ubsfunds497.htm

0001496688-12-000089.txt : 20120507 0001496688-12-000089.hdr.sgml : 20120507 20120507172731 ACCESSION NUMBER: 0001496688-12-000089 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20120507 DATE AS OF CHANGE: 20120507 EFFECTIVENESS DATE: 20120507 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: 12818865 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

C000008176 CLASS C BNHCX

C000008177 CLASS Y BIHYX

0000886244 S000002978 UBS U.S. Large Cap Equity Fund

C000008178 Class A BNEQX

C000008180 CLASS C BNQCX

C000008181 CLASS Y BPEQX

0000886244 S000002979 UBS GLOBAL ALLOCATION FUND

C000008182 CLASS A BNGLX

C000008184 CLASS C BNPCX

C000008185 CLASS Y BPGLX

0000886244 S000002980 UBS INTERNATIONAL EQUITY FUND

C000008186 CLASS A BNIEX

C000008188 CLASS C BNICX

C000008189 CLASS Y BNUEX

0000886244 S000002981 UBS CORE PLUS BOND FUND

C000008190 CLASS A BNBDX

C000008192 CLASS C BNOCX

C000008193 CLASS Y BPBDX

0000886244 S000002984 UBS GLOBAL BOND FUND

C000008202 CLASS A BNGBX

C000008204 CLASS C BNDCX

C000008205 CLASS Y BPGBX

0000886244 S000002985 UBS U.S. SMALL CAP GROWTH FUND

C000008206 CLASS A BNSCX

C000008208 CLASS C BNMCX

C000008209 CLASS Y BISCX

0000886244 S000003132 UBS GLOBAL EQUITY FUND

C000008491 CLASS A BNGEX

C000008493 CLASS C BNECX

C000008494 CLASS Y BPGEX

0000886244 S000003135 UBS DYNAMIC ALPHA FUND

C000008503 CLASS A BNAAX

C000008505 CLASS C BNACX

C000008506 CLASS Y BNAYX

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 ubsfunds497.htm ubsfunds497.htm

The UBS Funds

SAI Supplement

The UBS Funds

Supplement to the Statement of Additional Information

May 7, 2012

Dear Investor,

The purpose of this supplement is to update the Statement of Additional Information of each series of The UBS Funds (the “Trust”) dated October 28, 2011, as follows:

1. The definition of “emerging market country” under the heading “Risks of investing in emerging markets” is deleted in its entirety and replaced with the following:

An emerging market country is a country defined as an emerging or developing economy by any of the World Bank, the International Finance Corporation or the United Nations or its authorities. The countries included in this definition will change over time.

2. References to J.P. Morgan Investors Services Co. and the Multiple Services Agreement between the Trust and J.P. Morgan Chase Bank under the heading “Administrative, accounting and custody services” are deleted in their entirety and replaced with the following:

JPMorgan Chase Bank provides accounting, portfolio valuation and certain administrative services for the Funds under a Fund Services Agreement between the Trust and JPMorgan Chase Bank. JPMorgan Chase Bank is located at One Beacon Street, Boston, Massachusetts 02108.

Custody services. JPMorgan Chase Bank, located at One Beacon Street, Boston, Massachusetts 02108, provides custodian services for the securities and cash of the Funds. JPMorgan Chase Bank utilizes foreign sub-custodians under procedures approved by the Board in accordance with applicable legal requirements.

3. The sentence referencing J.P. Morgan Investors Services Co. under the heading “Arrangements to disclose portfolio holdings to service providers and fiduciaries” is deleted in its entirety and replaced with the following:

JPMorgan Chase Bank, the Funds’ custodian, accounting agent and securities lending agent, receives portfolio holdings information daily on a real-time basis in connection with the custodian, fund accounting, valuation and derivatives collateral management services it provides to the Funds.

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

ZS-555

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