0001104659-23-041458.txt : 20230404 0001104659-23-041458.hdr.sgml : 20230404 20230404153451 ACCESSION NUMBER: 0001104659-23-041458 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20230404 DATE AS OF CHANGE: 20230404 EFFECTIVENESS DATE: 20230404 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UBS FUNDS CENTRAL INDEX KEY: 0000886244 IRS NUMBER: 367056204 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-47287 FILM NUMBER: 23796962 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 S000003135 UBS DYNAMIC ALPHA FUND C000008503 CLASS A BNAAX C000008506 CLASS P BNAYX 497 1 a23-11242_1497.htm 497

The UBS Funds

Prospectus Supplement | April 4, 2023

Includes:

•  UBS Dynamic Alpha Fund

Dear Investor,

The purpose of this supplement is to update the information in the Prospectus, dated October 28, 2022, as supplemented, for UBS Dynamic Alpha Fund (the "Fund"), a series of The UBS Funds, as follows:

Effective April 1, 2023, Alan Zlatar no longer serves as a portfolio manager for the Fund, and Thomas Oesch is added as a portfolio manager for the Fund.

Therefore, the information under the heading "UBS Dynamic Alpha Fund-Fund Summary" and the sub-heading "Portfolio managers" of the Prospectus is deleted in its entirety and replaced by the following:

• Benjamin Suess, portfolio manager of the Fund since 2021.

• Thomas Oesch, portfolio manager of the Fund since April 2023.

Additionally, the information under the heading "More information about the funds" and the sub-headings "Management—Portfolio management—UBS Dynamic Alpha Fund" of the Prospectus is deleted in its entirety and replaced by the following:

UBS Dynamic Alpha Fund

Benjamin Suess and Thomas Oesch are the portfolio managers for UBS Dynamic Alpha Fund. As portfolio managers, Messrs. Suess and Oesch have responsibility for allocating the portfolio among the various asset classes and reviewing the overall composition of the portfolio to ensure its compliance with its stated investment objective. The team members have access to additional portfolio managers and analysts within the various asset classes and markets in which the Fund invests, which aids in research and idea generation. Messrs. Suess and Oesch also have access to certain members of the fixed income and equities investment management teams, each of whom may be at certain times (at the discretion of the lead portfolio managers) allocated a specified portion of the portfolio over which he or she has independent responsibility for research, security selection and portfolio construction. Information about Messrs. Suess and Oesch is provided below.

Benjamin Suess is an Asset Allocation Strategist and member of the Asset Allocation group, and an Executive Director at UBS Asset Management. Mr. Suess joined UBS Asset Management in 2010 and has been a portfolio manager of the Fund since 2021.

Thomas Oesch, CFA, is a portfolio manager in the Investment Solutions team and an Executive Director at UBS Asset Management. Mr. Oesch has been at UBS Asset Management since 2006. Mr. Oesch has been a portfolio manager of the Fund since April 2023.

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

ZS-1218


The UBS Funds

Supplement to the Statement of Additional Information | April 4, 2023

Includes:

•  UBS Dynamic Alpha Fund

Dear Investor,

The purpose of this supplement is to update the Statement of Additional Information ("SAI"), dated October 28, 2022, as supplemented, for UBS Dynamic Alpha Fund (the "Fund"), a series of The UBS Funds, as follows:

Effective April 1, 2023, Alan Zlatar no longer serves as a portfolio manager for the Fund, and Thomas Oesch is added as a portfolio manager for the Fund.

Therefore, in the SAI under the heading "Investment advisory, principal underwriting and other service arrangements" and the sub-heading "Portfolio managers," the information regarding other accounts managed for Thomas Oesch and Alan Zlatar is deleted in its entirety and replaced with the following:

    Registered
investment companies
  Other pooled
investment vehicles
 

Other accounts

 
Portfolio manager
(Funds managed)
 

Number

  Assets
managed
(in millions)
 

Number

  Assets
managed
(in millions)
 

Number

  Assets
managed
(in millions)
 
Thomas Oesch*
(UBS Global Allocation Fund and
UBS Dynamic Alpha Fund)
   

   

$

     

4

   

$

752

     

8

   

$

184

   

  *  Mr. Oesch became a portfolio manager of UBS Dynamic Alpha Fund on April 1, 2023. Information for Mr. Oesch is as of February 28, 2023.

In addition, in the SAI under the heading "Investment advisory, principal underwriting and other service arrangements" and the sub-heading "Portfolio managers" the information regarding shares owned for Alan Zlatar is deleted in its entirety and replaced with the following:

Portfolio manager/Fund

 

Range of shares owned

 
Thomas Oesch
(UBS Dynamic Alpha Fund)
 

None

 

Mr. Oesch became a portfolio manager of UBS Dynamic Alpha Fund on April 1, 2023. Information for Mr. Oesch is as of February 28, 2023.

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

ZS-1219


GRAPHIC 2 j23112421_ba001.jpg GRAPHIC begin 644 j23112421_ba001.jpg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end GRAPHIC 3 j23112422_ba001.jpg GRAPHIC begin 644 j23112422_ba001.jpg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end