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.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2021/07/bitcoin-2668211_640.jpg
Digital Assets: Bitcoin Closes In On $40K After Amazon Rumors Spark Rally
July 26, 2021     Digital Assets, News

Bitcoin, the leading cryptocurrency, which had been in a downtrend since its April highs, and tested $30,000 on more than one occasion, surged nearly 15% after a rumor that Amazon…

https://dailyalts.com/wp-content/uploads/2021/07/rivian-r1t-7.jpg
Venture Capital: Rivian Lands $2.5B; Plans Second EV Plant Including For Batteries
July 26, 2021     Latest News, News, Venture Capital

Electric vehicle maker Rivian announced Friday (July 23, 2021) its close of a $2.5 billion funding round led by Amazon’s (NASDAQ: AMZN) Climate Pledge Fund, D1 Capital Partners, Ford Motor…

https://dailyalts.com/wp-content/uploads/2021/07/champagne-2178775_640.jpg
Liquid Alternatives: Three Reasons
July 26, 2021     Liquid Alternatives, News

Spawned after the 2008 financial crisis, liquid alternatives have disappointed investors. During the 2010s, these instruments averaged an annualized gain of 1.66%. Writing in Morningstar, columnist John Rekenthaler makes a…

https://dailyalts.com/wp-content/uploads/2021/07/Ez4eEsTWUAMC8Gz.jpg
FinTech: UK-Based PensionBee Reports Assets Under Administration Have Doubled In A Year
July 26, 2021     FinTech, News

An influx of new customers has boosted two-fold PensionBee’s assets under administration as at June 30, 2021. Further, in a landmark year, PensionBee (LON: PBEE) raised £55 million from an…