New UBS ETF on Xetra: access to companies from emerging markets excluding China
New UBS ETF on Xetra: access to companies from emerging markets excluding China
Since Friday, a new exchange-traded fund issued by UBS Asset Management has been tradable on Xetra and on the Frankfurt Stock Exchange.
The UBS ETF (IE) MSCI Emerging Markets ex China Socially Responsible UCITS ETF allows investors to invest in a broadly diversified portfolio of large and mid-cap companies based in one of the 23 emerging markets excluding China. The benchmark index covers around 85 per cent of each country's market capitalisation. The most represented countries are Taiwan, India and South Korea. The weighting of issuers is limited to a maximum of 5 per cent.
A best-in-class approach to ESG criteria is taken in the selection of companies. At the same time, companies must have a high environmental, social and governance balance as well as lower CO2 emissions compared to their competitors. Companies involved in controversial business activities will be excluded.
This is an accumulating share class in the base currency, the US dollar.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
UBS ETF (IE) MSCI Emerging Markets ex China Socially Responsible UCITS ETF (USD) A-acc | Equity ETF | 0.20 per cent | Accumulating | MSCI Emerging Markets ex China SRI Low Carbon Select 5% Issuer Capped Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,142 ETFs. With this selection and an average monthly trading volume of around €14 billion, Xetra is the leading trading venue for ETFs in Europe.