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The UBS Funds | Prospectus Supplement |
The UBS Funds
UBS Multi-Asset Income Fund
Prospectus Supplement
August 10, 2012
Dear Investor,
The purpose of this supplement is to update the Prospectus of the UBS Multi-Asset Income Fund series of The UBS Funds dated April 17, 2012, as follows:
The second paragraph under the heading “Class C shares” in the section entitled “Managing your fund account” on page 15 of the Prospectus is deleted in its entirety and replaced by the following:
Class C shares also have a contingent deferred sales charge of 0.75 %, applicable if you sell your shares within one year of the date you purchased them. We calculate the deferred sales charge on sales of Class C shares by multiplying 0.75% by the lesser of the net asset value of the Class C shares at the time of purchase or the net asset value at the time of sale.
PLEASE BE SURE TO RETAIN THIS IMPORTANT INFORMATION FOR FUTURE REFERENCE.
ZS-576