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Listing of UBS Actively Managed Certificates linked to the Mergence Global Quant Equity 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 Certificates linked to the Mergence Global
Quant Equity Portfolio.
The JSE Limited has granted UBS AG approval for the listing of UBS Portfolio
Notes (the "Notes") linked to the Mergence Global Quant Equity 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:
Mergence Investment Managers (Pty) Ltd is a leading Cape Town based
institutional asset manager with a strong 18-year track record. Mergence
offers a diverse product range across both public and private markets,
spanning equity, multi-asset funds, infrastructure, debt and private equity
funds. The investment strategy of the Multi-Factor Global Quant Equity
portfolio will focus on systematic quality, value, and momentum styles. More
information about Mergence can be found at https://www.mergence.co.za/.
Mergence is regulated by the Financial Services Conduct Authority with
license number 16134.
Investment universe:
UNDERLYING STOCK UNIVERSE: Developed Market (as defined in the most
recent MSCI Global Investable Market
Indexes Methodology) worldwide stocks.
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 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 may be incorporated as ETF
Constituents.
UNDERLYING SYNTHETIC CURRENCY USD
ACCOUNTS:
Other:
Noteholders should be aware that the Reference Portfolio Advisor is
independent of the Issuer. The performance of the Notes 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 these Notes.
Moreover, past performance of other products managed by the Reference
Portfolio Advisor does not guarantee future positive performance of these
Notes.
Listing information:
This listing (Series 26) is issued under the Information Memorandum of UBS
AG. Trading will commence on Wednesday, 05 April 2023.
INSTRUMENT NUMBER: 108064
ALPHA CODE: MERGE
ISIN: ZAE000320826
ISSUE SIZE (UNITS): 1,000,000
ISSUE PRICE (RAND/UNIT): 100.00
LISTING DATE: 05 April 2023
EXPIRY DATE: 04 April 2028
SECTOR: Specialist Securities
SUB-SECTOR: Actively Managed Certificates
FOREIGN STATUS: 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
04 April 2023
Sponsor: UBS South Africa (Pty) Limited
Date: 04-04-2023 01:08:00
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