The sub-fund is managed on a passive basis. The investment objective is as follows: The investment objective of the sub-fund is to achieve the total net return of the benchmark. Benchmark: SARON® Index The sub-fund replicates the benchmark. Sustainability criteria are not taken into account in the index selection. As a result, sustainability risks are not included due to the investment objective of the sub-fund. The asset manager aims to replicate the benchmark in compliance with the limits set out in the investment policy of the sub-fund. The sub-fund therefore qualifies, in UBS Asset Management's opinion, as an “Article 6 financial product” under Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosure requirements in the financial services sector (SFDR).