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 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.

• 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

To purchase a UBS IQ MSCI World ex Australia Ethical ETF contact your broker or financial advisor.