0001104659-13-028676.txt : 20130411 0001104659-13-028676.hdr.sgml : 20130411 20130411154216 ACCESSION NUMBER: 0001104659-13-028676 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 8 FILED AS OF DATE: 20130411 DATE AS OF CHANGE: 20130411 EFFECTIVENESS DATE: 20130411 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: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-47287 FILM NUMBER: 13756228 BUSINESS ADDRESS: STREET 1: C/O UBS GLOBAL ASSET MANAGEMENT (AMERICA STREET 2: ONE NORTH WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-525-7100 MAIL ADDRESS: STREET 1: C/O UBS GLOBAL ASSET MANAGEMENT (AMERICA 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 S000003135 UBS DYNAMIC ALPHA FUND C000008503 CLASS A BNAAX C000008505 CLASS C BNACX C000008506 CLASS Y BNAYX 497 1 a13-9158_3497.htm 497

 

Stradley Ronon Stevens & Young, LLP

2005 Market Street, Suite 2600

Philadelphia, PA 19103-7018

Telephone 215.564.8000

Fax 215.564.8120

www.stradley.com

 

Direct Dial - (215) 564-8521

 

1933 Act Rule 497(e)

1933 Act File No. 333-47287

1940 Act File No. 811-06637

 

April 11, 2013

 

VIA EDGAR SUBMISSION

 

Filing Desk

U.S. Securities and Exchange Commission

100 F Street, NE

Washington, DC 20549

 

RE:                          UBS Funds (“Registrant”)

File Nos. 333-47287 and 811-06637                    

 

Dear Sir or Madam:

 

Enclosed for filing pursuant to Rule 497(e) under the Securities Act of 1933, as amended (the “1933 Act”), are exhibits containing interactive data format risk/return summary information that reflects the risk/return summary information for the UBS Dynamic Alpha Fund series of the Registrant in the prospectus dated October 29, 2012, as filed pursuant to Rule 497(e) under the 1933 Act on March 28, 2013 (Accession Number: 0001450791-13-000062).

 

Please direct any questions or comments relating to this filing to me at the above-referenced telephone number.

 

 

Very truly yours,

 

 

 

 

 

/s/ J. Stephen Feinour, Jr.

 

J. Stephen Feinour, Jr., Esquire

 


EX-101.INS 2 ck0000886244-20130328.xml XBRL INSTANCE DOCUMENT 0000886244 2013-03-28 2013-03-28 0000886244 ck0000886244:S000003135_1Member ck0000886244:S000003135Member 2013-03-28 2013-03-28 0000886244 ck0000886244:S000003135_1Member ck0000886244:S000003135Member ck0000886244:C000008503Member 2013-03-28 2013-03-28 0000886244 ck0000886244:S000003135_1Member ck0000886244:S000003135Member ck0000886244:C000008505Member 2013-03-28 2013-03-28 0000886244 ck0000886244:S000003135_1Member ck0000886244:S000003135Member ck0000886244:C000008506Member 2013-03-28 2013-03-28 UBS FUNDS 497 false 0000886244 2013-03-28 2013-03-28 2013-03-28 2012-10-29 UBS DYNAMIC ALPHA FUND BNAAX BNACX BNAYX <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">2.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;In connection with the change to the Fund&#8217;s total return goal, effective on April 30, 2013, one of the Fund&#8217;s secondary benchmark indices will be changed from the US Consumer Price Index (CPI) to the Citigroup 1-Month T-Bill Index.</font> </div> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">PLEASE BE SURE TO RETAIN THIS IMPORTANT INFORMATION FOR FUTURE REFERENCE.</font> </div> In connection with the change to the Fund's total return goal, effective on April 30, 2013, one of the Fund's secondary benchmark indices will be changed from the US Consumer Price Index (CPI) to the Citigroup 1-Month T-Bill Index. <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 24pt">The UBS Funds</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font color="dimgray" style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">UBS Dynamic Alpha Fund</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Prospectus Supplement</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">March 28, 2013</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Dear Investor,</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The purpose of this supplement is to update the Prospectus of the UBS Dynamic Alpha Fund series (the &#8220;Fund&#8221;) of The UBS Funds dated October 29, 2012, as supplemented, as follows:</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">1.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Effective on April 30, 2013, the total return goal of the Fund will be changed from the Consumer Price Index plus 5.00% to the Citigroup 1-Month T-Bill Index plus 2% - 4%.</font> </div> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Therefore, the last paragraph under the heading &#8220;Principal strategies&#8221; and the sub-heading &#8220;Management process&#8221; on page 5 of the Prospectus and the sixth paragraph under the heading &#8220;More information about the funds&#8212;UBS Dynamic Alpha Fund&#8221; and the sub-heading &#8220;Principal investment strategies&#8221; on page 22 of the Prospectus are deleted in their entirety and replaced by the following:</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 36pt; MARGIN-RIGHT: 41.8pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">In employing its investment strategies for the Fund, the Advisor attempts to achieve a total rate of return for the Fund that meets or exceeds the Citigroup 1-Month T-Bill Index plus 2% - 4% (net of management fees) over rolling five year time horizons. 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UBS DYNAMIC ALPHA FUND | UBS DYNAMIC ALPHA FUND
UBS DYNAMIC ALPHA FUND
The UBS Funds

UBS Dynamic Alpha Fund

Prospectus Supplement

March 28, 2013

Dear Investor,

The purpose of this supplement is to update the Prospectus of the UBS Dynamic Alpha Fund series (the “Fund”) of The UBS Funds dated October 29, 2012, as supplemented, as follows:

1.           Effective on April 30, 2013, the total return goal of the Fund will be changed from the Consumer Price Index plus 5.00% to the Citigroup 1-Month T-Bill Index plus 2% - 4%.
Therefore, the last paragraph under the heading “Principal strategies” and the sub-heading “Management process” on page 5 of the Prospectus and the sixth paragraph under the heading “More information about the funds—UBS Dynamic Alpha Fund” and the sub-heading “Principal investment strategies” on page 22 of the Prospectus are deleted in their entirety and replaced by the following:

In employing its investment strategies for the Fund, the Advisor attempts to achieve a total rate of return for the Fund that meets or exceeds the Citigroup 1-Month T-Bill Index plus 2% - 4% (net of management fees) over rolling five year time horizons. The Advisor does not represent or guarantee that the Fund will meet this total return goal.
2.           In connection with the change to the Fund’s total return goal, effective on April 30, 2013, one of the Fund’s secondary benchmark indices will be changed from the US Consumer Price Index (CPI) to the Citigroup 1-Month T-Bill Index.
PLEASE BE SURE TO RETAIN THIS IMPORTANT INFORMATION FOR FUTURE REFERENCE.
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UBS DYNAMIC ALPHA FUND | UBS DYNAMIC ALPHA FUND
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ck0000886244_SupplementTextBlock
The UBS Funds

UBS Dynamic Alpha Fund

Prospectus Supplement

March 28, 2013

Dear Investor,

The purpose of this supplement is to update the Prospectus of the UBS Dynamic Alpha Fund series (the “Fund”) of The UBS Funds dated October 29, 2012, as supplemented, as follows:

1.           Effective on April 30, 2013, the total return goal of the Fund will be changed from the Consumer Price Index plus 5.00% to the Citigroup 1-Month T-Bill Index plus 2% - 4%.
Risk/Return [Heading] rr_RiskReturnHeading UBS DYNAMIC ALPHA FUND
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
Therefore, the last paragraph under the heading “Principal strategies” and the sub-heading “Management process” on page 5 of the Prospectus and the sixth paragraph under the heading “More information about the funds—UBS Dynamic Alpha Fund” and the sub-heading “Principal investment strategies” on page 22 of the Prospectus are deleted in their entirety and replaced by the following:

In employing its investment strategies for the Fund, the Advisor attempts to achieve a total rate of return for the Fund that meets or exceeds the Citigroup 1-Month T-Bill Index plus 2% - 4% (net of management fees) over rolling five year time horizons. The Advisor does not represent or guarantee that the Fund will meet this total return goal.
Performance Table Market Index Changed rr_PerformanceTableMarketIndexChanged In connection with the change to the Fund's total return goal, effective on April 30, 2013, one of the Fund's secondary benchmark indices will be changed from the US Consumer Price Index (CPI) to the Citigroup 1-Month T-Bill Index.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock
2.           In connection with the change to the Fund’s total return goal, effective on April 30, 2013, one of the Fund’s secondary benchmark indices will be changed from the US Consumer Price Index (CPI) to the Citigroup 1-Month T-Bill Index.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock
PLEASE BE SURE TO RETAIN THIS IMPORTANT INFORMATION FOR FUTURE REFERENCE.
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Document and Entity Information
0 Months Ended
Mar. 28, 2013
Risk/Return:  
Document Type 497
Document Period End Date Mar. 28, 2013
Registrant Name UBS FUNDS
Central Index Key 0000886244
Amendment Flag false
Document Creation Date Mar. 28, 2013
Document Effective Date Mar. 28, 2013
Prospectus Date Oct. 29, 2012
UBS DYNAMIC ALPHA FUND | UBS DYNAMIC ALPHA FUND | CLASS A
 
Risk/Return:  
Trading Symbol BNAAX
UBS DYNAMIC ALPHA FUND | UBS DYNAMIC ALPHA FUND | CLASS C
 
Risk/Return:  
Trading Symbol BNACX
UBS DYNAMIC ALPHA FUND | UBS DYNAMIC ALPHA FUND | CLASS Y
 
Risk/Return:  
Trading Symbol BNAYX
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Risk/Return: rr_RiskReturnAbstract  
Prospectus Date rr_ProspectusDate Oct. 29, 2012
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