Core Equity ETFs: UBS Asset Management launches new product range
UBS AM is launching a new core product line with equity indices. "With UBS Core ETFs, clients receive affordable, high-quality building blocks for their investment portfolios," says André Mueller, who heads Client Coverage at the fund provider.
7 core equity ETFs in one goHe continued: "As Europe's largest index manager and one of the leading ETF providers, we leverage our scale and expertise to offer our clients a broad range of core ETFs. Furthermore, we plan to offer access to our differentiated range of active fixed income and thematic equity funds through this increasingly popular investment vehicle."
Here is an overview of the newly launched ETFs with total expense ratio (TER):
- UBS Core S&P 500 UCITS ETF 0.03%
- UBS Core MSCI USA UCITS ETF 0.06%
- UBS Core MSCI World UCITS ETF 0.06%
- UBS Core MSCI Emerging Markets UCITS ETF 0.15%
- UBS Core MSCI Japan UCITS ETF 0.12%
- UBS Core MSCI EMU UCITS ETF 0.12%
- UBS Core MSCI Europe UCITS ETF 0.06%
According to UBS AM, the cost savings compared to previous offerings vary. While the fees for the Japan ETF remain constant, those for the S&P 500 ETF fall by two-thirds from 0.09 percent to 0.03 percent.
Dag Rodewald, Head of ETF and Index Fund Sales in Germany and Austria: "Our growing range of ETFs offers our clients a broad selection at a competitive price. We are convinced that our new UBS Core ETFs are among the most cost-effective on the market and represent a first-class choice for investors."
UBS Asset Management is an international wealth manager with 25 locations. Assets under management total $1.8 trillion.
private-banking-magazin
