UBS ETF In order to proceed, you must confirm that you are an institutional investor based in Portugal.

For marketing and information purposes by UBS. CNMV registration number (Comisión Nacional del Mercado de Valores): .  Representative in Spain for UBS funds established under foreign law: UBS Bank, S.A., MARÍA DE MOLINA, 4, E-28006 MADRID. Prospectuses, simplified prospectuses or Key investor information, the articles of association or the management regulations as well as annual and semi-annual reports of UBS funds are available free of charge from UBS, MARÍA DE MOLINA Nº 4, 28006 MADRID / AVENIDA DIAGONAL Nº 640, 2º A, E-08017 BARCELONA / FERNÁNDEZ Y GONZÁLEZ Nº 2, PLANTA PRINCIPAL, E-41001 SEVILLA / C/ROGER DE LAURIA Nº 7, 1ª PLANTA, 46002 VALENCIA / COSO Nº 33, 5º A, 50003 ZARAGOZA, CANTÓN PEQUEÑO 15, 4º, 15003 A CORUÑA. Before investing in a product please read the latest prospectus carefully and thoroughly. 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 AG. Source for all data and charts (if not indicated otherwise): UBS Asset Management

Currency hedged Reduce currency risks 

Currency hedging

When it comes to your equity investments, concentrate solely on the markets themselves: With the currency-hedged UBS ETFs based on equity indices, you hedge your portfolio against exchange rate fluctuations – cost-effectively, efficiently and transparently. Investing with UBS ETFs allows for a secure currency hedging strategy. 

Your benefits of investing in UBS ETFs currency hedged at a glance

  • Reduced foreign currency risk.
  • Cost efficient access to currency hedged indices.
  • Transparent currency-hedging methodology with one month forward FX contracts.
  • Physical replication of the index market exposures.
  • Distributing and accumulating share classes available.
  • UCITs compliant fund structure.
  • Widest range of currency-hedged ETFs in Europe.*

Exchange rate fluctuations have many causes, whether central banks' monetary policy, external trade imbalances or unexpected political changes. In difficult phases in particular, these fluctuations can drive either profits or losses on stock markets.

With UBS ETFs, however, investors can concentrate completely on their equity strategies – UBS Asset Management offers you a wide range of physically replicated ETFs based on equity indices with currency hedging. This transparent currency hedging strategy helps you to reduce exchange rate risk and optimize your return opportunities.

Performance of MSCI Japan indices and JPY/CHF exchange rate

This example illustrates just how significantly currency fluctuations can impact returns: Calculated in Japanese yen (JPY), the MSCI Japan Index generated a return of 11.28% p.a. between March 2009 and March 2014. Due to exchange rate losses against the franc (CHF), however, Swiss investors only saw a return of 4.90% p.a. With currency hedging in CHF, the annualized return was 9.28%, almost twice as high.

With UBS ETFs, investors can hedge their portfolio in four currencies: Swiss francs (CHF), euros (EUR), US dollars (USD) and the pound sterling (GBP). The currency-hedged ETFs offer access to the equity markets in the Eurozone, the US, Switzerland, Japan, Australia and Canada. This allows UBS Asset Management to offer investors the widest range of currency-hedged ETFs in Europe.*

CHF

EUR

USD

GBP

MSCI Australia UCITS ETF

MSCI Australia UCITS ETF

MSCI Australia UCITS ETF

MSCI Australia UCITS ETF

MSCI Canada UCITS ETF

MSCI Canada UCITS ETF

MSCI Canada UCITS ETF

MSCI Canada  UCITS ETF

MSCI Japan UCITS ETF

MSCI Japan UCITS ETF

MSCI Japan UCITS ETF

MSCI Japan UCITS ETF

MSCI United Kingdom UCITS ETF

MSCI United Kingdom UCITS ETF

MSCI United Kingdom UCITS ETF

MSCI EMU UCITS ETF

MSCI EMU UCITS ETF

MSCI USA UCITS ETF

MSCI EMU UCITS ETF

MSCI USA UCITS ETF

MSCI USA UCITS ETF

MSCI Switzerland UCITS ETF

MSCI Switzerland UCITS ETF

MSCI Switzerland UCITS ETF

 

MSCI Switzerland

MSCI Switzerland

MSCI Switzerland

UBS ETFs hedge the foreign currencies of the replicated indices by selling foreign currency forwards at the one-month forward rate. The sum of the sold forwards as at the last trading day of the month corresponds to the market capitalization weighting of the equities contained in the index. These securities are valued in the respective currency two trading days before the first calendar day of the following month. The amount hedged remains constant over the entire month.

The overall return of a currency-hedged UBS ETF therefore comprises two components:

  1. The return of the non-currency-hedged index in the selected reference currency.
  2. The profit or loss arising from the forward contract in the selected reference currency

Source: MSCI. UBS Asset Management. For illustrative purpose only.

Currency hedged ETFs in focus

Fundname ISIN Replication Fee Last NAV
Currency
Fact sheet

UBS ETF (LU) MSCI Canada UCITS ETF (hedged to EUR) A-accLU1130155606

Physical

0.43%

17.6895 EUR

Fund description

The fund generally invests in stocks contained in the MSCI Canada Index. The relative weightings of the companies correspond to their weightings in the index.The investment objective is to replicate the price and return performance of the MSCI Canada Index net of fees. The stock exchange price may differ from the net asset value.

UBS ETF (LU) MSCI Japan hedged to USD UCITS ETF (USD) A-accLU0977260867

Physical

0.45%

24.6495 USD

Fund description

The fund invests in large and mid cap stocks which are contained in the MSCI Japan hedged to USD index.The relative weightings of the components correspond to their weightings in the index.The investment objective is to replicate the price and yield performance of the MSCI Japan hedged to USD.

UBS ETF (IE) MSCI Australia UCITS ETF (hedged to CHF) A-accIE00BX7RS779

Physical

0.50%

19.5759 CHF

Fund description

The fund generally invests in large and mid cap stocks which are contained in the MSCI Australia 100% hedged to CHF index. The relative weightings of the components correspond to their weightings in the index.The investment objective is to replicate the price and yield performance of the MSCI Australia 100% hedged to CHF.The purpose of the Currency Hedge is to limit the profit or loss generated from foreign exchange exposure when holding an Australian Dollar denominated asset in a currency other than AUD.

UBS ETF (LU) MSCI EMU Socially Responsible UCITS ETF (hedged to CHF) A-accLU1273642816

Physical

0.38%

19.3842 CHF

Fund description

The fund generally invests in stocks contained in the MSCI EMU Socially Responsible 5% Issuer Capped 100% hedged to CHF Index. The relative weightings of the companies correspond to their weightings in the index.The investment objective is to replicate the price and return performance of the MSCI EMU Socially Responsible 5% Issuer Capped 100% hedged to CHF Index net of fees. The stock exchange price may differ from the net asset value.

UBS ETF (IE) MSCI USA hedged CHF UCITS ETF (CHF) A-accIE00BD4TYL27

Physical

0.19%

24.5887 CHF

Fund description

The fund generally invests in large and mid cap stocks which are contained in the MSCI USA hedged to CHF index. The relative weightings of the components correspond to their weightings in the index.The investment objective is to replicate the price and yield performance of the MSCI USA 100% hedged to CHF.

UBS ETF (IE) Factor MSCI USA Low Volatility UCITS ETF (hedged to GBP) A-disIE00BXDZNF85

Physical

0.35%

14.5735 GBP

Fund description

The fund generally invests in US large and mid cap stocks which are contained in the MSCI USA Select Dynamic 50% Risk Weighted 100% hedged to GBP Total Return Net index. The relative weightings of the companies correspond to their weightings in the index.The investment objective is to replicate the price and return performance of the MSCI USA Select Dynamic 50% Risk Weighted 100% hedged to GBP Total Return Net index net of fees. The stock exchange price may differ from the net asset value.The purpose of the Currency Hedge is to limit the profit or loss generated from foreign exchange exposure when holding an US Dollar denominated asset in a currency other than US Dollars.

UBS ETF (IE) MSCI United Kingdom IMI Socially Responsible UCITS ETF (hedged to USD) A-accIE00BYNQMM85

Physical

0.38%

19.5193 USD

Fund description

The fund generally invests in stocks contained in the MSCI UK IMI Extended SRI 5% Issuer Capped 100% hedged to USD Index. The relative weightings of the companies correspond to their weightings in the index.The investment objective is to replicate the performance of the MSCI UK IMI Extended SRI 5% Issuer Capped 100% hedged to USD Index.The stock exchange price may differ from the net asset value.

UBS ETF (IE) MSCI ACWI ESG Universal UCITS ETF (hedged to EUR) A-accIE00BDQZN337

Physical

0.48%

11.5506 EUR

Fund description

The fund generally invests in the MSCI ACWI ESG Universal 5% Issuer Capped with Developed Markets 100% hedged to EUR Index. The relative weightings of the companies correspond to their weightings in the index.The investment objective is to replicate the price and return performance of the MSCI ACWI ESG Universal 5% Issuer Capped with Developed Markets 100% hedged to EUR Index net of fees. The stock exchange price may differ from the net asset value.

UBS ETF (IE) Factor MSCI USA Prime Value UCITS ETF (hedged to GBP) A-disIE00BXDZNH00

Physical

0.35%

11.2694 GBP

Fund description

The fund generally invests in US large and mid cap stocks which are contained in the MSCI USA Prime Value 100% hedged to GBP Total Return Net index. The relative weightings of the companies correspond to their weightings in the index.The investment objective is to replicate the price and return performance of the MSCI USA Prime Value 100% hedged to GBP Total Return Net Index net of fees. The stock exchange price may differ from the net asset value.The purpose of the Currency Hedge is to limit the profit or loss generated from foreign exchange exposure when holding an US Dollar denominated asset in a currency other than US Dollars.

UBS ETF (LU) Factor MSCI EMU Quality UCITS ETF (hedged to USD) A-accLU1215452258

Physical

0.38%

23.9007 USD

Fund description

The fund generally invests in European large and mid cap stocks which are contained in the MSCI EMU Quality 100% hedged to USD Index. The relative weightings of the companies correspond to their weightings in the index.The investment objective is to replicate the price and return performance of the MSCI EMU Quality 100% hedged to USD Index net of fees. The stock exchange price may differ from the net asset value.

UBS ETF (LU) Factor MSCI EMU Total Shareholder Yield UCITS ETF (hedged to GBP) A-disLU1215456754

Physical

0.38%

10.0277 GBP

Fund description

The fund generally invests in European large and mid cap stocks which are contained in the MSCI EMU Total Shareholder Yield 100% hedged to GBP Total Return Net index. The relative weightings of the companies correspond to their weightings in the index.The investment objective is to replicate the price and return performance of the MSCI EMU Total Shareholder Yield 100% hedged to GBP Total Return Net Index net of fees. The stock exchange price may differ from the net asset value.

UBS ETF (LU) MSCI Japan UCITS ETF (hedged to GBP) A-disLU1169822340

Physical

0.45%

10.941 GBP

Fund description

The fund generally invests in Japanese large and mid cap stocks which are contained in the MSCI Japan index. The relative weightings of the companies correspond to their weightings in the index.The fund invests in shares and currency hedges according to the respective composition of the index. The investment objective is to replicate the price and yield performance of the MSCI Japan 100% hedged to GBP.

UBS ETF (LU) MSCI EMU hedged USD UCITS ETF (USD) A-disLU0937835576

Physical

0.28%

26.087 USD

Fund description

The fund generally invests in European large and mid cap stocks which are contained in the MSCI EMU index. The relative weightings of the components correspond to their weightings in the index.The investment objective is to replicate the price and yield performance of the MSCI EMU hedged to USD.

UBS ETF (LU) Factor MSCI EMU Quality UCITS ETF (hedged to GBP) A-disLU1215452332

Physical

0.38%

11.4926 GBP

Fund description

The fund generally invests in European large and mid cap stocks which are contained in the MSCI EMU Quality 100% hedged to GBP Total Return Net index. The relative weightings of the companies correspond to their weightings in the index.The investment objective is to replicate the price and return performance of the MSCI EMU Quality 100% hedged to GBP Total Return Net index net of fees. The stock exchange price may differ from the net asset value.

UBS ETF (LU) MSCI UK hedged EUR UCITS ETF (EUR) A-disLU0937836970

Physical

0.30%

16.0339 EUR

Fund description

The fund generally invests in large and mid cap stocks which are contained in the MSCI United Kingdom index.The relative weightings of the components correspond to their weightings in the index.The fund invests in shares and currency hedges according to the respective composition of the index.The investment objective is to replicate the price and yield performance of the MSCI United Kingdom100% hedged to EUR.

UBS ETF (LU) MSCI UK hedged EUR UCITS ETF (EUR) A-accLU0950671239

Physical

0.30%

19.2374 EUR

Fund description

The fund generally invests in large and mid cap stocks which are contained in the MSCI United Kingdom index.The relative weightings of the components correspond to their weightings in the index.The fund invests in shares and currency hedges according to the respective composition of the index.The investment objective is to replicate the price and yield performance of the MSCI United Kingdom100% hedged to EUR.

UBS ETF (IE) MSCI ACWI Socially Responsible UCITS ETF (hedged to GBP) A-disIE00BDR55B48

Physical

0.48%

10.1201 GBP

Fund description

The fund generally invests in the MSCI ACWI SRI 5% Issuer Capped with Developed Markets 100% hedged to GBP Index. The relative weightings of the companies correspond to their weightings in the index.The investment objective is to replicate the price and return performance of the MSCI ACWI SRI 5% Issuer Capped with Developed Markets 100% hedged to GBP Index net of fees. The stock exchange price may differ from the net asset value.

UBS ETF (IE) MSCI ACWI ESG Universal UCITS ETF (hedged to USD) A-accIE00BDQZN113

Physical

0.48%

12.7232 USD

Fund description

The fund generally invests in the MSCI ACWI ESG Universal 5% Issuer Capped with Developed Markets 100% hedged to USD Index. The relative weightings of the companies correspond to their weightings in the index.The investment objective is to replicate the price and return performance of the MSCI ACWI ESG Universal 5% Issuer Capped with Developed Markets 100% hedged to USD Index net of fees. The stock exchange price may differ from the net asset value.

UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (hedged to EUR) A-accIE00BWT3KN65

Physical

0.35%

21.7098 EUR

Fund description

The fund generally invests in US large and mid cap stocks which are contained in the MSCI USA Quality 100% hedged to EUR index. The relative weightings of the companies correspond to their weightings in the index.The investment objective is to replicate the price and return performance of the MSCI USA Quality 100% hedged to EUR index net of fees. The stock exchange price may differ from the net asset value.The purpose of the Currency Hedge is to limit the profit or loss generated from foreign exchange exposure when holding an US Dollar denominated asset in a currency other than US Dollars.

UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF (hedged to CHF) A-accIE00BDGV0C91

Physical

0.40%

15.2821 CHF

Fund description

The investment objective is to replicate the price and return performance of the MSCI USA Select Factor Mix 100% hedged to CHF Index net of fees. The stock exchange price may differ from the net asset value.The fund generally invests in US stocks which are contained in the MSCI USA Select Factor Mix 100% hedged to CHF Index.


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