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Seven new exchange-listed equity index funds from the issuer UBS Global Asset Management have been tradable in Deutsche Börse’s XTF segment since Wednesday.
Of the seven new ETFs, six are based on three reference indices – two ETFs on each index. The difference is in the unit class – the class “I” ETF is aimed primarily at institutional investors, and the class “A” ETF at private clients.
The UBS (Irl) ETF plc – MSCI USA (USD) tracks the performance of the developed equity markets in the US based on total return with dividends reinvested. The index currently includes around 600 medium to large-sized US companies, which represent approximately 84% of free-float market capitalisation.
The UBS (Irl) ETF plc – MSCI USA Value (USD) enables investors to access the American stock market using the value strategy approach. US equities are accepted into the reference index according to a selection process based on eight items of historical and forward-looking fundamental data. Those companies whose share price is classified as undervalued in comparison to the value of the company are included.
The UBS (Irl) ETF plc – S&P 500 (USD) tracks the performance of the 600 largest US stock corporations. The reference index represents 75% of the total US stock market. Dividends and distributions are taken into account in the index calculation after any tax is deducted.
The UBS (Irl) ETF plc – MSCI World offers investors access to 1600 medium to large-sized companies from 24 industrialised countries across all sectors.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 981 exchange-listed index funds, while the average monthly trading volume stands at €12 billion.
List of the new UBS ETFs with ISIN and total expense ratio (TER):
UBS (Irl) ETF plc ISIN TER
UBS (Irl) ETF plc - MSCI USA (USD) A-dis IE00B77D4428 0.35%
UBS (Irl) ETF plc - MSCI USA (USD) I-dis IE00B76J4S53 0.23%
UBS (Irl) ETF plc - MSCI USA Value (USD) A-dis LU0629460089 0.35%
UBS (Irl) ETF plc - MSCI USA Value (USD) I-dis IE00B6SY5K09 0.23%
UBS (Irl) ETF plc - MSCI World (USD) A-dis IE00B7KQ7B66 0.45%
UBS (Irl) ETF plc - MSCI World (USD) I-dis IE00B7KL1H59 0.30%
UBS (Irl) ETF plc - S&P 500 (USD) A-dis IE00B7K93397 0.25%
