UBS MSCI USA Climate Paris Aligned UCITS ETF USD acc

The Fund is passively managed and seeks to track performance of the MSCI USA Climate Paris Aligned PAB USD Net Total Return Index (the 'Index'). The Index is an equity index denominated in USD and includes large and mid-cap securities of US companies. The Index is designed support investors seeking to reduce their exposure to transition and physical climate risks and who wish to pursue opportunities arising from the transition to a lower-carbon economy while aligning with the Paris Agreement requirements. The Index seeks to achieve this through overweighting companies on a credible path to de-carbonisation or offering green solutions, while also underweighting companies that are poorly positioned for the transition to a lower-carbon economy and by limiting exposure to growing physical risk. This Fund will seek to hold the majority of the securities of the Index, with the approximate weightings as in the Index, so that essentially, the portfolio of the Fund will be a near mirror-image of the components of the Index. The Fund may also 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 of generating additional capital or income, use derivative instruments. The use of derivative instruments may multiply the gains or losses made by the Fund on a given investment of on its investments generally.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 on the performance of the tracked index.

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No