UBS ETF launches MSCI World UCITS ETF (hedged to GBP) A-dis ETF

UBS Asset Management (UBS ETF) has launched the new UBS (Irl) ETF plc – MSCI World UCITS ETF (hedged to GBP) A-dis on the London Stock Exchange

Sign up to our free newsletters

By ETFWorld.co.uk

Clemens Reuter, Global Head of ETF & Index Fund Client Coverage UBS AM

UBS (Irl) ETF plc – MSCI World UCITS ETF (hedged to GBP) A-dis

The Fund is passively managed and seeks to track performance of the MSCI World Index (Net Return). The Index is designed to measure the performance of mid and large capitalisation companies which are listed on worldwide markets.

The Fund uses a sampling strategy investing in a representative sample of constituent stocks of the Index selected by the investment manager using quantitative analytical models in a technique known as ‘portfolio optimization’. In seeking to implement its investment objective of tracking the performance of the Index, the Fund may also in exceptional circumstances hold securities which are not comprised in its Index, including, for example, securities in respect of which there has been an announcement or it is expected that they will shortly be included in the Index. The Fund may, for the purpose of reducing risk, reducing costs or generating additional capital or income, use derivative instruments. The use of derivative instruments may multiply the gains or losses made by the Fund on given investment or on its investments generally.

Source: ETFWorld