0001680289-17-000043.txt : 20170301 0001680289-17-000043.hdr.sgml : 20170301 20170301103647 ACCESSION NUMBER: 0001680289-17-000043 CONFORMED SUBMISSION TYPE: 497K PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20170301 DATE AS OF CHANGE: 20170301 EFFECTIVENESS DATE: 20170301 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: 17652016 BUSINESS ADDRESS: STREET 1: C/O UBS ASSET MANAGEMENT (AMERICAS) INC STREET 2: ONE NORTH WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-525-7100 MAIL ADDRESS: STREET 1: C/O UBS ASSET MANAGEMENT (AMERICAS) INC 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 S000002979 UBS GLOBAL ALLOCATION FUND

C000008182 CLASS A BNGLX

C000008184 CLASS C BNPCX

C000008185 CLASS P BPGLX

497K 1 ubsgaf497k03012017.htm

The UBS Funds

Summary Prospectus Supplement

·	UBS Global Allocation Fund

March 1, 2017

Dear Investor,

The purpose of this supplement is to update the Summary Prospectus of the UBS Global Allocation Fund series (the "Fund") of The UBS Funds, dated October 28, 2016, as follows:

Andreas Koester and Jonathan Davies no longer serve as portfolio managers for the Fund. The remaining portfolio manager, Philip Brides, and Gian Plebani will assume portfolio management responsibilities for the Fund.

Therefore, the first and second bullets under the heading "Portfolio managers" are deleted in their entirety and the following is added:

·	Gian Plebani, portfolio manager of the Fund since March 2017.

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

ZS-876

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