Four new exchange-traded equity index funds issued by UBS ETF SICAV have launched on Deutsche Börse’s XTF segment.
Three of the ETFs, UBS ETF – MSCI United Kingdom 100% hedged to EUR UCITS ETF (EUR) A-acc; UBS ETF – MSCI Canada 100% hedged to EUR UCITS ETF (EUR) A-acc; and UBS ETF – MSCI Japan 100% hedged to EUR UCITS ETF (EUR) A-acc, enable investors to participate in the development of UK and Canadian equity markets for the first time and also benefit from hedging against exchange rate fluctuations between the euro and the dollar.
The underlying reference indices of the MSCI index family are weighted according to free float market capitalisation and track the performance of the equity markets in Japan, the UK and Canada respectively.
The fourth ETF, the UBS ETFs plc – MAP Balanced 7 UCITS ETF SF (USD) A-acc, is an actively managed ETF enabling investors to participate in the performance of the multi asset portfolio (MAP) strategy.
The fund strategy comprises four asset classes: bonds, equities, commodities and cash. Each of these classes contributes to risk distribution in terms of its volatility (risk parity). This means that investors can invest in all four asset classes with a single investment. Allocation of the asset classes is optimised using the UBS Dynamic Equity Risk Indicator (DERI) sentiment barometer, which measures risk appetite on the financial markets.