0001104659-21-090141.txt : 20210708 0001104659-21-090141.hdr.sgml : 20210708 20210708143346 ACCESSION NUMBER: 0001104659-21-090141 CONFORMED SUBMISSION TYPE: 497K PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20210708 DATE AS OF CHANGE: 20210708 EFFECTIVENESS DATE: 20210708 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: 497K SEC ACT: 1933 Act SEC FILE NUMBER: 033-47287 FILM NUMBER: 211079954 BUSINESS ADDRESS: STREET 1: C/O UBS ASSET MANAGEMENT (AMERICAS) INC STREET 2: ONE NORTH WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-525-7100 MAIL ADDRESS: STREET 1: C/O UBS ASSET MANAGEMENT (AMERICAS) INC STREET 2: ONE NORTH WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: BRINSON FUNDS INC DATE OF NAME CHANGE: 19920929

0000886244 S000002979 UBS GLOBAL ALLOCATION FUND

C000008182 CLASS A BNGLX

C000008185 CLASS P BPGLX

497K 1 a21-21400_2497k.htm 497K

The UBS Funds

Summary Prospectus Supplement | July 8, 2021

Includes:

• UBS Global Allocation Fund

Dear Investor,

The purpose of this supplement is to update the Summary Prospectus with respect to UBS Global Allocation Fund, a series of The UBS Funds, as follows:

Effective June 23, 2021, Paul Lang no longer serves as a portfolio manager for UBS Global Allocation Fund, and Evan Brown is added as a portfolio manager to UBS Global Allocation Fund.

Therefore, the bullets under the heading "UBS Global Allocation Fund" and the sub-heading "Portfolio managers" are deleted in their entirety and replaced with the following:

• Nicole Goldberger, portfolio manager of the Fund since 2020.

• Gian Plebani, portfolio manager of the Fund since 2017.

• Evan Brown, portfolio manager of the Fund since June 2021.

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

ZS-1110

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