useaf.htm

0001450791-12-000212.txt : 20120921 0001450791-12-000212.hdr.sgml : 20120921 20120921160519 ACCESSION NUMBER: 0001450791-12-000212 CONFORMED SUBMISSION TYPE: 497K PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20120921 DATE AS OF CHANGE: 20120921 EFFECTIVENESS DATE: 20120921 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: 121104324 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 S000013001 UBS U.S. Equity Alpha Fund

C000035135 Class A BEAAX

C000035136 Class C BEACX

C000035137 Class Y BEAYX

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The UBS Funds

Summary Prospectus

Supplement

The UBS Funds

Summary Prospectus Supplement

September 21, 2012

Dear Investor,

The purpose of this supplement is to update the Summary Prospectus of the UBS U.S. Equity Alpha Fund series (the “Fund”) of The UBS Funds dated October 28, 2011, as follows:

Effective on September 21, 2012, John Leonard will no longer serve as a portfolio manager for the Fund and Ian McIntosh will we be added as a portfolio manager for the Fund.

Therefore, the reference to Mr. Leonard under the heading “Portfolio managers” in the Summary Prospectus for the Fund is deleted in its entirety and replaced by the following:

·	Ian McIntosh, portfolio manager of the Fund since September 2012.

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

ZS-582

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