UBS AM has listed two new UCITS ETFs on the London Stock Exchange as of March 6, 2026, expanding its range of core equity products for UK and international investors.
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Article created by the editorial staff of ETFWorld.co.uk
André Mueller, Head of Client Coverage at UBS Asset Management
The funds offer exposure to European and Japanese equities at competitive price points.
UBS Core MSCI Europe UCITS ETF
The UBS Core MSCI Europe UCITS ETF (ISIN: LU3254395307) is designed to replicate the performance of the MSCI Europe Net Return index. This index covers large and mid-cap stocks across 15 developed markets in Europe. The fund uses a physical replication model, investing either directly in the underlying securities or through derivatives when direct investment is not practical .
With a total expense ratio (TER) of 0.06 percent, the fund ranks among the most cost-efficient options for European equity exposure in the UCITS ETF market. According to recent data, the fund holds approximately 403 positions and has assets under management of €159.91 million as of mid-February 2026 . The reference index includes around 414 constituents across major European economies including the United Kingdom, France, Germany, and Switzerland .
The fund may engage in securities lending to generate additional income, which helps offset costs. It does not systematically integrate sustainability risks, as these factors are not part of the index selection process.
UBS Core MSCI Japan UCITS ETF
The UBS Core MSCI Japan UCITS ETF (ISIN: LU3254394912) tracks the MSCI Japan Net Return index, providing exposure to Japanese large and mid-cap companies. The index covers approximately 85 percent of the free float-adjusted market capitalization in Japan .
The fund carries a TER of 0.12 percent. Data indicates the fund holds 181 positions with total assets of €3.80 billion as of late February 2026 . The Japan-focused fund has a longer track record in other share classes, with the broader strategy dating back to 2001 .
Top holdings include Toyota Motor Corporation, Mitsubishi UFJ Financial Group, Hitachi, and Sony Group Corporation, which together represent significant weightings in the portfolio . The fund has a weighted average market capitalization of approximately ¥2.36 trillion .
Performance data for the Japan strategy shows a one-year return of 23.71 percent (in EUR terms) as of February 2026, with three-year annualized returns of 17.57 percent . Volatility over one year stands at 12.15 percent, with a Sharpe ratio of 3.88, indicating strong risk-adjusted returns over that period .
Market context
Both funds are passively managed and aim to provide broad diversification across their respective geographic segments. The Europe fund offers exposure to financials (approximately 23 percent), industrials (18 percent), and healthcare (11 percent) sectors, reflecting the broader index composition . The Japan fund provides heavier weightings to industrials, consumer discretionary, and technology sectors .
The listings add to UBS’s existing suite of core ETFs available on the LSE, which already includes other share classes tracking the same indices . The new ISINs provide additional options for institutional and retail investors seeking precise execution currency or tax treatment preferences.
Both funds are domiciled in Luxembourg and comply with UCITS regulations, making them eligible for distribution across European markets. The funds use a full replication strategy where possible, meaning they hold the actual underlying securities rather than using synthetic methods to track performance
| Product Name | UBS Core MSCI Europe UCITS ETF |
| ISIN | LU3254395307 |
| SEDOL | BV9C531 |
| Currency | USD |
| Management Fee | 0.06% |
| Benchmark | MSCI Europe Net Return index |
| Product Name | UBS Core MSCI Japan UCITS ETF |
| ISIN | LU3254394912 |
| SEDOL | BV9C520 |
| Currency | USD |
| Management Fee | 0.12% |
| Benchmark | MSCI Japan Net Return index |
Source: ETFWorld
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