After reviewing the fund following its most recent manager changes, Morningstar Research Services LLC is discontinuing analyst coverage of UBS Dynamic Alpha BNAAX. This fund has undergone significant manager turnover in the past several years, and assets under management have fallen considerably. Morningstar Research Services LLC constantly reviews the investments it covers to ensure it is analyzing and rating those that are the most relevant to investors. Relevance is measured by a number of quantitative and qualitative factors, including, but not limited to, assets under management, inflows and outflows, the uniqueness of strategy and process, prominence of the management team and parent company, performance, and investor and client interest. To see previous analyses of this strategy, consult the Analyst Report Archive.
NAV / 1-Day Return
6.07 / 0.33 %
Adj. Expense Ratio
Longest Manager Tenure
Alt Style Correlation / Relative VolatilityHigh / Medium
Min. Initial Investment
Morningstar’s Fund Analysis BNAYX
Will BNAYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.