UBS AG
P.O. Box, CH-4002 Basel
Tel. +41-61-288 20 20
www.ubs.com
14 August 2015
Merger of UBS (Lux) Equity Fund – Small & Mid Caps Japan (JPY) into
UBS (Lux) Equity Fund – Japan (JPY)
Dear Client,
You hold units of UBS (Lux) Equity Fund – Small & Mid Caps Japan (JPY) in your custody account.
We are writing to inform you that your fund will be merged into UBS (Lux) Equity Fund – Japan (JPY)
with effect from 22 September 2015. This decision has been taken in response to the lack of demand
for UBS (Lux) Equity Fund – Small & Mid Caps Japan (JPY).
Overview of the changes
Until Tuesday, 22 September 2015
From Wednesday, 23 September 2015
UBS (Lux) Equity Fund – Small & Mid Caps Japan (JPY) P-acc
UBS (Lux) Equity Fund – Japan (JPY) P-acc
Securities no. 255787 / ISIN LU0049845281
Securities no. 828785 / ISIN LU0098994485
Management fee p.a.: 1.44%
Management fee p.a.: 1.20%
Total Expense Ratio p.a. (TER): 1.84% (30.11.2014)
Total Expense Ratio p.a. (TER): 1.55% (30.11.2014)
Both your current investment and UBS (Lux) Equity Fund – Japan (JPY) invest in stocks issued by
selected Japanese companies and are diversified across a variety of sectors. Unlike your current
investment, however, UBS (Lux) Equity Fund – Japan (JPY) is not limited to stocks issued by smaller
and medium-sized enterprises. The fund primarily invests in equities of large cap companies.
At 1.20%, the annual management fee of UBS (Lux) Equity Fund – Japan (JPY) is lower than the
1.44% charged for your current investment.
Please find enclosed the fact sheet and the key investor information document (KIID), in which you will
find important information about UBS (Lux) Equity Fund – Japan (JPY).
If you feel that the solution presented in this document is in line with your investment requirements
then you do not need to take any action. The units of UBS (Lux) Equity Fund – Small & Mid Caps
Japan (JPY) you currently hold will be automatically replaced by units of UBS (Lux) Equity Fund –
Japan (JPY) on 22 September 2015. The Swiss stamp duty payable in connection with the merger of
these two funds will be borne by UBS. New subscriptions to your current fund have already been
discontinued.
Please contact your client advisor if you would like to reconsider whether this new investment is still in
line with your requirements and risk tolerance and capacity. You have the possibility to redeem your
units of UBS (Lux) Equity Fund – Small & Mid Caps Japan (JPY) until Monday, 14 September 2015 at
1:00 p.m. As usual, no redemption fee will be charged. If you wish to choose another UBS fund or
another investment solution, please do not hesitate to contact your client advisor.
Following the merger of funds mentioned above, if UBS (Lux) Equity Fund – Small & Mid Caps Japan
(JPY) is included in the investment instructions for the UBS Investment Fund Account, it was
automatically replaced by UBS (Lux) Equity Fund – Japan (JPY) as at 13 August 2015. Amounts
credited to the UBS Investment Fund Account on 13 August 2015 and thereafter will be invested in
accordance with the amended instructions. If you do not agree to this change, please contact your
client advisor within 30 days.
We look forward to continuing to count you amongst our investment fund clients in the future.
Yours faithfully,
UBS AG
This letter is valid without signature.
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