Fund databaseInfrastructure

UBS (Lux) Private Markets - Infrastructure Opportunities Fund

UBS Asset Management Switzerland AG · LU2707658667

ELTIF 2.0 Infrastructure Luxembourg Article 8 9 share classes ↓ Secondaries Co-Investments Primaries / Target Funds

NAV · 31 Jul 2026113.17 EUR
Fund currencyEUR
Income treatmentaccumulating
Performance since Oct 2024 p.a.+7.2%Class Seeding-PF-acc
Ongoing costs2.30% p.a.
Min. investment
Redemptionquarterly
Risk (SRI)3 / 7

01Performance

Unit price (NAV) in EUR · share class Seeding-PF-acc · 29 data points

113.17 EURNAV as at 31 Jul 2026
100.9104.8108.7112.5Oct 2024Apr 2025Sep 2025Feb 2026Jul 2026
Source: Price feed from the management company 7 of 29 values derived (back-calculated from monthly returns)
YTD+6.5%
1 year+12.2%
since Oct 2024 p.a.+7.2%

Calendar-year returns

Calendar years, calculated from the NAV series

+3.6%2025+6.5%2026 YTD

Returns calculated by semiliquid.info from the NAV series, not an official provider figure. Taxes and the trading costs of reinvestment are not taken into account. Past performance is not a reliable indicator of future results.

Provider figures

These come from the factsheet, the PRIIPs KID or the monthly report. They may relate to a different reference date, a different share class or a longer period than the series above — the series starts with the first documented unit price, not necessarily with the launch. That is why the values sometimes differ.

Since launch p.a.4.83%

Target return per the provider: No target return in the KID; the investment objective is 'stable income and moderate long-term capital growth'. PRIIPs scenarios class Seeding-PF EUR acc (EUR 10,000, as at 17 Apr 2025): after 1 year stress -18.5 % / unfavourable -9.8 % / moderate +4.7 % / favourable +21.8 %; after 4 years stress -5.7 % / unfavourable -0.2 % / moderate +7.9 % p.a. (EUR 14,600) / favourable +10.2 % p.a. KID note: 12.1 % before costs and 7.9 % after costs over the recommended holding period.

Provider figure or KID scenario — not a forecast by semiliquid.info. Target returns are not guaranteed.

02Strategy & portfolio

What the fund does and how the portfolio is put together.

Launch year2025
Fund size
CurrencyEUR
Income treatmentaccumulating
SFDRArticle 8
Recommended holding4 yrs
Liquidity buffer
Leverage limit

Risk indicator 3 of 7 from the key information document (1 = low, 7 = high); it captures liquidity risks only to a limited extent.

Portfolio breakdown

Broken down using semiliquid’s common taxonomy — provider labels are mapped onto shared categories so that funds can be compared. Only published figures are used; nothing is estimated.

Sector breakdown

Approximation (qualitative)% of NAVas at 21 Aug 2026

Infrastructure, not broken downThe provider reports the portfolio as a single position — no finer breakdown is published.
Source: UBS Asset Management (Europe) — Basisinformationsblatt LU2707658667, 17.04.2025 · Document

Geographic breakdown

Approximation (qualitative)% of NAVas at 21 Aug 2026

Developed markets, not broken downThe provider reports the portfolio as a single position — no finer breakdown is published.
Source: Fondsdokumente des Anbieters (KID/Prospekt/Präsentation), qualitative Angabe ohne Prozentwerte — Belegzitate in den Spalten 'Text: Sektorfokus' und 'Text: Regionenfokus'

Strategy

Secondaries Co-Investments Primaries / Target Funds

Primary and secondary target funds as well as co-investments, continuation funds and similar structures; focus on operating infrastructure assets with stable recurring income, no more than 20 % of committed capital in new-build projects (greenfield)

Portfolio composition

Investment in primary and secondary target funds, co-investments, continuation funds and similar structures; underlying target instruments: co-investments, qualifying portfolio undertakings, primary funds and secondary investments, generally structured as funds, limited partnerships (LPs) or limited liability companies (LLCs). No more than 20 % of committed capital for new-build projects
Source: KID_LU2707658667_Seeding-PF-acc-EUR_2025-04-17, section 'Objectives'

03Costs

The basis is the PRIIPs KID of the share class we track — which makes it comparable across providers.

Management fee2.30%
Total ongoing costs2.30%
Entry charge max.5.00%
Redemption fee0.00%
Performance fee10.00%
Hurdle rate7.00%
High-water marknot documented

In context: ongoing costs

This fund
2.30%
Median Infrastructure
2.10%

Median across 19 funds in this asset class in our database, based on the PRIIPs KID. No statement about quality — cost structures differ depending on the strategy and on target-fund layers.

How the performance fee works

Assessed on the INVESTMENT RESULT of the sub-fund per performance period, payable to the investment manager, subject to an annual preferred return of 7 %. No information in the KID on catch-up, high-water mark or crystallisation cycle; reference is made to the prospectus
Source: KID_LU2707658667_Seeding-PF-acc-EUR_2025-04-17

Costs per the key information document

PRIIPs KID class Seeding-PF EUR acc (as at 17 Apr 2025): management fees and other administrative/operating costs 2.3 % p.a. (EUR 231 per EUR 10,000) + transaction costs 0.2 % p.a. (EUR 20) + performance fees EUR 73. Total costs EUR 808 on exit after 1 year and EUR 2,255 after 4 years; annual cost impact (RIY) 8.2 % in the first year and 4.2 % p.a. over 4 years. KID note: average return over the recommended holding period 12.1 % before costs and 7.9 % after costs. Expressly NOT included: fees of the distributor, the adviser or an 'insurance wrapper' into which the fund may be placed.
Source: KID_LU2707658667_Seeding-PF-acc-EUR_2025-04-17 (older version: 2.3 % + 0.2 % = 2.5 % ongoing costs)

04Subscription & entry

How you get into the fund, and on what terms.

Subscriptionnot documented
Minimum investmentnot documented
Entry chargeup to 5.00%
Rec. holding period4 years

Subscription per the document

Not disclosed in the PRIIPs KID; the available information on this is inconsistent (monthly or quarterly).

Source: KID_LU2707658667_Seeding-PF-acc-EUR_2025-04-17

05Redemption & liquidity

Semi-liquid means redemption only on fixed dates, with notice periods and upper limits. This is how it works for this fund — in the order the redemption process runs.

Units can be redeemed quarterly; notice must be given 365 days before the date; for the first 36 months after subscription no redemption is possible.

1 · Lock-up36 months from subscription
2 · Notice period365 days before the date
3 · Redemption datequarterly
4 · Gatequantified
5 · Payoutnot documented

Redemption per the document

Quarterly: 'Investors may redeem their units on a calendar-quarter basis, subject to compliance with the lock-up period and the redemption restrictions.'

Source: KID_LU2707658667_Seeding-PF-acc-EUR_2025-04-17

Gate per the document

Mentioned in the KID only in general terms as 'redemption restrictions', without a ratio. The figures recorded to date (max. 5 % of NAV per quarter, or 15 % p.a. cumulative, pro rata treatment, carry-forward) cannot be substantiated from this KID

Source: KID_LU2707658667_Seeding-PF-acc-EUR_2025-04-17

Notice period

12 calendar months: 'Redemption requests should be submitted twelve calendar months before the dealing day relevant to the redemption.'

Source: KID_LU2707658667_Seeding-PF-acc-EUR_2025-04-17

Lock-up

'Investors are subject to a lock-up period of three years from the first subscription closing of the sub-fund. No redemptions are permitted during this period.' - a hard lock-up of 36 months, no soft lock via fees

Source: KID_LU2707658667_Seeding-PF-acc-EUR_2025-04-17, section 'Objectives'

06Share classes

9 classes known. All cost and risk figures on this page apply to LU2707658667.

ISINStatusMin. investmentOngoing costsSRI
LU2707658667basis of this pagenot documented2.30%3/7
LU2688508998not yet collectednot documentednot documentednot documented
LU2707658311not yet collectednot documentednot documentednot documented
+ 6 more share classes
ISINStatusMin. investmentOngoing costsSRI
LU2707658402not yet collectednot documentednot documentednot documented
LU2707658584not yet collectednot documentednot documentednot documented
LU2707658741not yet collectednot documentednot documentednot documented
LU2707658824not yet collectednot documentednot documentednot documented
LU2811767065not yet collectednot documentednot documentednot documented
LU2811767149not yet collectednot documentednot documentednot documented

Costs, minimum investment and risk can differ markedly by class — check the key information document of the specific class before subscribing.

07Fund details & verification

Who stands behind the fund, who it is authorised for — and what the figures rest on.

AIFM / management company

UBS Asset Management (Europe) S.A. - PRIIP manufacturer, authorised in Luxembourg and regulated by the CSSF

Source: KID_LU2707658667_Seeding-PF-acc-EUR_2025-04-17

Depositary

UBS Europe SE, Luxembourg Branch ('custodian' or 'depositary')

Source: KID_LU2707658667_Seeding-PF-acc-EUR_2025-04-17

Launch date

No launch date in the KID. Statement on term: 'The sub-fund is designed as a fixed-term fund within the meaning of the ELTIF Regulation ... The end of the sub-fund's term will be reached on the hundredth (100th) anniversary of the first subscription closing.' KID preparation date 17 April 2025

Source: KID_LU2707658667_Seeding-PF-acc-EUR_2025-04-17

Eligible investors

'This fund is aimed at retail investors with a good understanding of the financial markets who are able to bear a possible loss of the amount invested. The fund seeks to increase the value of the investments and presupposes acceptance of certain restrictions on access to the invested capital. An investment in this fund can meet investors' medium-term investment needs. The fund is suitable for purchase following a test of the investor's financial knowledge and experience.'

Source: KID_LU2707658667_Seeding-PF-acc-EUR_2025-04-17, 'Intended retail investor'

Distribution authorisation

18 countries, including Germany, Austria, Belgium, Denmark, Spain

Fee layers / double charging

DOUBLE CHARGING IS STRUCTURAL: (1) sub-fund level (UBS Asset Management Switzerland AG as investment manager; 2.40 % p.a. ongoing costs, 10 % performance fee above a 7 % preferred return) and (2) TARGET-FUND LEVEL - the sub-fund expressly invests in primary and secondary target funds; their management fees and carried interest arise in addition. Alongside this, co-investments and continuation vehicles (where target-fund fees may be reduced or absent). An offset/rebate of the target-fund fees is not documented (not documented)

All figures come from our analysis of provider documents (product data as at 19 Aug 2026, distribution data as at 12 Aug 2026) and have not been conclusively verified.

Similar funds

Same asset class, sorted by overlap of sub-strategy — no recommendation, no ranking.

Important information. semiliquid.info does not provide investment advice and makes no recommendation to buy, sell or hold fund units — no ranking, no offer, no invitation to subscribe. Only the prospectus and the key information document (PRIIPs KID) of the respective fund are authoritative. We give no warranty for the accuracy, completeness or currency of the information. Semi-liquid funds invest in illiquid assets: redemptions are possible only to a limited extent and can be capped, deferred or suspended; there is a risk of total loss. Past performance is not a reliable indicator of future results. Read the prospectus and the key information document before making an investment decision and seek professional advice where appropriate.