New UBS ETF on Xetra: focus on small climate-conscious companies globally with the best-in-class ESG profile

A new exchange-traded fund from issuer UBS Global Asset Management has been tradable on Xetra and Börse Frankfurt since Monday.

With the UBS ETF (IE) MSCI World Small Cap Socially Responsible UCITS ETF (USD) A-acc, investors participate in the performance of companies worldwide that have a small market capitalisation (small caps) and are considered particularly sustainable within their sector (best-in-class approach). In addition, only companies with a low exposure to fossil fuel reserves and low CO2 emissions in relation to their revenue are selected.

The benchmark index currently comprises more than 730 stocks from 27 countries. The weighting of a stock is limited to a maximum of five per cent. Dividend payments are reinvested.

Companies that do not comply with the principles of the United Nations Global Compact, are involved in serious ESG-related controversies, or have significant business activities in the areas of thermal coal, nuclear energy, weapons, gambling, tobacco, or genetically modified organisms are excluded from the index.

NameAsset classISINOn-going chargesDistribution policyReference index
UBS ETF (IE) MSCI World Small Cap Socially Responsible UCITS ETF (USD) A-accEquity ETFIE00BKSCBX740.23 per centAccumulatingMSCI World Small Cap SRI Low Carbon Select 5% Issuer Capped Index

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,693 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.

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Peter Josse

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Published on August 23, 2021

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