UBS IQ MSCI USA Ethical ETF (UBU)

The Fund  

UBU provides a diversified core exposure to the US equity market and aims to replicate the performance of the MSCI USA ex Tobacco ex Controversial Weapons Index, before fees and expenses by physically holding the shares within the underlying Index.

The Index  

The MSCI USA ex Tobacco ex Controversial Weapons Index is designed to measure the performance of the large and mid cap segments of the US market. With approximately 610 constituents, the Index covers approximately 85% of the free float-adjusted market capitalisation in the US. 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 seven 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 in the US.
  • Diversification: Access a diversified portfolio of US shares in one ASX transaction
  • Low Cost: ETFs are generally cheaper than traditional managed funds
  • No W-8 BEN form: Simplified tax administration compared to cross-listed ETF's

Trading 

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

Fund details

Name of Fund

UBS IQ MSCI USA Ethical ETF

ASX Code

UBU

ISIN

AU000000UBU7

Currency

AUD (Unhedged)

Launch date

18 February 2015

UBU share class NAV

$5,218,154.30

Total Fund NAV

$5,218,154.30

NAV per unit (AUD)

20.86

NAV date

26 September 2016

Number of ETF share class units

250,147.00

Typical number of holdings

610

Management costs (p.a.)

0.20%

Distribution Frequency

Annually

Domicile 

Australia

Index details

Index name

MSCI USA ex Tobacco ex Controversial Weapons Index 

Typical number of holdings

610

Reweighting frequency

Quarterly 

Index ticker (Bloomberg)

M7CXUBSG Index

Daily index level

1,358.96

Trading information

ASX Code

UBU

ETF Bloomberg ticker

UBU AU

ETF IRESS ticket

UBU.AXW

Trading hours

10am - 4.10pm