About PWGAX
PACE International Equity Investments Class A is an open-end mutual fund focused on seeking long-term capital appreciation through diversified investments in international equity markets. Managed by UBS Asset Management and subadvised by a team of established investment firms, the fund allocates at least 80% of its net assets to equities of companies primarily domiciled in developed foreign countries, with principal exposure to markets in Europe, Asia, and Australia. It follows a "foreign large blend" strategy, investing across major sectors such as financials, industrials, information technology, health care, and consumer discretionary, and maintains a portfolio of hundreds of holdings for broad diversification. The fund employs both fundamental and quantitative research techniques, integrating a mix of growth and value stocks across varying market capitalizations. By excluding U.S. equities, it offers investors targeted access to non-U.S. developed markets and benchmarks its performance against the MSCI EAFE Index. The fund is designed to serve as a core component for investors seeking global diversification and professional management within their broader asset allocation strategy.
Fund Family UBS Asset Management
Category Foreign Large Blend
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol PWGAX
Share Class Class A
Index MSCI EAFE NR USD
PWGAX had a total return of 21.07% in the past year, including dividends.
Since the fund's inception, the average annual return has been 5.28%.
