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Investment Objective
UBS Municipal Bond Fund Summary Prospectus
Fees and Expenses
UBS Municipal Bond Fund Summary Prospectus
Principal Strategies / Principal Risks / Performance
UBS Municipal Bond Fund Summary Prospectus
The UBS Funds Statement of Additional Information
The UBS Funds - Semiannual Report
Investment Advisor / Portfolio Manager
UBS Municipal Bond Fund Summary Prospectus
The UBS Funds Statement of Additional Information
The UBS Funds - Semiannual Report
Purchase and Sale of Shares
UBS Municipal Bond Fund Summary Prospectus
The UBS Funds Statement of Additional Information
Tax Information
UBS Municipal Bond Fund Summary Prospectus
The UBS Funds Statement of Additional Information
The UBS Funds - Semiannual Report
Payments to Financial Intermediaries
UBS Municipal Bond Fund Summary Prospectus
The UBS Funds Statement of Additional Information
The UBS Funds - Semiannual Report
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UBS Mutual Funds
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The UBS Funds Prospectus
There is a supplement for this fund.
Investment Objective
UBS Municipal Bond Fund Summary Prospectus
Page 5
The UBS Funds Prospectus
Page 56
The UBS Funds Prospectus
Page 119
Fees and Expenses
UBS Municipal Bond Fund Summary Prospectus
Page 5
The UBS Funds Prospectus
Page 56
Principal Strategies / Principal Risks / Performance
UBS Municipal Bond Fund Summary Prospectus
Page 6
The UBS Funds Prospectus
Page 57
The UBS Funds Prospectus
Page 119
The UBS Funds Statement of Additional Information
Page 11
The UBS Funds - Semiannual Report
Page 80
Investment Advisor / Portfolio Manager
UBS Municipal Bond Fund Summary Prospectus
Page 9
The UBS Funds Prospectus
Page 60
The UBS Funds Prospectus
Page 144
The UBS Funds Statement of Additional Information
Page 81
The UBS Funds - Semiannual Report
Page 157
Purchase and Sale of Shares
UBS Municipal Bond Fund Summary Prospectus
Page 9
The UBS Funds Prospectus
Page 60
The UBS Funds Prospectus
Page 131
The UBS Funds Statement of Additional Information
Page 107
Tax Information
UBS Municipal Bond Fund Summary Prospectus
Page 9
The UBS Funds Prospectus
Page 60
The UBS Funds Prospectus
Page 150
The UBS Funds Statement of Additional Information
Page 113
The UBS Funds - Semiannual Report
Page 169
Payments to Financial Intermediaries
UBS Municipal Bond Fund Summary Prospectus
Page 9
The UBS Funds Prospectus
Page 60
The UBS Funds Prospectus
Page 131
The UBS Funds Prospectus
Page 137
The UBS Funds Statement of Additional Information
Page 90
The UBS Funds Statement of Additional Information
Page 107
The UBS Funds - Semiannual Report
Page 160
The UBS Funds Prospectus Supplement June 30, 2022
The UBS Funds Prospectus Supplement May 2, 2022
The UBS Funds Prospectus Supplement dated April 14, 2022
The UBS Funds Prospectus Supplement dated April 1, 2022
The UBS Funds Prospectus Supplement dated January 10, 2022
The UBS Funds Prospectus dated October 28, 2021
UBS All China Equity Fund
UBS Dynamic Alpha Fund
UBS Emerging Markets Equity Opportunity Fund
UBS Engage For Impact Fund
UBS Global Allocation Fund
UBS International Sustainable Equity Fund
UBS U.S. Small Cap Growth Fund
UBS Municipal Bond Fund
UBS Sustainable Development Bank Bond Fund
UBS All China Equity Fund - Investment objective, strategies, securities selection and risks
UBS Dynamic Alpha Fund - Investment objective, strategies, securities selection and risks
UBS Emerging Markets Equity Opportunity Fund - Investment objective, strategies, securities selection and risks
UBS Engage For Impact Fund - Investment objective, strategies, securities selection and risks
UBS Global Allocation Fund - Investment objective, strategies, securities selection and risks
UBS International Sustainable Equity Fund - Investment objective, strategies, securities selection and risks
UBS U.S. Small Cap Growth Fund - Investment objective, strategies, securities selection and risks
UBS Municipal Bond Fund - Investment objective, strategies, securities selection and risks
UBS Sustainable Development Bank Bond Fund - Investment objective, strategies, securities selection and risks
Managing your fund account
Flexible pricing
Buying shares
Selling shares
Exchanging shares
Pricing and valuation
Management
Disclosure of portfolio holdings
Dividends and taxes
Related prior performance information
Financial highlights
Appendix A
Where to learn more about the funds
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