UBS UK Equity Income C Acc

The UBS UK Equity Income Fund (the "Fund") aims to generate income and grow the value of your investment; and outperform the FTSE All-Share Index the "Benchmark") after charges over the medium to long term (3 to 5 years). At least 80% of the Fund will be invested in shares of UK companies or non UK companies which are listed in the UK or which have significant trading activities in the UK. The Fund may also invest in other equities, bonds, warrants, money market instruments, deposits, currencies, cash and near cash and other funds, which may be managed by UBS. The Fund may use derivatives (financial instruments whose value is linked to an underlying asset or index) for investment purposes or efficient portfolio management. The Fund is actively managed, the strategy is to invest in equities believed to be undervalued by the market. Investors can buy or sell shares every UK working day. The income in respect of an accumulation share class is not distributed but is retained in the Fund and reflected in the share price. This Fund may not be appropriate for investors who plan to withdraw their money within 5 years of investment.