UBS ETFs on MSCI Brazil launched on Xetra

Two new exchange-listed equity index funds from the issuer UBS Global Asset Management have been tradable in Deutsche Börse’s XTF segment since Friday.

ETF name: UBS (Irl) ETF plc – MSCI Brazil (USD) I-dis
Asset class: equity index ETF
ISIN: IE00B7VZ2C84
Total expense ratio: 0.43 percent
Distribution policy: distributing
Benchmark: MSCI Brazil Index

ETF name: UBS (Irl) ETF plc – MSCI Brazil (USD) A-dis
Asset class: equity index ETF
ISIN: IE00B6SBCY47
Total expense ratio: 0.60 percent
Distribution policy: distributing
Benchmark: MSCI Brazil Index

The two new UBS ETFs enable investors to participate in the performance of enterprises based in Brazil. The MSCI Brazil Index covers large and mid cap companies with a total market capitalisation of 84%. The difference between the two UBS ETFs is the asset class. The class “I” ETF is aimed primarily at institutional investors, and the class “A” ETF at private clients.

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 999 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of €12 billion, makes Xetra Europe’s leading trading venue for ETFs.