UBS Global Allocation Trust announces second quarter distribution

    TORONTO, June 22 /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 June
30, 2009, to all unitholders of record as of June 30, 2009. It is in
accordance with the annual 5% stated distribution as indicated in the
prospectus dated February 26, 2004.
    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 one of the world's leading asset managers,
providing traditional, alternative, real estate, infrastructure and private
equity investment management solutions to private clients, financial
intermediaries and institutional investors worldwide. Invested assets totalled
some CAD$638 billion at 31 March 2009, making the firm one of the largest
global institutional asset managers, a leading fund house in Europe and the
largest mutual fund manager in Switzerland.
    With around 3,700 employees, located in 26 countries, we are a truly
global firm. Headquartered in London, our other main offices are in Chicago,
Frankfurt, Hartford, Hong Kong, New York, Paris, Rio de Janeiro, Sydney,
Tokyo, Toronto and Zurich.

    Would you like to receive this information electronically?
    Please contact UBS Global Allocation Trust at

For further information:

For further information: UBS Global Asset Management (Canada) Inc.
Unitholder Relations, 1-866-827-9300,; For all media
inquiries, please contact Graeme Harris at (416) 345-7050

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