Changes in the investment groups of Credit Suisse Investment Foundation and UBS Investment Foundation

Changes have recently been made in the following investment groups:

Credit Suisse Investment Foundation

  • CSA Mixta-BVG Index 45 I, security number: 11.269.573

The issue commission has been increased from formerly 0.14% to now 0.22%.

This increase was made as a result of the upheavals on the Swiss bond funds market in the wake of the decision to unpeg the EUR exchange rate, the higher bid-ask spreads for Swiss bonds and in the meanwhile illiquid bond market.
The issue commission was increased to protect existing investors.
 

UBS Investment Foundation for employee benefits

The UBS Investment Foundation decided to eliminate most of the I-A0 tranches and to transfer the relevant claims into I-AI tranche claims free of charge. Under the new investment class, investors now benefit from a lower flat fee rate.
Simultaneously with the exchange, the names of the individual investment groups were changed:

Former name
UBS AST BVG-12/25/40 Classic
New name
UBS AST BVG-12/25/40 Aktiv
Former name
UBS AST BVG-12/25/40 Indexiert
New name
UBS AST BVG-12/25/40 Indexiert (hedged in CHF)

Members affected by this transfer have been directly informed by a separate letter.

Liberty Pension's securities advisers are at your disposal to answer any questions in this connection.