New Equity ETF from UBS on Xetra: access to Eurozone companies using value strategy
New Equity ETF from UBS on Xetra: access to Eurozone companies using value strategy
A new exchange-traded fund issued by UBS Global Asset Management has been tradable on Xetra and via Börse Frankfurt since Monday.
The UBS (Lux) Fund Solutions - MSCI EMU Value UCITS ETF (EUR) A-acc gives investors access to the performance of mid- and large-cap companies from eurozone countries across a range of sectors.
The ETF applies the value strategy. According to the strategy, only companies are selected that are currently classified as undervalued on the basis of fundamental data and therefore have the potential to increase in price. The selection is made according to fundamental indicators such as the price-to-book ratio, the price-to-earnings ratio, and the dividend yield.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
UBS (Lux) Fund Solutions – MSCI EMU Value UCITS ETF (EUR) A-acc | Equity ETF | 0.25 per cent | accumulating | MSCI EMU Value Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,918 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.