Active with immediate effect, the range is divided into two ‘factor premium’ sub-sets of prime value, low volatility, quality and total yield propositions.
Listed on the London Stock Exchange, the ETFs afford investors access to systematic high-exposed strategies across two currency regions – the US and eurozone.
They are designed to construct portfolios that are resistant to currency movements, derived from the MSCI USA and MSCI EMU indices and balanced against market capitalisation building blocks.
Andrew Walsh, UBS’ head of ETF sales for UK and Ireland, said: “Whether one chooses to call it ‘factor investing’, ‘smart beta’ or ‘alternative beta’, what is very clear is that this category continues to gain increased interest from investors who are looking beyond the traditional parameters of market cap weighted benchmarks.
“We are starting to see a shift from a ‘core-satellite’ investment approach to a ‘core-factor-satellite’ approach. These eight new ETFs directly reflect our clients’ need for key factor exposures available at regional level.”
The eurozone-focused ETFs carry a total expense ratio of 0.28%, while its US counterpart is priced at 25 basis points. Both are GDP-denominated.
