I'm not sure they have been shorting. Maybe they are lending...

I'm not sure they have been shorting. Maybe they are lending shares to shorters, I have no idea. Would like to find out more.

https://www.morningstar.com.au/investments/security/fund/10157

UBS Global Credit Fund UBS0103AU Strategy

The Fund invests in securities such as corporate bonds, government bonds, mortgage and asset-backed securities, and may include sovereign agency and supranational debt. At the time of purchase, all securities in the Fund must be of investment grade credit rating. The Fund may gain its exposure by investing in UBS managed funds. The Fund may also invest in financial derivatives to gain or reduce exposure to relevant markets and currencies and manage investment risk. Foreign currency exposure is hedged to $A.

The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.