Investors focused on themes are making 5 big mistakes. Here's how UBS says they can be avoided.

UBS says there are five common mistakes that thematic investors need to avoid for their strategies to work. Laura Kane, the firm's head of Americas thematic research, offers advice mostly centered around the patience investors should exhibit when deciding when to buy or sell. She also lays out how investors can avoid each of the five pitfalls she outlines. Investing based on themes requires patience and confidence, according to one of UBS's top researchers. But actually abiding by those...