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Listing of UBS Actively Managed Certificate linked to the Biggles Worldwide Flexible Portfolio
UBS AG, London Branch
("UBS AG" or the "Company")
(Incorporated and domiciled in Switzerland)
(Registration number: CHE-101.329.561)
Listing of UBS Actively Managed Certificate linked to the Biggles Worldwide
Flexible Portfolio.
The JSE Limited has granted UBS AG approval for the listing of the UBS
Portfolio Note linked to the Biggles Worldwide Flexible Portfolio (the
"Reference Portfolio").
The Reference Portfolio, whose composition may vary from time to time, is
actively managed by the Reference Portfolio Advisor and represents a notional
investment in the Reference Portfolio Components as described in detail
below.
Background:
Portfolio Analytics Consulting (Pty) Limited ("Analytics Consulting")
provides industry leading local and offshore portfolio construction through
tailored investment process, local and offshore securities consulting,
research, analysis and due diligence.
More information about Analytics Consulting can be found at
http://www.analyticsconsulting.co.za. Analytics Consulting is regulated by
the Financial Sector Conduct Authority with license number 18490.
The Biggles Worldwide Flexible AMC is designed to achieve substantial long-
term capital growth, with a target return of SA CPI + 4% over any rolling 7-
year period. Operating under a worldwide flexible mandate, the portfolio
maintains a structural overweight to equities, reflecting our conviction that
long-term gains are most effectively generated through strategic equity
exposure. The benchmark allocation is 70% equities and 30% fixed income,
with equities evenly split between SA and global holdings, and fixed income
allocated as 20% SA and 10% global. Fixed income exposure will be achieved
through investment in local and offshore ETFs.
Investing across SA equities, global equities, and a diverse range of fixed-
income instruments, the portfolio leverages flexibility to adapt to changing
market conditions while remaining anchored in high-quality assets. By
selecting companies and instruments with strong profitability, robust balance
sheets, and reliable earnings growth, the Biggles Worldwide Flexible AMC
balances growth potential with resilient asset allocation across both SA and
global markets.
Investment universe:
UNDERLYING STOCK UNIVERSE: Developed Market (as defined in the most
recent MSCI Global Investable Market
Indexes Methodology) worldwide stocks; and
may also include stocks which are American
Depository Receipts (ADRs) and Global
Depository Receipts (GDRs). Shares listed
on the Main Board of the Johannesburg Stock
Exchange may also be incorporated.
UNDERLYING ETF UNIVERSE: ETFs that are physically replicated,
exposed to Developed Market (as defined in
the most recent MSCI Global Investable
Market Indexes Methodology) worldwide
stocks or benchmark indices as well as ETFs
listed on the Main Board of the
Johannesburg Stock Exchange may be
incorporated as ETF Constituents.
UNDERLYING INDEX UNIVERSE Total Return Index Constituents include
indices that are exposed to Developed
Market (as defined in the most recent MSCI
Global Investable Market Indexes
Methodology) worldwide stocks.
UNDERLYING FX CONSTITUENTS Only FX Forwards exposed to G10 currencies
and ZAR may be incorporated as FX
Constituents in the Reference Portfolio.
UNDERLYING CURRENCY ACCOUNT USD, EUR, and GBP synthetic cash.
Other:
Noteholders should be aware that the Reference Portfolio Advisor is
independent of the Issuer. The performance of the Product is largely
dependent on the skill and decisions made by the Reference Portfolio Advisor.
Decisions made by the Reference Portfolio Advisor may not always be
profitable and therefore may have a material adverse impact on the value of
this Product. Moreover, past performance of other products managed by the
Reference Portfolio Advisor does not guarantee future positive performance
of this Product.
Listing information:
This listing (Series 46) is issued under the Information Memorandum of UBS
AG. Trading will commence on Wednesday, 11 December 2024.
INSTRUMENT NUMBER: 119106
ALPHA CODE: BIGGLS
ISIN: ZAE000342317
ISSUE SIZE (UNITS): 1,000,000
ISSUE PRICE (RAND/UNIT): 100.00
LISTING DATE: 11 December 2024
EXPIRY DATE: 9 December 2031
SECTOR: Specialist Securities
SUB-SECTOR: Actively Managed Certificates
FOREIGN STATUS: The Notes are classified as Foreign for purposes
of the South African Reserve Bank Exchange
Control Regulations.
For further information kindly contact:
UBS KeyInvest South Africa
Tel.: +27 11 322 7129 / 7317
E-mail: keyinvestza@ubs.com
Web: http://keyinvest-za.ubs.com/AMC
Johannesburg
10 December 2024
Sponsor: UBS South Africa (Pty) Limited
Date: 10-12-2024 02:00:00
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