.jpg)
Four new exchange-traded equity index funds issued by UBS ETF SICAV have been tradable in Deutsche Börse’s XTF segment since Monday.
ETF name: UBS ETF - MSCI United Kingdom 100% hedged to EUR UCITS ETF (EUR) A-acc
Asset class: equity index ETF
ISIN: LU0950671239
Total expense ratio: 0.40 percent
Distribution policy: non-distributing
Benchmark: MSCI United Kingdom 100% hedged to EUR
ETF name: UBS ETF - MSCI Canada 100% hedged to EUR UCITS ETF (EUR) A-acc
Asset class: equity index ETF
ISIN: LU0950673284
Total expense ratio: 0.55 percent
Distribution policy: non-distributing
Benchmark: MSCI Canada 100% hedged to EUR
ETF name: UBS ETF - MSCI Japan 100% hedged to EUR UCITS ETF (EUR) A-acc
Asset class: equity index ETF
ISIN: LU0950672476
Total expense ratio: 0.45 percent
Distribution policy: non-distributing
Benchmark: MSCI Japan 100% Hedged to EUR
The new UBS ETFs enable investors to participate in the development of UK and Canadian equity markets for the first time and also to benefit from hedging against exchange rate fluctuations between the euro and the dollar. The underlying reference indices of the MSCI index family are weighted according to free float market capitalisation and track the performance of the equity markets in Japan, the UK and Canada respectively.
ETF name: UBS ETFs plc - MAP Balanced 7 UCITS ETF SF (USD) A-acc
Asset class: equity index ETF
ISIN: IE00B95FFX04
Total expense ratio: 0.75 percent
Distribution policy: non-distributing
Benchmark: UBS Multi Asset Portfolio Index
The new actively managed ETF issued by UBS (Irl) plc enables investors to participate in the performance of the multi asset portfolio (MAP) strategy. The fund strategy comprises four asset classes: bonds, equities, commodities and cash. Each of these classes contributes to risk distribution in terms of its volatility (risk parity). This means that investors can invest in all four asset classes with a single investment. Allocation of the asset classes is optimised using the UBS Dynamic Equity Risk Indicator (DERI) sentiment barometer, which measures risk appetite on the financial markets.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,046 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of around €11 billion, makes Xetra Europe’s leading trading venue for ETFs.
