Liquid Alternatives: UBS launches “Socially Responsible ” UCITS ETFs

May 8, 2020 | Liquid Alternatives, News
https://dailyalts.com/wp-content/uploads/2020/05/sunset-3325080_640-ubs-etfs.jpg

The two new sustainable investing ETFs launch on the Xetra and Börse Frankfurt exchanges.

The UBS ETF (IE) MSCI USA Socially Responsible UCITS ETF (USD) invests in large and medium-sized US companies that meet ESG sustainability criteria. (ETF Express)

Companies with significant business activities in nuclear energy, tobacco, alcohol, gambling, weapons, and genetically modified organisms are excluded from the index. Also, the weighting of a share is limited to a maximum of five percent, according to a release from the Deutsche Börse Cash Market.

Index

The ETF  tracks the MSCI USA Socially Responsible 5% Issuer Capped Total Return Net. This is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of North America considering only companies with high Environmental, Social and Governance (ESG) ratings relative to their sector peers, to ensure the inclusion of the best-of-class companies from an ESG perspective.

Investing benefits

The UBS ETF (IE) MSCI USA Socially Responsible UCITS ETF (USD) is a UCITS compliant fund. It provides an optimized risk/return profile due to its broader diversification across a range of sectors. Having the flexibility of an exchange-traded investment, it provides access to the performance of the index with a single transaction.

Its total expense ratio is 0.28% per annum.

Two options

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 Distribution policy
UBS ETF (IE) MSCI USA Socially Responsible UCITS ETF (USD) A-dis Equity ETF IE00BJXT3B87 Distributing
UBS ETF (IE) MSCI USA Socially Responsible UCITS ETF (USD) A-acc Equity ETF IE00BJXT3C94 Accumulating

 

Related Story:    Liquid Alternatives: BNY Mellon Launches Five New ETFs at Low or Zero Fees

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Alt Insights

May 21, 2020

Venture Capital: British Startup Offers Travel Jaunts on the Never-Never

Venture Capital: British Startup Offers Travel Jaunts on the Never-Never
Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2020/05/athlete-1840437_640.jpg
Artificial Intelligence: Global Agency to Use AI to Nab Doping Athletes
May 29, 2020     Artificial Intelligence, News

The World Anti-Doping Agency (WADA) has initiated four projects across Canada and Germany to identify doping athletes through the use of artificial intelligence. The agency understands the ethical questions surrounding…

https://dailyalts.com/wp-content/uploads/2020/05/Prupay-combined.jpg
FinTech: PruPay and PayPal Working on Text-based, Contactless Payments
May 29, 2020     FinTech, News

PruPay is a specialty fintech company that provides easy payment solutions for merchants and consumers. The U.S.-based company announced Thursday its collaboration with PayPal (NASDAQ: PYPL) for the launch of…

https://dailyalts.com/wp-content/uploads/2020/05/6506262731_3b7a3948e7_c.jpg
Digital Assets: Goldman Pans Bitcoin; Crypto Community Up in Arms
May 29, 2020     Digital Assets, News

Crypto fans have not taken kindly to a Goldman Sachs presentation that fired potshots at bitcoin. The offending presentation from Goldman Sachs (NYSE: GS) has sparked a raging controversy for…

https://dailyalts.com/wp-content/uploads/2020/05/Driverless-robots-combined.jpg
Venture Capital: Optimus Ride Driverless Cars in the U.S., and Cute Starship Robots in the U.K. Combat COVID
May 29, 2020     News, Venture Capital

Driverless vehicles and delivery robots are serving a crucial need for consumables during lockdowns and shelter-in-place restrictions. More importantly, because they are autonomous there’s no risk of a driver spreading…

Scroll to Top