(CBUSAC) UBS(Lux)Fund Solutions – - Ratings and Ratios

The UBS(Lux)Fund Solutions – Bloomberg US Liquid Corporates UCITS ETF(USD)A-acc is an exchange-traded fund (ETF) that tracks the Morningstar US Corp Bd TR USD index, providing investors with exposure to a diversified portfolio of US corporate bonds. As a USD Corporate Bond ETF, it aims to deliver returns that are in line with the overall performance of the US corporate bond market.

Given its investment objective, the fund is likely to be heavily influenced by changes in interest rates, credit spreads, and the overall economic environment. The funds assets under management (AUM) stand at $124.92M USD, indicating a relatively modest size compared to other ETFs in the same category. This could potentially impact its liquidity and trading costs.

From a technical analysis perspective, the funds price action suggests a relatively stable trend, with the short-term moving averages (SMA20 and SMA50) indicating a slight consolidation phase. The Average True Range (ATR) of 0.08 (0.59%) implies a moderate level of volatility. Considering the 52-week high and low prices of 14.26 and 13.23, respectively, the current price of 13.99 is closer to the lower end of the range, potentially indicating a buying opportunity.

Using a combination of technical and fundamental data, a forecast for the fund can be constructed. Assuming a stable economic environment and no significant changes in interest rates, the funds price is likely to remain within a narrow range. However, if credit spreads were to tighten, the fund could potentially benefit from the resulting increase in bond prices. Conversely, a widening of credit spreads could lead to a decline in the funds price. Based on the current technical indicators and fundamental data, a potential price target for the fund could be around 14.10-14.20, representing a 0.8-1.5% increase from the current price.

Its worth noting that the funds tracking error, fees, and other expenses can also impact its performance. Investors should carefully evaluate these factors, in addition to the funds overall investment objective and risk profile, before making any investment decisions.