UBS IQ MSCI World ex Australia Ethical ETF (UBW)
The Fund
UBW provides a diversified exposure across Global equity markets ex Australia and aims to replicate the performance of the MSCI World ex Australia ex Tobacco ex Controversial Weapons Index, before fees and expenses by physically holding the shares within the underlying Index.
The Index
The MSCI World ex Australia ex Tobacco ex Controversial Weapons Index captures large and mid-cap representation across 22 of 23 developed markets countries (excluding Australia). With approximately 1,550 constituents, the Index covers approximately 85% of the free float-adjusted market capitalisation in each country. The Index excludes companies with significant business activities involving tobacco and those engaged in the production of cluster bombs, landmines, chemical and biological weapons and depleted uranium weapons. This exclusion is the sole difference between the Index for the Fund and its parent index. As a result of the screen there are eleven companies screened out of the parent index. Constituent selection is based on data from MSCI research.
Key benefits
- International Exposure: Gain exposure to securities listed on global exchanges of 22 of 23 developed markets countries.
- Diversification: Access a diversified core portfolio of global shares in one ASX transaction
- No W-8 BEN form: Simplified tax administration compared to cross-listed ETF's
- Low Cost: ETFs are generally cheaper than traditional managed funds
Trading
To purchase a UBS IQ MSCI World ex Australia Ethical ETF contact your broker or financial advisor.
Fund details |
|
Name of Fund |
UBS IQ MSCI World ex Australia Ethical ETF |
ASX Code |
UBW |
ISIN |
AU000000UBW3 |
Currency |
AUD (Unhedged) |
Launch date |
18 February 2015 |
ETF share class NAV |
$28,559,686.52 |
Total Fund NAV |
$46,391,501.77 |
NAV per unit (AUD) |
24.58 |
NAV date |
18 April 2018 |
Number of ETF share class units |
1,162,132.00 |
Typical number of holdings |
1,550 |
Management costs (p.a.) |
0.35% |
Distribution Frequency |
Annually |
Domicile |
Australia |
Index Details |
|
Index name |
MSCI World ex Australia ex Tobacco ex Controversial Weapons Index |
Typical number of holdings |
1,550 |
Reweighting frequency |
Quarterly |
Index ticker (Bloomberg) |
M7CXUBSF Index |
Daily index level |
1,568.98 |
Trading Information |
|
ASX Code |
UBW |
ETF Bloomberg ticker |
UBW AU |
ETF IRESS ticket |
UBW.AXW |
Trading hours |
10am - 4.10pm |