0001450791-12-000002.txt : 20120103 0001450791-12-000002.hdr.sgml : 20120102 20120103161913 ACCESSION NUMBER: 0001450791-12-000002 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20120103 DATE AS OF CHANGE: 20120103 EFFECTIVENESS DATE: 20120103 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: 12502282 BUSINESS ADDRESS: STREET 1: C/O UBS GLOBAL ASSET MANAGEMENT (AMERICA STREET 2: ONE NORTH WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-525-7100 MAIL ADDRESS: STREET 1: C/O UBS GLOBAL ASSET MANAGEMENT (AMERICA 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 S000002977 UBS High Yield Fund C000008174 CLASS A BNHYX C000008175 CLASS B BNHBX C000008176 CLASS C BNHCX C000008177 CLASS Y BIHYX 0000886244 S000002978 UBS U.S. Large Cap Equity Fund C000008178 Class A BNEQX C000008179 CLASS B BNQBX C000008180 CLASS C BNQCX C000008181 CLASS Y BPEQX 0000886244 S000002979 UBS GLOBAL ALLOCATION FUND C000008182 CLASS A BNGLX C000008183 CLASS B BNPBX C000008184 CLASS C BNPCX C000008185 CLASS Y BPGLX 0000886244 S000002980 UBS INTERNATIONAL EQUITY FUND C000008186 CLASS A BNIEX C000008187 CLASS B BNIBX C000008188 CLASS C BNICX C000008189 CLASS Y BNUEX 0000886244 S000002981 UBS CORE PLUS BOND FUND C000008190 CLASS A BNBDX C000008191 CLASS B BNOBX C000008192 CLASS C BNOCX C000008193 CLASS Y BPBDX 0000886244 S000002982 UBS U.S. LARGE CAP VALUE EQUITY FUND C000008194 CLASS A BNVAX C000008195 CLASS B BNVBX C000008196 CLASS C BNVCX C000008197 CLASS Y BUSVX 0000886244 S000002984 UBS GLOBAL BOND FUND C000008202 CLASS A BNGBX C000008203 CLASS B BNDBX C000008204 CLASS C BNDCX C000008205 CLASS Y BPGBX 0000886244 S000002985 UBS U.S. SMALL CAP GROWTH FUND C000008206 CLASS A BNSCX C000008207 CLASS B BNMBX C000008208 CLASS C BNMCX C000008209 CLASS Y BISCX 0000886244 S000003130 UBS U.S. SMALL CAP EQUITY FUND C000008483 CLASS A C000008485 CLASS C C000008486 CLASS Y 0000886244 S000003131 UBS U.S. REAL ESTATE EQUITY FUND C000008487 CLASS A C000008489 CLASS C C000008490 CLASS Y 0000886244 S000003132 UBS GLOBAL EQUITY FUND C000008491 CLASS A BNGEX C000008492 CLASS B BNEBX C000008493 CLASS C BNECX C000008494 CLASS Y BPGEX 0000886244 S000003133 UBS EMERGING MARKETS DEBT FUND C000008495 CLASS A C000008497 CLASS C C000008498 CLASS Y 0000886244 S000003134 UBS EMERGING MARKETS EQUITY FUND C000008499 CLASS A C000008501 CLASS C C000008502 CLASS Y 0000886244 S000003135 UBS DYNAMIC ALPHA FUND C000008503 CLASS A BNAAX C000008504 CLASS B BNABX C000008505 CLASS C BNACX C000008506 CLASS Y BNAYX 0000886244 S000003136 UBS ABSOLUTE RETURN BOND FUND C000008507 CLASS A BNRAX C000008508 CLASS C BNRCX C000008509 CLASS Y BNRYX 0000886244 S000013001 UBS U.S. Equity Alpha Fund C000035135 Class A BEAAX C000035136 Class C BEACX C000035137 Class Y BEAYX 0000886244 S000017860 UBS Global Frontier Fund C000049576 Class A BGFAX C000049577 Class C BGFCX C000049578 Class Y BGFYX 0000886244 S000029392 UBS Market Neutral Multi-Strategy Fund C000090281 CLASS A C000090282 CLASS C C000090283 CLASS Y 0000886244 S000030411 UBS Fixed Income Opportunities Fund C000093446 CLASS A C000093447 CLASS C C000093448 CLASS Y 497 1 rule497.htm rule497.htm
UBS Funds
 
 
January 3, 2012

 
 

 
Supplement to the Statements of Additional
Information


January 3, 2012



Dear Investor,

The purpose of this supplement is to update the statements of additional information (“SAIs”) for the series of shares (“Funds”) of The UBS Funds (the “Trust”) dated October 28, 2011 as follows:

The section entitled “Morgan Stanley Smith Barney LLC., Citigroup Global Markets Inc. (“MSSB”)” under the sub-heading “Additional compensation to financial institution(s)” and the heading “Reduced sales charges, additional purchase, exchange and redemption information and other services” is deleted in its entirety and replaced by the following:


Morgan Stanley Smith Barney LLC., Citigroup Global Markets Inc. (“MSSB”)

With respect to Qualifying Shares, UBS Global AM (US), as per a written agreement between both parties, annually pays MSSB no more than the greater of (i) up to 0.16% (16 basis points) of the average daily value of all Qualifying Shares of the Funds or (ii) a minimum of $250,000.00 per year. Qualifying Shares are defined as those shares of the Funds (i) in MSSB accounts and (ii) where MSSB is designated by purchasers as broker-dealer of record. Qualifying Shares do not include any money market shares, or shares, if any, held in the following programs; taxable and non-taxable fee-based advisory programs offered by MSSB and its affiliates, including Morgan Stanley Retirement Solutions Retirement Plan Programs and Variable Annuities.

With respect to Fee Based Shares, UBS Global AM (US), as per a written agreement between both parties, quarterly pays MSSB at the annual rate of up to 0.12% to 0.28% (12 to 28 basis points) of the average daily value of the Fee Based Shares. Fee Based Shares are defined as those shares of the Funds (i) in MSSB accounts and (ii) where MSSB is designated by purchasers on the Funds’ records as broker-dealer of record and (iii) held in fee-based advisory programs offered by MSSB to taxable accounts but do not include money market shares, or shares, if any, held in certain (but not all) non-taxable fee-based advisory accounts (e.g., those held by pension and profit-sharing plans subject to ERISA, IRAs, public employer pension accounts) and do not include any Qualifying Shares.  Qualifying Shares include both domestic and offshore mutual funds.




PLEASE BE SURE TO RETAIN THIS IMPORTANT INFORMATION WITH YOUR SAI DATED OCTOBER 28, 2011.


Item # ZS-521
 
 
 
 
 
 
 
UBS Funds
 
 
January 3, 2012

 
 

 
Supplement to the Statement of Additional
Information


January 3, 2012



Dear Investor,

The purpose of this supplement is to update the statement of additional information (“SAI”) for the UBS U.S. Equity Opportunity Fund series of shares (the “Fund”) of The UBS Funds (the “Trust”) dated December 30, 2011 as follows:

The section entitled “Morgan Stanley Smith Barney LLC., Citigroup Global Markets Inc. (“MSSB”)” under the sub-heading “Additional compensation to financial institution(s)” and the heading “Reduced sales charges, additional purchase, exchange and redemption information and other services” is deleted in its entirety and replaced by the following:


Morgan Stanley Smith Barney LLC., Citigroup Global Markets Inc. (“MSSB”)

With respect to Qualifying Shares, UBS Global AM (US), as per a written agreement between both parties, annually pays MSSB no more than the greater of (i) up to 0.16% (16 basis points) of the average daily value of all Qualifying Shares of the Fund or (ii) a minimum of $250,000.00 per year. Qualifying Shares are defined as those shares of the Fund (i) in MSSB accounts and (ii) where MSSB is designated by purchasers as broker-dealer of record. Qualifying Shares do not include any money market shares, or shares, if any, held in the following programs; taxable and non-taxable fee-based advisory programs offered by MSSB and its affiliates, including Morgan Stanley Retirement Solutions Retirement Plan Programs and Variable Annuities.

With respect to Fee Based Shares, UBS Global AM (US), as per a written agreement between both parties, quarterly pays MSSB at the annual rate of up to 0.12% to 0.28% (12 to 28 basis points) of the average daily value of the Fee Based Shares. Fee Based Shares are defined as those shares of the Fund (i) in MSSB accounts and (ii) where MSSB is designated by purchasers on the Fund’s records as broker-dealer of record and (iii) held in fee-based advisory programs offered by MSSB to taxable accounts but do not include money market shares, or shares, if any, held in certain (but not all) non-taxable fee-based advisory accounts (e.g., those held by pension and profit-sharing plans subject to ERISA, IRAs, public employer pension accounts) and do not include any Qualifying Shares.  Qualifying Shares include both domestic and offshore mutual funds.




PLEASE BE SURE TO RETAIN THIS IMPORTANT INFORMATION WITH YOUR SAI DATED DECEMBER 30, 2011.


Item # ZS-522
 
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