EX-99.g.1.iii

AMENDMENT

___, 2016

The UBS Funds

One North Wacker Drive

Chicago, IL 60606

RE: AMENDMENT OF EXHIBIT A TO THE GLOBAL CUSTODY AGREEMENT AND FUND SERVICES AGREEMENT EFFECTIVE JUNE 27, 2012 TO REFLECT THE ADDITION OF SERIES, NAME CHANGES TO SERIES AND ELMINATION OF SERIES.

Dear Sirs:

We refer to the Global Custody Agreement and Fund Services Agreement effective June 27, 2012 (the “Agreements”) between JPMorgan Chase Bank, National Association and The UBS Funds.

The parties hereby agree as follows:

1.   “Exhibit A” – List of Funds of The UBS Funds as last amended on October 21, 2014 IS REPLACED in its entirely with “Exhibit A” – List of Funds of The UBS Funds as last amended on ___, 2016 attached hereto.

The Agreements, as amended by this letter amendment, shall continue in full force effect.

Please evidence your acceptance of the terms of this letter by signing below and returning one original to CJ Reed, J.P. Morgan, One Beacon Street, 19th Floor, Boston, MA 02108.

JPMORGAN CHASE BANK, N.A.

by: ________________________

Name: CJ Reed

Title: Executive Director

Accepted and Agreed:

THE UBS FUNDS

by: ________________________

Name:

Title:

Accepted and Agreed:

THE UBS FUNDS

by: ________________________

Name:

Title:

SCHEDULE B1

LIST OF SERIES OF THE UBS FUNDS

AS LAST AMENDED ___, 2016

UBS Core Plus Bond Fund

UBS U.S. Large Cap Equity Fund

UBS U.S. Equity Opportunity Fund

UBS U.S. Small Cap Growth Fund

UBS Global Allocation Fund

UBS International Sustainable Equity Fund

UBS Dynamic Alpha Fund

UBS U.S. Defensive Equity Fund

UBS Asset Growth Fund

UBS Equity Long-Short Multi-Strategy Fund

UBS Fixed Income Opportunities Fund

UBS Emerging Markets Debt Fund

UBS Multi-Asset Income Fund

UBS Municipal Bond Fund

UBS Total Return Bond Fund