UBS (Irl) ETF plc - UBS S&P 500 ESG Elite UCITS ETF h GBP (S5EG.L) LSE

Currency In GBp

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UBS (Irl) ETF plc - UBS S&P 500 ESG Elite UCITS ETF h GBP

Address

78 Sir John Rogerson's Quay

Dublin, D02 HD32

Ireland

Phone

353-1-863-9400

Sector

Financial Services

Industry

Asset Management - Global

Employees

N/A

First IPO Date

March 05, 2021

Key Executives

N/A
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Description

This fund primarily allocates capital to the constituents of the S&P 500 ESG Elite Index, with its currency exposure hedged to British Pounds. The portfolio's company weightings are designed to precisely mirror those within the benchmark index. Its overarching objective is to replicate the price and total return performance of the GBP-hedged S&P 500 ESG Elite Index, net of all associated costs. It's worth noting that the fund's market price may diverge from its net asset value. This specific share class integrates a currency hedging strategy, seeking to mitigate the impact of fluctuations between the British Pound and the US Dollar. The fund's management approach is entirely passive.

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