New UBS ETF on Xetra: Sustainable investments in equities from the Pacific region
New UBS ETF on Xetra: Sustainable investments in equities from the Pacific region
Since Friday, a new exchange traded fund issued by UBS Global Asset Management has been tradable on Xetra and Börse Frankfurt.
With the UBS ETF (LU) MSCI Pacific Socially Responsible UCITS ETF (USD) A-acc, investors can invest in large and medium-sized companies from five industrialised nations in the Pacific region, considering sustainability criteria. Companies with significant business activities in the fields of nuclear energy, tobacco, steam coal, alcohol, gambling, weapons and genetically modified organisms are excluded from the index. The weighting of a stock is limited to a maximum of five per cent.
Any dividends received are reinvested. The annual costs amount to 0.40 per cent.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
UBS ETF (LU) MSCI Pacific Socially Responsible UCITS ETF (USD) A-acc | Equity ETF | LU0950674928 | 0.40 per cent | Accumulating | MSCI Pacific Socially Responsible 5% Issuer Capped Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,556 ETFs. With this selection and an average monthly trading volume of around €13 billion, Xetra is the leading trading venue for ETFs in Europe.