UBS IQ MSCI Europe Ethical ETF (UBE)

The Fund  

UBE provides a diversified core exposure across European equity markets and aims to replicate the performance of the MSCI Europe ex Tobacco ex Controversial Weapons Index, before fees and expenses by physically holding the shares within the underlying Index.

The Index  

The MSCI Europe ex Tobacco ex Controversial Weapons Index captures the large and mid-cap representation across 15 developed markets countries in Europe. With approximately 430 constituents, the Index covers approximately 85% of the free float-adjusted market capitalisation across European developed markets equity universe. 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 three 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 developed market exchanges in Europe
  • Diversification: Access a diversified core portfolio of European shares in one ASX transaction
  • Low Cost: ETFs are generally cheaper than traditional managed funds
  • Ease of access & Liquidity: Trade units in the ETF as simply as trading any other ASX listed share

Trading 

To purchase a UBS IQ MSCI Europe Ethical ETF contact your broker or financial advisor. 

Fund details

Name of Fund

UBS IQ MSCI Europe Ethical ETF

ASX Code

UBE

ISIN

AU000000UBE1

Currency

AUD (Unhedged)

Launch date

18 February 2015

UBE share class NAV

$6,726,704.01

Total Fund

$6,726,704.01

NAV per unit (AUD)

17.91

NAV date

28 September 2016

Number of ETF share class units

375,534.00

Typical number of holdings

430

Management costs (p.a.)

0.40%

Distribution Frequency

Annually

Domicile 

Australia

Index details

Index name

MSCI Europe ex Tobacco ex Controversial Weapons Index 

Typical number of holdings

430

Reweighting frequency

Quarterly 

Index ticker (Bloomberg)

M7CXUBSH Index

Daily index level

1,092.64

Trading information

ASX Code

UBE

ETF Bloomberg ticker

UBE AU

ETF IRESS ticket

UBE.AXW

Trading hours

10am - 4.10pm