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UBS S&P 500 Index Class C - Income (GBP)

Sell:188.32p Buy:188.32p Change: 0.08p (0.04%)
Prices as at 28 August 2025
Sell:188.32p
Buy:188.32p
Change: 0.08p (0.04%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Invest now
Prices as at 28 August 2025
Sell:188.32p
Buy:188.32p
Change: 0.08p (0.04%)
Prices as at 28 August 2025
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Invest now
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Our view on this Fund

This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. This is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

This fund offers a low-cost solution for tracking the S&P 500 Index. This index is widely regarded as the best measure of the performance of large US companies. It’s an area where few active fund managers consistently perform better than the broader US stock market, so we think a tracker fund is a great way of investing in larger US companies and keeping costs down. The fund doesn’t feature on our Wealth Shortlist because there are cheaper US tracker funds available managed by teams that we rate highly.

Our view on the sector

UK investors need little introduction to America. It's the world's biggest stock market and is home to world-leading companies in almost every industry there is, from media and film, through to manufacturing and transportation. We think most diversified portfolios should have some exposure to the US market. But it's one of the most heavily researched in the world so share prices of well-known companies can react quickly to new information. We think this can make it more difficult for fund managers to find opportunities missed by others and to consistently perform better than the broader market over the long term. Many funds investing in the US aim to grow the value of your original investment, rather than pay a high level of income. Some focus on the largest companies in the market. Others look for opportunities amongst small and medium-sized companies, which may offer greater growth potential, but are higher risk.

Performance Analysis

Since the fund launched in 2014, it’s tracked the S&P 500 Index well . As expected from an index tracker fund, it’s fallen behind the benchmark over the long term because of the costs involved in running the fund. However, the tools used by the managers have kept performance close to the index.

Investment Philosophy

Tracker funds are one of the simplest ways to invest. They aim to match the performance of an index, rather than beat it. They usually do this by investing in every company in the index. This means they don't need analysts to research individual companies, which keeps costs to a minimum. If the fund's costs are low it's likely to track the index more closely.

Process and Portfolio Construction

The fund invests in all the companies in the index and in the same proportion. This is known as full replication and helps the fund track the index closely. In any index tracker fund, factors like withholding taxes, dealing commissions and spreads, and the cost of running the fund all drag on performance. The team try to keep turnover in the fund, the frequency at which shares are bought and sold, as low as they can to minimise some of these costs. UBS don’t lend any of the investments in their index funds like some other companies do.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

28/08/20 to 28/08/21 28/08/21 to 28/08/22 28/08/22 to 28/08/23 28/08/23 to 28/08/24 28/08/24 to 28/08/25
Annual return 26.19% 6.14% 3.43% 21.99% 14.95%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

Information about the fund

Fund manager biography

Manager Name: Kaushik Patel
Manager start date: 24 July 2017
Manager located in: London

Kaushik Patel is a Portfolio Manager within the Indexing team, responsible for the day-to-day management of a number of passive equity portfolios. Kaushik joined UBS Asset Management in 2006. Prior to this he was a quantitative portfolio manager within the international equity team at JP Morgan Asset Management, where he was responsible for portfolio construction and stock selection. Kaushik is a Regular Member of the CFA Society of the UK and the CFA Institute.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Invest now