# UBS EUR AAA CLO UCITS ETF -H USD- Distribution (CLOU)

**Page:** https://fundology.uk/fund/clou · ISIN LU3028243981

## 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 13/11/2026, CLOU (UBS EUR AAA CLO UCITS ETF -H USD- Distribution, ISIN LU3028243981) closed at $10.36 on the London Stock Exchange. Its ongoing charge is 0.30% a year (about £30 on £10,000). Over the year to 13/11/2026 its total return was +3.8%, or +0.1% after UK CPIH inflation.

## Summary

UBS (Lux) Fund Solutions SICAV - UBS EUR AAA CLO UCITS ETF -H USD- Distribution is an exchange-traded fund (ETF) from UBS, launched in 2025. It tracks the No Underlying Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.3% a year — about £30 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. It is currency-hedged to US dollars, not to the pound: it aims to remove most of the effect of exchange-rate moves against US dollars, so a holder who counts in pounds still has currency risk.

Latest close: **$10.36** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | CLOU |
| ISIN | LU3028243981 |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | UBS |
| Income | Distributing |
| Ongoing charge | 0.30% a year (£30 per £10,000) |
| Fund size | £824k |
| Launched | 2025 |
| Domicile | Luxembourg |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 29/08/2025 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +3.76% | +0.09% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of UBS (Lux) Fund Solutions SICAV - UBS EUR AAA CLO UCITS ETF -H USD- Distribution in pounds (price only, income paid out not included): 2026 to 13/11/2026 +3.2%. Returns of UBS (Lux) Fund Solutions SICAV - UBS EUR AAA CLO UCITS ETF -H USD- Distribution in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +3.7%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2026 to 13/11/2026 | +3.2% | -0.1% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 6.66% | -3.89% |

## Largest fall

Volatility of UBS (Lux) Fund Solutions SICAV - UBS EUR AAA CLO UCITS ETF -H USD- Distribution in pounds, annualised from weekly returns to 13/11/2026: 6.7% over 1 year. Largest fall in the price of UBS (Lux) Fund Solutions SICAV - UBS EUR AAA CLO UCITS ETF -H USD- Distribution since September 2025, in pounds: −3.9% from 21/11/2025 to 30/01/2026. On 13/11/2026 the price of UBS (Lux) Fund Solutions SICAV - UBS EUR AAA CLO UCITS ETF -H USD- Distribution was at its highest weekly close since September 2025, in pounds.

## Charges compared with similar funds

Ongoing charge of UBS (Lux) Fund Solutions SICAV - UBS EUR AAA CLO UCITS ETF -H USD- Distribution 0.30% a year. Compared on 14/11/2026, 140 of the 427 other corporate and other bond funds charge more, 22 the same and 265 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.30%** per year
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## Questions people ask

**What is the ongoing charge of CLOU?**

The ongoing charge of CLOU is 0.30% a year — about £30 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) Fund Solutions SICAV - UBS EUR AAA CLO UCITS ETF -H USD- Distribution 0.30% a year. Compared on 14/11/2026, 140 of the 427 other corporate and other bond funds charge more, 22 the same and 265 less (share classes counted once).

**Is CLOU accumulating or distributing?**

CLOU 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 CLOU?**

The ISIN of CLOU is LU3028243981. An ISIN identifies one exact share class of a fund; CLOU is its ticker on the London Stock Exchange.

**What were CLOU’s returns in each of the last five years?**

Calendar-year returns of CLOU in pounds (price only, income paid out not included): 2026 to 13/11/2026 +3.2%. Past performance is not a guide to future returns.

**How has CLOU done after inflation?**

Over the year to 13/11/2026 CLOU’s total return was +3.8%, or +0.1% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.