The Lantern Global IPO Fund (Bloomberg: LSAMLIP ID), an open-ended fund run by UBS AG (London), gained 10.98% YTD, ranking 1st amongst 2380 comparable funds.
The Fund’s objective is capital appreciation through exposure to the IPOX-30 Global (All Markets) Index (Bloomberg: IPGL30), calculated on a net total return basis, such exposure to the index on any day may be long, short or nil depending on the level of the UBS Dynamic Equity Risk Indicator.