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UBS Global Asset Management lists three Exchange Traded Funds (ETFs) tracking commodities indices on the LSE

London | | Media Releases EMEA

 

London, 8 February 2013 – UBS Global Asset Management lists three new exchange traded funds (ETFs) on the London Stock Exchange. The additional UBS ETFs are physical replication ETFs based on the Solactive commodities indices and will give investors access to gold, copper and oil.

UBS Global Asset Management offers investors looking to benefit from commodity markets movements three new UBS ETFs, providing them with efficient and UCITS-compliant product solutions for gaining exposure to gold, copper and oil via those companies involved in the exploration and production of these commodities.

Andrew Walsh, UBS Head of ETF UK: “These new ETFs give investors a UCITS-compliant option to gain access to individual commodities via physically replicating ETFs. The ETFs make up a widely diversified basket of global companies from the gold, copper and oil industries. The underlying constituents’ share price movements themselves have a strong correlation to movements in the respective commodities to which they are exposed. Changes in value of these underlying stocks within the indices have an immediate impact on the value of the ETFs.”

  • UBS-ETF Solactive Global Pure Gold Miners
    The ETF is based on the Solactive Global Pure Gold Miners Net Total Return Index which currently includes 25 international gold mining stocks. The companies each have a market capitalization of USD 1 billion and all generate a minimum of 90 per cent of their sales from gold mining activities.
  • UBS-ETF Solactive Global Copper Mining
    The ETF is based on the Solactive Global Copper Mining Net Total Return Index which currently includes 27 international copper producers. The market capitalization of each underlying constituent is above USD 200 million, are active in the exploration & production of copper and generally have a high correlation with the price of copper.
  • UBS-ETF Solactive Global Oil Equities
    The ETF is based on the Solactive Global Oil Equities Net Total Return Index. This currently includes 25 international oil companies whose market capitalization is at least USD 1 billion. These companies generally have a high correlation with the movements in the price of oil.

The new UBS ETFs are available in two unit classes each: an attractively priced class “A“, and a class ”I“ which is offered to investors looking to trade in large volumes. The class “I” ETFs carry an even more competitive total expense ratio (TER) than the class “A”. The fund currency of all three newly listed UBS ETFs is USD. The ETFs in class “A” are traded on the London Stock Exchange in GBp, those in unit class “I” are traded in USD.  Commerzbank AG ensures competitive liquidity on the secondary market with narrow bid/ask spreads for all UBS ETFs listed on the London Stock Exchange. All new UBS ETFs are domiciled in Ireland.

New UBS ETFs on the London Stock Exchange:

Name

Trading currency

TER

ISIN

Bloomberg

UBS-ETF Solactive Global Pure
Gold Miners (USD) A

GBp

0.60%

IE00B7KMNP07

UC53 LN

UBS-ETF Solactive Global Pure
Gold Miners (USD) I

USD

0.43%

IE00B7KMTJ66

UC54 LN

 

UBS-ETF Solactive Global Copper Mining (USD) A

GBp

0.65%

IE00B7JM9X10

UC49 LN

UBS-ETF Solactive Global Copper Mining (USD) I

USD

0.48%

 

IE00B7JMFQ66

UC50 LN

UBS- ETF Solactive Global Oil Equities (USD) A

GBp

0.50%

IE00B5PYL424

UC51 LN

UBS-ETF Solactive Global Oil Equities (USD) I

USD

0.33%

IE00B7KYPQ18

UC52 LN

 

Further information is available at: www.ubs.com/etf

UBS AG
 

Contact Media Relations UK: +44 20 7466 5053
Contact UBS ETF UK: Andrew Walsh: +44 20790 15901

www.ubs.com

Notes to Editors

UBS Exchange Traded Funds

UBS Exchange Traded Funds (UBS ETFs) have a long history of success in providing clients with investment solutions. The assets under management in UBS ETFs amount to more than EUR 9 billion. That makes UBS one of the leading ETF providers in Europe. UBS offers ETFs based on equities, bonds, real estate, commodities and alternative investments, along with impressive, innovative products that open up new opportunities to investors. Across Europe, investors have UBS ETFs tracking more than 80 indices to choose from. What makes them unique is the division of the ETFs on offer into different unit classes: a competitively priced share class "A" and a share class "I" offered at a lower fee level to large volume investors. UBS ETFs are listed on the Borsa Italiana, the German Stock Exchange (XETRA), the London Stock Exchange (LS), the OMX Nasdaq, the SIX Swiss Exchange, and the Stuttgart Stock Exchange. You can find out more about UBS ETFs at www.ubs.com/etf.

 

UBS Global Asset Management

UBS Global Asset Management, a business division of UBS, is a large-scale asset manager with well-diversified businesses across regions, capabilities and distribution channels. It offers investment capabilities and investment styles across all major traditional and alternative asset classes. These include equity, fixed income, currency, hedge fund, real estate, infrastructure and private equity investment capabilities that can also be combined in multi-asset strategies.
Invested assets totalled some EUR 487 billion (USD 625, CHF 588, GBP 388) at 30 September 2012. The firm is a leading fund house in Europe, the largest mutual fund manager in Switzerland* and one of the largest fund of hedge funds and real estate investment managers in the world.
We have around 3,800 employees located in 24 countries. Our main offices are in London, Chicago, Frankfurt, Hartford, Hong Kong, New York, Paris, Singapore, Sydney, Tokyo and Zurich.

*Source: Lipper/Swiss Fund Data Swiss Promoters report (as of 30 September 2012).

 

UBS AG

UBS draws on its 150-year heritage to serve private, institutional and corporate clients worldwide, as well as retail clients in Switzerland. Its business strategy is centered on its pre-eminent global wealth management businesses and its universal bank in Switzerland. Together with a client-focused Investment Bank and a strong, well-diversified Global Asset Management business, UBS will expand its premier wealth management franchise and drive further growth across the Group. 

UBS is present in all major financial centers worldwide. It has offices in more than 50 countries, with about 35% of its employees working in the Americas, 36% in Switzerland, 17% in the rest of Europe, the Middle East and Africa and 12% in Asia Pacific. UBS employs about 64,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).