PACE® Select Advisors Trust
November 15, 2023
Supplement to the prospectus relating to Class A and Class Y shares (the "Prospectus"), dated
Includes:
•
Dear Investor,
The purpose of this supplement is to update certain information for PACE® Large Co Growth Equity Investments (the "fund") of PACE Select Advisors Trust (the "Trust").
Effective immediately, the Prospectus is hereby revised as follows:
The section captioned "PACE Large Co Growth Equity Investments Fund summary" and sub- captioned "Performance—Risk/return bar chart and table" beginning on page 43 of the Prospectus is revised by replacing the table titled "Average annual total returns" with the following:
(for the periods ended December 31, 2021)
|
Class (inception date) |
1 year |
5 years |
10 years |
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|
Class A ( Return before taxes |
|
% |
|
% |
|
% |
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|
Return after taxes on distributions |
|
|
|
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|
Return after taxes on distributions and sale of fund shares |
|
|
|
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|
Class Y ( Return before taxes |
|
|
|
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|
Russell 1000 Growth Index (Index reflects no deduction for fees, expenses or taxes.) |
|
|
|
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PLEASE BE SURE TO RETAIN THIS IMPORTANT INFORMATION FOR FUTURE REFERENCE.
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UBS Asset Management (Americas) Inc.
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