# UBS (Lux) Fund Solutions - UBS BBG TIPS 10+ UCITS ETF Adis- Distribution (UBTL) **Page:** https://fundology.uk/fund/ubtl · ISIN LU1459802754 ## 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, UBTL (UBS (Lux) Fund Solutions - UBS BBG TIPS 10+ UCITS ETF Adis- Distribution, ISIN LU1459802754) closed at £6.45 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the five years to 13/11/2026 its total return was −35.0%, or −49.3% after UK CPIH inflation. ## Summary UBS (Lux) Fund Solutions - UBS BBG TIPS 10+ UCITS ETF Adis- Distribution is an exchange-traded fund (ETF) from UBS, launched in 2016. It tracks the Bloomberg US Government 10+ Year Inflation-Linked Bond Index - USD - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.1% a year — about £10 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: **£6.45** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | UBTL | | ISIN | LU1459802754 | | Also listed as | UIMB (Xetra, euros) | | Category | Government bonds | | Type | ETF | | Provider | UBS | | Tracks | Bloomberg US Government 10+ Year Inflation-Linked Bond Index - USD - Benchmark TR Net | | Income | Distributing | | Ongoing charge | 0.10% a year (£10 per £10,000) | | Fund size | £94.1m | | Launched | 2016 | | Domicile | Luxembourg | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 30/09/2016 | ## 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 | -15.77% | -18.76% | price only | | 3 years | -6.73% | -15.74% | income reinvested | | 5 years | -35.00% | -49.26% | income reinvested | Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of UBS (Lux) Fund Solutions - UBS BBG TIPS 10+ UCITS ETF Adis- Distribution in pounds (price only, income paid out not included): 2022 −28.9%, 2023 −10.8%, 2024 −8.0%, 2025 −9.0%; 2026 to 13/11/2026 −11.7%. Returns of UBS (Lux) Fund Solutions - UBS BBG TIPS 10+ UCITS ETF Adis- Distribution in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −15.3%; to 30/09/2025: −9.4%; to 30/09/2024: −1.5%; to 30/09/2023: −17.9%; to 30/09/2022: −21.2%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -28.9% | -34.9% | Price | | 2023 | -10.8% | -14.4% | Price | | 2024 | -8.0% | -11.1% | Price | | 2025 | -9.0% | -12.1% | Price | | 2026 to 13/11/2026 | -11.7% | -14.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 10.18% | -17.29% | | 3 years | 12.21% | -28.53% | | 5 years | 15.18% | -55.35% | ## Largest fall Volatility of UBS (Lux) Fund Solutions - UBS BBG TIPS 10+ UCITS ETF Adis- Distribution in pounds, annualised from weekly returns to 13/11/2026: 10.2% over 1 year, 12.2% over 3 years, 15.2% over 5 years. Largest fall in the price of UBS (Lux) Fund Solutions - UBS BBG TIPS 10+ UCITS ETF Adis- Distribution since November 2021, in pounds: −55.4% from 03/12/2021 to 02/10/2026. The lowest 12-month return of UBS (Lux) Fund Solutions - UBS BBG TIPS 10+ UCITS ETF Adis- Distribution in pounds (price only, income paid out not included) since January 2021 was −29.7% (12 months to 18/11/2022); the highest was +16.5% (12 months to 11/03/2022). On 13/11/2026 the price of UBS (Lux) Fund Solutions - UBS BBG TIPS 10+ UCITS ETF Adis- Distribution was 54.5% below its highest weekly close since November 2021 (03/12/2021), in pounds. ## Charges compared with similar funds Ongoing charge of UBS (Lux) Fund Solutions - UBS BBG TIPS 10+ UCITS ETF Adis- Distribution 0.10% a year. Compared on 14/11/2026, 184 of the 311 other government bond funds charge more, 39 the same and 88 less (share classes counted once). ## Funds tracking the same index 2 funds track Bloomberg US Government 10+ Year Inflation-Linked Bond Index - USD - Benchmark TR Net, this one included and share classes counted once (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | UBS (Lux) Fund Solutions - UBS BBG TIPS 10+ UCITS ETF Adis- Distribution (this fund) | 0.10% | — | -6.7% | -35.0% | | UBS BBG TIPS 10+ UCITS ETF -A-acc- Capitalisation | — | -5.0% | — | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.10%** per year (as of 13/11/2026) - 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 UBTL?** The ongoing charge of UBTL is 0.10% a year — about £10 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 - UBS BBG TIPS 10+ UCITS ETF Adis- Distribution 0.10% a year. Compared on 14/11/2026, 184 of the 311 other government bond funds charge more, 39 the same and 88 less (share classes counted once). **What does UBTL track?** UBTL tracks the Bloomberg US Government 10+ Year Inflation-Linked Bond Index - USD - Benchmark TR Net. **Is UBTL accumulating or distributing?** UBTL 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 UBTL?** The ISIN of UBTL is LU1459802754. An ISIN identifies one exact share class of a fund; UBTL is its ticker on the London Stock Exchange. The same share class is also listed as UIMB (Xetra, euros). **What were UBTL’s returns in each of the last five years?** Calendar-year returns of UBTL in pounds (price only, income paid out not included): 2022 −28.9%, 2023 −10.8%, 2024 −8.0%, 2025 −9.0%; 2026 to 13/11/2026 −11.7%. Past performance is not a guide to future returns. **How has UBTL done after inflation?** Over the five years to 13/11/2026 UBTL’s total return was −35.0%, or −49.3% 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.