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In addition to the usual risks referring to market fluctuations, securities and index type, the investor has to be aware that the funds detailed in this document are also exposed to other risks, such as: secondary market negotiations, differences between NAV and market prices, calculation changes, differences in publications of the index on behalf of the index provider, risks connected to the listing of the index components on different markets, risks connected to the use of derivatives.

There are also further risks these funds that replicate equity or bond indexes are exposed to. The investor is therefore required to have an adequate tolerance and capacity to bear such risks.

For a complete analysis of all the risks described we recommend to read carefully the prospectus.

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UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (hedged to EUR) A-acc

Net asset value 10.6341EUR

Last update

17.06.2021

ISIN: LU1852211991

Asset Class: Fixed Income

Sustainability-related disclosures

Environmental or social characteristics promoted by the financial product

The sub-fund integrates sustainability risks into its investment decision by promoting among other characteristics environmental or social characteristics or a combination of those characteristics and the companies included by the Index follow good governance practices. The sub-fund is accordingly classified as an Article 8 Product pursuant to the Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosures in the financial sector (SFDR)

Investment strategy

  • The objective of the Fund is to seek to track the performance of Multilateral Development Bank bonds which focus on Environmental Social and Governance (ESG) considerations. It does so by tracking the Solactive Global Multilateral Development Bank Bond USD 25% Issuer Capped Index. The fund is passively managed. As a result the approach taken in relation to the consideration of ESG criteria is the one taken by Solactive and therefore dependent on the approach and methodology defined by a third party. This reference index to assess sustainability characteristics and risks of the constituents of the index can be found on the website of the index provider.
  • For fixed income subfunds the portfolio manager aims to achieve investors' financial objectives by tracking the reference ESG/SRI benchmark and by replicating top-down index exposures by constructing an optimal portfolio with a strong focus on minimizing transaction costs while managing the tracking error within a defined range.

Reference benchmark

Reference benchmark: Solactive Global Multilateral Development Bank Bond USD 25% Issuer Capped Index.

Monitoring of environmental and social characteristics

The index provider sets the weights based on the ESG metrics provided by the ESG data provider. Neither the portfolio manager nor the management company monitors the screening criteria applied by the index provider or assesses the accuracy of the ESG-related ratings attributed by the index provider to each constituent.

Methodologies

The methodology of the construction of the Index is available on the Solactive internet website: https://www.solactive.com/indices/?se=1&index=DE000SLA57J5

Data sources & processing

The index provider uses Solactive ESG Research as a third-party provider for the ESG characteristics.

Disclaimer

For marketing and information purposes by UBS. UBS funds under Luxembourg law. Representative in Italy for UBS funds, UBS Asset Management (Italia) – SGR S.p.A., Via del Vecchio Politecnico, n. 3, 20121 Milano (MI), Italy. Prospectuses, key investor information (KIID), the articles of association or the management regulations as well as annual and semi-annual reports may be obtained in a language required by the local applicable law free of charge from UBS Asset Management (Italia) – SGR S.p.A., Via del Vecchio Politecnico, n. 3, 20121 Milano (MI), Italy. The product described herein aligns to Article 8 of Regulation (EU) 2019/2088. Before investing in a product please read the latest prospectus carefully and thoroughly. The fund documentation is available free of charge in English and, where relevant, in one of the local language(s) where the fund is registered. The information and opinions contained in this document have been compiled or arrived at based upon information obtained from sources believed to be reliable and in good faith, but is not guaranteed as being accurate, nor is it a complete statement or summary of the securities, markets or developments referred to in the document. Members of the UBS Group may have a position in and may make a purchase and / or sale of any of the securities or other financial instruments mentioned in this document. Units of UBS funds mentioned herein may not be eligible for sale in all jurisdictions or to certain categories of investors and may not be offered, sold or delivered in the United States. The information mentioned herein is not intended to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Past performance is not a reliable indicator of future results. The performance shown does not take account of any commissions and costs charged when subscribing to and redeeming units. Commissions and costs have a negative impact on performance. If the currency of a financial product or financial service is different from your reference currency, the return can increase or decrease as a result of currency fluctuations. This information pays no regard to the specific or future investment objectives, financial or tax situation or particular needs of any specific recipient. The details and opinions contained in this document are provided by UBS without any guarantee or warranty and are for the recipient's personal use and information purposes only. This document may not be reproduced, redistributed or republished for any purpose without the written permission of UBS Asset Management Switzerland AG or a local affiliated company. Source for all data and charts (if not indicated otherwise): UBS Asset Management. More explanations of financial terms can be found at ubs.com/am-glossary. © UBS 2021. The key symbol and UBS are among the registered and unregistered trademarks of UBS. All rights reserved.