UBS Global Asset Management lists three more ETFs on the London Stock Exchange

UBS Global Asset Management has listed three additional exchange traded funds (ETFs) on the London Stock Exchange (LSE)….

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UBS is the first asset manager to offer ETFs on MSCI indices for sustainable investments in Europe. The listed ETFs, the UBS-ETF MSCI World Socially Responsible and UBS-ETF MSCI North America Socially Responsible, broaden UBS’s range of ethical offerings. They sit alongside the already listed UBS-ETF MCSI Europe & Middle East Socially Responsible and UBS-ETF MSCI Pacific Socially Responsible.

The UBS-ETF MSCI Brazil tracks the MSCI Brazil index and provides investors with the opportunity to invest in leading large and medium-sized companies from Brazil. The underlying index covers 78 large and mid-cap companies traded on the Brazilian stock market and covers around 84% of the market capitalization in free float.

Clemens Reuter, Head of UBS ETFs, said: “The Socially Responsible ETFs enable investors to integrate their values and principles into their core portfolios. The modular product range covers the world’s major equity regions and is designed to be flexible and easy to implement. Socially Responsible ETFs may be suitable for investors who wish to invest in a broadly diversified portfolio of sustainably managed companies which has a passive management style and aims to achieve returns similar to those of an index. With the UBS-ETF MSCI Brazil, interested investors can profit from the growth in Brazil. The ETF provides a diversified investment solution that easily and flexibly covers the leading companies of Brazil.”

The ETFs are denominated in US dollars. There are two share classes available: the “A” share class is geared toward private clients, while the “I” share class addresses the needs of institutional investors and high net worth individuals. Trading of the A share classes will be in GBp (British pence) and the I share classes are tradeable in USD on the London Stock Exchange. For the Socially Responsible ETFs the selected market makers are Commerzbank AG and UBS AG, for the UBS-ETF MSCI Brazil it is Commerzbank AG. Both ensure competitive liquidity on the secondary market with narrow bid/ask spreads.

In June 2012, UBS Global Asset Management listed a comprehensive product line of 66 ETF share classes on the LSE, replicating 40 indices in equity, fixed income and alternatives. This was the largest one-time ETF listing in the history of the LSE. With today’s listing UBS offers 72 share classes, replicating 43 indices.

New UBS-ETFs at the London Stock Exchange:

Source: ETFWorld.co.uk – UBS