UBS Asset Management (‘UBS AM’) today announces the expansion of its sustainable ETF offering on Euronext Amsterdam with one new ETF listing.
The UBS ETF (IE) MSCI ACWI Socially Responsible ETF replicates the MSCI ACWI SRI 5% Issuer Capped Index which includes large and mid-cap stocks across 23 Developed and 24 Emerging Markets countries. The index is market capitalization-weighted and is designed to provide exposure to companies with outstanding Environmental, Social and Governance (ESG) ratings in their respective industry peer groups. The ETF is physically replicated and include currency-hedged share classes allowing investors to mitigate currency risks.
Marcel Danen, Head Passive & ETF Sales Benelux at UBS Asset Management, said: “We have witnessed significant appetite for access to SRI investments over the last year, and are expecting further demand throughout 2018. With this listing, new ETF clients can increase their exposure to ESG-screened large and mid-cap stocks across both developed and emerging markets. Clients can also benefit from our currency hedging product, which has enjoyed significant net in-flows in the year to date.”
UBS ETFs is the leading provider of sustainable ETFs in Europe with more than CHF 2.4 billion invested in its sustainable equity and fixed income offering and a 36% market share1. UBS ETFs is also a leading European currency hedge provider.2
1 Morningstar data as at 18.12.2017 2 Etfgi.com