BNEQX — UBS U.S. Sustainable Equity Fund
Data updated: 2021-02-22
BNEQX — UBS U.S. Sustainable Equity Fund. United States Multi-Cap / All-Cap Blend / Core Thematic Equity. Holdings, fees, performance and SEC filings.
BNEQX Fund Overview
BNEQX — UBS U.S. Sustainable Equity Fund is a US mutual fund managed by Ubs Funds, categorised as United States Multi-Cap / All-Cap Blend / Core Thematic Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Ubs Funds
- Category: United States Multi-Cap / All-Cap Blend / Core Thematic Equity
- Assets under management: $30.17M
- 1-year return: 22.4%
- Ticker: BNEQX
- SEC CIK: 0000886244
- SEC series ID: S000002978
- Share class ID: C000008178
BNEQX Investment Objective and Strategy
UBS U.S. Sustainable Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Ubs Funds.
Investment objective
The Fund seeks to maximize total return, consisting of capital appreciation and current income.
Principal investment strategy
Principal investments To achieve its investment objective, the Fund invests in, or seeks exposure to companies based on various financial factors and fundamental sustainability factors such as environmental, social and governance performance of such companies. Under normal circumstances, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes, if any) in equity securities of US companies. Investments in equity securities may include, but are not limited to, dividend-paying securities, common stock, preferred stock, shares of investment companies, convertible securities, warrants and rights. The Fund may, but is not required to, use exchange-traded derivative instruments for risk management purposes or as part of the Fund's investment strategies. Generally, derivatives are financial contracts whose value depends upon, or is derived from, the value of an underlying asset, reference rate, index or other market factor and may relate to stocks, bonds, interest rates, credit, currencies or currency exchange rates, commodities and related indexes.
The derivatives in which the Fund may invest include futures and forward currency agreements. These derivatives may be used for risk management purposes to manage or adjust the risk profile of the Fund. Futures on currencies and forward currency agreements may also be used to hedge against a specific currency. In addition, futures on indices may be used for investment (non-hedging) purposes to earn income; to enhance returns; to replace more traditional direct investments; or to obtain exposure to certain markets. The Fund may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies. Management process The Advisor's investment decisions are based upon price/value discrepancies as identified by the Advisor's fundamental valuation process. In selecting securities, the Advisor focuses on, among other things, identifying discrepancies between a security's fundamental value and its market price.
In this context, the fundamental value of a given security is the Advisor's assessment of what a security is worth. The Advisor will select a security whose fundamental value it estimates to be greater than its market value at any given time. For each stock under analysis, the Advisor bases its estimates of value upon economic, industry and company analysis, as well as upon a company's management team, competitive advantage and core competencies. The Advisor then compares its assessment of a security's value against the prevailing market prices, with the aim of constructing a portfolio of stocks with attractive relative price/value characteristics. The Advisor will employ both a positive and negative screening process in selecting securities for the Fund. The positive screening process will identify securities of companies that are fundamentally attractive and that have superior valuation characteristics.
In addition, the positive screening process will also include material, fundamental sustainability factors that the Advisor believes confirm the fundamental investment case and can enhance the ability to make good investment decisions. The sustainability factors are material extra-financial factors that evaluate the environmental, social and governance performance of companies that, along with more traditional financial analytics, identify companies that the Advisor believes will provide sustained, long-term value. The Advisor believes that the sustainability strategy provides the Fund with a high quality portfolio and mitigates risk. The Advisor also applies a negative screening process that will exclude from the Fund's portfolio securities with more than 5% of sales in industries such as alcohol, tobacco, defense, nuclear, GMO (Genetically Modified Organisms), gambling and pornography.
The Advisor may modify this list of negative screens at any time, without prior shareholder approval or notice.
BNEQX Holdings
Top 10 holdings of UBS U.S. Sustainable Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Reynolds Consumer Products Inc | 4.89% |
| Visa Inc | 4.72% |
| Marsh & McLennan Cos Inc | 4.63% |
| Prologis Inc | 4.27% |
| Costco Wholesale Corp | 4.06% |
| UnitedHealth Group Inc | 4.02% |
| Ameriprise Financial Inc | 3.95% |
| Walt Disney Co/The | 3.86% |
| Align Technology Inc | 3.71% |
| Laboratory Corp of America Holdings | 3.59% |
BNEQX Portfolio Allocation
Asset-class allocation of UBS U.S. Sustainable Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.8% |
| Cash & Equivalents | 0.5% |
BNEQX Performance
Total returns for BNEQX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 22.4% |
BNEQX Risk Information
Risk metrics for BNEQX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 34.9%
BNEQX Costs and Fees
BNEQX costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 1.97%
- Portfolio turnover: 177%
- Brokerage commissions: 13.10 bps of average net assets (SEC N-CEN)
BNEQX Cashflows
Over the 12 months to 2020-12, UBS U.S. Sustainable Equity Fund had net outflows of $7.49M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-12 | −$1.27M |
| 2020-11 | $229.86K |
| 2020-10 | −$208.36K |
| 2020-09 | −$860.42K |
| 2020-08 | −$118.70K |
| 2020-07 | −$757.77K |
BNEQX Debt Constituents
No individual debt constituents are reported in UBS U.S. Sustainable Equity Fund's latest SEC N-PORT filing.
BNEQX Prospectus and SEC Filings
Official UBS U.S. Sustainable Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2018-11-20
- Prospectus supplement (497) — filed 2021-02-22
- Prospectus supplement (497) — filed 2019-11-14
- Portfolio holdings (N-PORT) — filed 2021-02-19
- Portfolio holdings (N-PORT) — filed 2020-11-27
- Portfolio holdings (N-PORT) — filed 2020-08-19
- Annual census (N-CEN) — filed 2020-09-11
- Annual census (N-CEN) — filed 2019-09-13
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core Thematic Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.