New UBS ETFs on Xetra: Sustainable investing in the USA
New UBS ETFs on Xetra: Sustainable investing in the USA
Since Wednesday, two new exchange traded funds issued by UBS Global Asset Management have been tradable on Xetra and Börse Frankfurt.
The UBS ETF (IE) MSCI USA Socially Responsible UCITS ETF (USD) invests in large and medium-sized US companies that meet ESG sustainability criteria. Companies with significant business activities in nuclear energy, tobacco, alcohol, gambling, weapons and genetically modified organisms are excluded from the index. In addition, the weighting of a share is limited to a maximum of five per cent.
With the UBS ETF (IE) MSCI USA Socially Responsible UCITS ETF (USD), investors can choose between two share classes that differ in the allocation of income. In the case of the A-dis share class, the dividend is paid out and in the case of the A-acc share class, it is reinvested.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
UBS ETF (IE) MSCI USA Socially Responsible UCITS ETF (USD) A-dis | Equity ETF | IE00BJXT3B87 | 0.28 per cent | Distributing | MSCI USA Socially Responsible 5% Issuer Capped Index |
UBS ETF (IE) MSCI USA Socially Responsible UCITS ETF (USD) A-acc | Equity ETF | IE00BJXT3C94 | 0.28 per cent | Accumulating | MSCI USA Socially Responsible 5% Issuer Capped Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,548 ETFs. With this selection and an average monthly trading volume of around €13 billion, Xetra is the leading trading venue for ETFs in Europe.