UBS Asset Management (UBS AM) has today launched the new UBS EUR AAA CLO UCITS ETF on the London Stock Exchange
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André Mueller, Head of Client Coverage at UBS Asset Management
UBS EUR AAA CLO UCITS ETF
The sub-fund will invest its net assets predominantly in Euro-denominated AAA-rated collateralized loan obligations (“CLOs”).
This sub-fund is actively managed and uses the J.P. Morgan European Collateralised Loan Obligation Index AAA sub-set (€-CLOIE AAA) as a reference for portfolio construction, performance comparison and risk management but is not constrained by it. The majority of the sub-fund’s securities will be components of the benchmark.
This sub-fund aims to provide investors with a total return, taking into account both capital appreciation and income returns.
Benefits
Clients benefit from the flexibility of an exchange-traded investment and the investor protection offered by a fund.
Provides access to this segment of the market with a single transaction.
Optimised risk/return profile thanks to a broad diversification across a range sectors.
The fund offers a high degree of transparency and cost efficiency and is easy to trade.
UCITS compliant fund.
| Product Name | UBS EUR AAA CLO UCITS ETF |
| ISIN | LU3028243981 |
| SEDOL | BVF8KP0 |
| Currency | USD |
| Management Fee | 0.28% |
Source: ETFWorld
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