For many years, the bankвЂ™s funds had strong comes back and compensated dividends that are healthy. The Tax complimentary Puerto Rico Fund II, with $357 million in assets, includes a return that is five-year of per cent, based on UBS papers.
But as Puerto RicoвЂ™s woes that are economic deepened, UBS clients have observed the worthiness of these holdings fall. The fundвЂ™s stocks donвЂ™t trade for a trade, but UBS papers reveal it had a value that is per-share of6.16 at the beginning of September, down from $7.75 a share by the end of June. Read More