UBS GAM launches quartet of new ETFs

UBS Global Asset Management has launched four new ETFs on the London Stock Exchange.

Portfolio Adviser
1 minute

Listed both in sterling and dollar, the funds track the Dow Jones Global Select Dividend and MSCI Emerging Markets SRI indices, as well as the MSCI USA index.

The first fund, the UBS DJ Global Select Dividend UCITS ETF, also recently listed on SIX, the Swiss exchange. It offers exposure to the top dividend paying companies globally. The underlying index is weighted by dividend yield with the constituent stocks selected on fundamental strength relative to peers, subject to dividend strength and liquidity.

The UBS MSCI Emerging Markets Socially Responsible UCITS ETF aims to widen the range of products that open up exposure to the MSCI Socially Responsible index series in Europe. This product will offer exposure to the MSCI Emerging Markets SRI 5% Issuer Capped Total Return Net, established in March 2014.

The index is a benchmark of large and mid-cap emerging market companies dedicated to establishing strong sustainability profiles. The product has been developed in direct response to increased demand from investors to bring exposure to environmental and social governance practices into their investments.

These two funds will apply for UK reporting fund status and perform annual reporting for UK investors.

The other two new launches are the two MSCI USA ETFs, one denoted in dollar and the other in sterling. They have both previously been granted UK reporting fund status.

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