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UBS Global Enhanced Equity Income C Inc is an open-ended investment fund managed by UBS Asset Management. The fund seeks to provide a high level of income with the potential for capital growth by investing in a diversified portfolio of global equities. It employs an "enhanced" strategy, typically using derivative instruments such as writing call options on the underlying equity holdings to generate additional premium income. This approach aims to provide a higher yield than traditional equity portfolios, though it may limit capital appreciation during strong bull markets.