UBS launches new gender equality and factor strategy ETFs on Xetra
UBS Global Asset Management has launched two new ETFs on Xetra and Börse Frankfurt – the UBS ETF (IE) Global Gender Equality UCITS ETF (hedged to EUR) A-acc, and the The UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF (USD) A-acc.
The gender equality fund offers investors access to companies that are highly committed to sustainability and gender equality. The Solactive Equileap Global Gender Equality 100 Leaders Index comprises 100 companies worldwide that are rated particularly highly according to the 19 defined gender criteria of Equileap, an independent research organisation for gender equality. Companies involved in weapons, gambling and tobacco or on the list of the Norwegian Ethics Council are excluded. The exchange rate risk against the euro is minimised.
The factor strategy ETF gives investors the opportunity to invest in US companies from various sectors. A strategic multi-factor approach is chosen for the portfolio composition. The underlying MSCI USA Select Factor Mix Index is based on a combination of six factor indices and tracks the performance of long-term risk factors such as momentum, net asset value, quality, shareholder return, volatility and size.