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/2023/02/the-eleventh-hour-gfac76b1a4_640.png
Alternative Investments/ESG: Six New Responsible Funds Flag Off Morgan Stanley’s ETF Platform

Morgan Stanley Investment Management (MSIM) has launched its ETF platform with six Calvert ETFs listed on NYSE Arca. The ETFs feature Calvert’s responsible investing approach and offer access to four…

https://dailyalts.com/wp-content/uploads/2023/02/adi-goldstein-i3gs_IIyvuI-unsplash.jpg
Artificial Intelligence: MusicLM, A New Generative AI Tool From Google, Creates Music From Text
February 2, 2023     Artificial Intelligence, News

Google (NASDAQ: GOOGL) recently published a research paper on its new AI tool, MusicLM, designed to create music. The tool is based on machine learning and is trained on vast…

https://dailyalts.com/wp-content/uploads/2023/02/augmented-reality-g86922a9f7_640.jpg
Artificial Intelligence: Snap Mulling AR Glasses Powered By Generative AI
February 2, 2023     Artificial Intelligence, News

Snap (NYSE: SNAP), the parent company of Snapchat, has hinted at future AR glasses powered by generative AI technology. CEO Evan Spiegel stated that AI will be critical to the…

https://dailyalts.com/wp-content/uploads/2023/02/94280bca-3fa2-430a-a5cd-2b2b997f622b.png
Digital Assets: Binance And Mastercard Launch Prepaid Crypto Card In Brazil
February 1, 2023     Digital Assets, News

Binance and Mastercard (NYSE: MA) have jointly launched the Binance Card in Brazil, allowing Binance users in the country to make purchases and pay bills with cryptocurrencies like bitcoin and…