summary- UBS Emerging Markets Equity Opportunity Fund 2 false false R6.htm 020004 - Disclosure - Risk/Return Detail Data {Elements} - UBS Emerging Markets Equity Opportunity Fund Sheet http://ubs.com/20180525/role/DisclosureRiskReturnDetailDataElementsUBSEmergingMarketsEquityOpportunityFund Risk/Return Detail Data- UBS Emerging Markets Equity Opportunity Fund 3 false false R7.htm 040000 - Disclosure - Risk/Return Detail Data {Elements} Sheet http://xbrl.sec.gov/rr/role/RiskReturnDetailData Risk/Return Detail Data 4 false false All Reports Book All Reports ck0000886244-20180525.xml ck0000886244-20180525.xsd ck0000886244-20180525_cal.xml ck0000886244-20180525_def.xml ck0000886244-20180525_lab.xml ck0000886244-20180525_pre.xml http://xbrl.sec.gov/dei/2012-01-31 http://xbrl.sec.gov/rr/2012-01-31 true true ZIP 19 0001104659-18-040382-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001104659-18-040382-xbrl.zip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

Label	Element	Value
Risk/Return:	rr_RiskReturnAbstract
Prospectus Date	rr_ProspectusDate	May 25, 2018