TORONTO, Dec. 16, 2013 /CNW/ - UBS Global Allocation Trust (TSX: GAT.UN), an investment trust trading on The Toronto Stock Exchange, today
announced that it will make a quarterly distribution of CDN$0.125 per
unit, payable on December 31, 2013 to all unitholders of record as of
December 31, 2013. It is in accordance with the annual 5% stated
distribution as indicated in the prospectus dated February 26, 2004.
On November 27, 2013, the manager of UBS Global Allocation Trust, UBS
Global Asset Management (Canada) Inc. announced its intention to
convert the UBS Global Allocation Trust into an 81-102 mutual fund and
delist the fund from the Toronto Stock Exchange. There will be a
meeting of unitholders on January 8, 2014. More details of this
transaction can be found in the circular which was mailed out to
unitholders on December 13, 2013 or on SEDAR.
The investment strategies of UBS Global Allocation Trust are: (i) active
global asset allocation across seven asset classes of global stocks and
bonds; (ii) active security selection, based on a price/intrinsic value
methodology; and (iii) an active global currency overlay.
UBS Global Asset Management is a large scale asset manager with well
diversified businesses across regions, capabilities and distribution
channels. It offers investment capabilities and investment styles
across all major traditional and alternative asset classes. These
include equity, fixed income, currency, hedge fund, real estate and
infrastructure investment capabilities that can also be combined in
multi-asset strategies. The fund services unit provides professional
services including legal fund set-up, accounting and reporting for
traditional investment funds and alternative funds.
Invested assets totalled some CAD 652 billion at 30 June 2013. The firm
is a leading fund house in Europe, the largest mutual fund manager in
Switzerland and one of the largest fund of hedge funds and real estate
investment managers in the world.
With around 3,500 employees, located in 24 countries, we are a truly
global firm. Our main offices are in London, Chicago, Frankfurt,
Hartford, Hong Kong, New York, Paris, Sydney, Tokyo, Toronto and
SOURCE: UBS Global Allocation Trust
For further information:
UBS Global Asset Management (Canada) Inc. Unitholder Relations
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