Introducing Twelve Converter! Real-time currency rates at your fingertips. Available on Android, iOS soon!

SBDA

FSX
1,462.90503 EUR
2.952
0.20%
Last update Jul 25, 7:33 PM CEST
Market closed
Day range
1,462.12097
1,465.82800
Previous close
1,465.85706
Open
1,462.49194
Access this ETF data via API
Subscribe
UBS Lux Money Market Fund
1,462.91
2.95
0.20%

Overview

Description

The UBS Lux Money Market Fund is an investment fund that aims to provide liquidity and capital preservation. This fund primarily focuses on short-term investments in high-quality, liquid assets, making it an attractive option for managing cash reserves. The fund invests in a range of short-duration money market instruments such as government securities, certificates of deposit, and corporate debt, predominantly within the European market. It offers investors the opportunity to gain returns comparable to those of short-term interest rates while minimizing risk exposure. By maintaining a diverse portfolio of high-grade investments and a constant focus on safety and stability, the UBS Lux Money Market Fund plays a crucial role in asset management and cash flow optimization for both retail and institutional investors. It is part of the broader money market fund industry, which is essential for ensuring liquidity in financial markets and provides a vital service by managing short-term cash requirements efficiently. Overall, this fund supports investors in preserving capital while navigating the complexities of temporary cash surplus utilization within the economic landscape. By focusing on liquidity and safety, it remains a favored choice for short-term financial strategy.

About

Address
Phone
Website
Instrument type
ETF
Country
Germany
MIC code
XFRA
Market closed

Exchange is currently closed (non-working day)
Main market opens in 2 days 3 hours 35 minutes

04:24
00:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 22:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).