# UBS (Lux) Fd. Sol. - Bloomberg MSCI Euro Ar. Liq. Corp. Sust. (CBSE) **Source:** https://fundology.uk/fund/cbse · ISIN LU1484799769 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 01/10/2026, CBSE (UBS (Lux) Fd. Sol. - Bloomberg MSCI Euro Ar. Liq. Corp. Sust., ISIN LU1484799769) closed at £10.68 on the London Stock Exchange. Its ongoing charge is 0.13% a year (about £13 on £10,000). Over the five years to 01/10/2026 its total return was −4.8%, or −25.6% after UK CPIH inflation. ## Summary UBS (Lux) Fd. Sol. - Bloomberg MSCI Euro Ar. Liq. Corp. Sust. is an exchange-traded fund (ETF) from UBS, launched in 2017. It tracks the Bloomberg MSCI Euro Area Liquid Corporates Sustainable Index - EUR - Benchmark TR Gross. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.13% a year — about £13 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. Latest close: **£10.68** (01/10/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | CBSE | | ISIN | LU1484799769 | | Category | Corporate & other bonds | | Type | ETF | | Provider | UBS | | Tracks | Bloomberg MSCI Euro Area Liquid Corporates Sustainable Index - EUR - Benchmark TR Gross | | Income | Distributing | | Ongoing charge | 0.13% a year (£13 per £10,000) | | Fund size | £426m | | Launched | 2017 | | Domicile | Luxembourg | ## Past returns (periods to 01/10/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -3.53% | -6.55% | income reinvested | | 3 years | +11.57% | +0.68% | income reinvested | | 5 years | -4.81% | -25.59% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of UBS (Lux) Fd. Sol. - Bloomberg MSCI Euro Ar. Liq. Corp. Sust. in pounds (price only, income paid out not included): 2022 −11.4%, 2023 +4.0%, 2024 −3.5%, 2025 +4.6%; 2026 to 01/10/2026 −7.0%. Returns of UBS (Lux) Fd. Sol. - Bloomberg MSCI Euro Ar. Liq. Corp. Sust. in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −6.4%; to 30/09/2025: +4.5%; to 30/09/2024: +2.7%; to 30/09/2023: +0.2%; to 30/09/2022: −15.8%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -11.4% | -18.9% | Price | | 2023 | +4.0% | -0.2% | Price | | 2024 | -3.5% | -6.7% | Price | | 2025 | +4.6% | +1.0% | Price | | 2026 to 01/10/2026 | -7.0% | -9.6% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.23% | -8.23% | | 3 years | 5.19% | -8.23% | | 5 years | 6.35% | -18.23% | ## Largest fall Volatility of UBS (Lux) Fd. Sol. - Bloomberg MSCI Euro Ar. Liq. Corp. Sust. in pounds, annualised from weekly returns to 01/10/2026: 5.2% over 1 year, 5.2% over 3 years, 6.3% over 5 years. Largest fall in the price of UBS (Lux) Fd. Sol. - Bloomberg MSCI Euro Ar. Liq. Corp. Sust. since October 2021, in pounds: −18.2% from 05/11/2021 to 14/10/2022. The lowest 12-month return of UBS (Lux) Fd. Sol. - Bloomberg MSCI Euro Ar. Liq. Corp. Sust. in pounds (price only, income paid out not included) since January 2021 was −16.5% (12 months to 14/10/2022); the highest was +6.1% (12 months to 27/02/2026). On 01/10/2026 the price of UBS (Lux) Fd. Sol. - Bloomberg MSCI Euro Ar. Liq. Corp. Sust. was 15.8% below its highest weekly close since October 2021 (05/11/2021), in pounds. ## Charges compared with similar funds Ongoing charge of UBS (Lux) Fd. Sol. - Bloomberg MSCI Euro Ar. Liq. Corp. Sust. 0.13% a year, as of 02/10/2026: 320 of the 392 other corporate and other bond funds charge more, 4 the same and 68 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.13%** per year - ISA eligible: yes - SIPP eligible: yes ## Questions people ask **What is the ongoing charge of CBSE?** The ongoing charge of CBSE is 0.13% a year — about £13 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of UBS (Lux) Fd. Sol. - Bloomberg MSCI Euro Ar. Liq. Corp. Sust. 0.13% a year, as of 02/10/2026: 320 of the 392 other corporate and other bond funds charge more, 4 the same and 68 less (share classes counted once). **What does CBSE track?** CBSE tracks the Bloomberg MSCI Euro Area Liquid Corporates Sustainable Index - EUR - Benchmark TR Gross. **Is CBSE accumulating or distributing?** CBSE is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual. **What is the ISIN of CBSE?** The ISIN of CBSE is LU1484799769. An ISIN identifies one exact share class of a fund; CBSE is its ticker on the London Stock Exchange. **What were CBSE’s returns in each of the last five years?** Calendar-year returns of CBSE in pounds (price only, income paid out not included): 2022 −11.4%, 2023 +4.0%, 2024 −3.5%, 2025 +4.6%; 2026 to 01/10/2026 −7.0%. Past performance is not a guide to future returns. **How has CBSE done after inflation?** Over the five years to 01/10/2026 CBSE’s total return was −4.8%, or −25.6% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.