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. The Index excludes securities issued from 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

$15,185,009.12

Total Fund NAV

$31,156,777.59

NAV per unit (AUD)

20.23

NAV date

23 September 2016

Number of ETF share class units

750,544.00

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

1,279.42

Trading Information

ASX Code

UBW

ETF Bloomberg ticker

UBW AU

ETF IRESS ticket

UBW.AXW

Trading hours

10am - 4.10pm