UBS S&P 500 Climate Transition ESG UCITS ETF USD acc

The Fund is passively managed and seeks to track performance of the S&P 500 Climate Transition Base ESG Index (Net Return) (the 'Index'). The S&P Climate Transition Base Index Series measures the performance of eligible equity securities from an underlying parent index selected and weighted to be collectively compatible with the transition to a low-carbon and climate resilient economy. The indices apply exclusions based on companies' involvement in specific business activities, violations of the principles of the United Nations' Global Compact, and involvement in relevant ESG controversies, all outlined in Eligibility Criteria. The Fund invests at least 90% of its total net assets in securities that are constituents of the Index and the Index Provider applies ESG scores on all of the index constituents. The Index is eliminating at least 20% of the least well-rated securities as against the standard index universe. It is, therefore, expected that the Fund's resulting ESG score will be higher than the ESG score of a Fund tracking a standard index. The Fund does not benefit from an SRI label. In seeking to implement its investment objective of tracking the performance of the Index, the Fund may also in exceptional circumstances hold securities which are not comprised in its Index, including, for example, securities in respect of which there has been an announcement or it is expected that they will shortly be included in the Index. The Fund may, for the purpose of reducing risk, reducing costs or generating additional capital or income, use derivative instruments. The use of derivative instruments may multiply the gains or losses made by the Fund on given investment or on its investments generally. Currency hedged share classes may also be available in the Fund.This sub-fund promotes environmental and/or social characteristics but does not have a sustainable investment objective. The Fund will not enter into any securities lending.The return of the fund depends mainly o

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No