UBS Factor MSCI USA Low Volatility UCITS ETF hEUR acc (UBUV.DE) XETRA

Currency In EUR

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UBS Factor MSCI USA Low Volatility UCITS ETF hEUR acc

Sector

Financial Services

Industry

Asset Management - Global

Employees

N/A

First IPO Date

January 13, 2016

Key Executives

N/A
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Description

This investment product primarily allocates capital to large and mid-capitalization US equities, specifically those comprising the MSCI USA Select Dynamic 50% Risk Weighted 100% hedged to EUR index. Its holdings' proportions directly correspond to their representation within the benchmark. The fund's overarching goal is to precisely mirror the net price and total return performance of this underlying index. It should be noted that the ETF's market trading price may, at times, deviate from its net asset value. A currency hedging strategy is implemented to mitigate the impact of exchange rate fluctuations on US Dollar-denominated assets when observed from a non-US Dollar standpoint. This fund operates under a passive management approach.

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