UBS Sustainable Development Bank Bonds UCITS ETF hCHF acc

This sub-fund is passively managed and will take proportionate exposure on the components of the Solactive Global Multilateral Development Bank Bond USD 25% Issuer Capped hedged to CHF Index (Total Return).The Index is mostly composed of Multilateral Development Banks bonds. The consideration of non-financial criteria have a significant impact, more than 90% of the assets are invested into bonds providing exposure to Multilateral Development Banks. By adopting the ESG methodology of the Reference Benchmark Index, the Fund applies the extra-financial indicator upgrade approach for the purposes of the AMF Rules, aiming for a better non financial indicator value. The MSCI ESG Score of the Fund as the relevant extra-financial indicator of the Fund will be at least 20% higher than the MSCI ESG Score of the Parent Index. For each security, a decision is made based on its investment characteristics as whether it should be considered for inclusion in the sub-fund replicating the index. The proportionate exposure by the sub-fund to the component securities will be substantially achieved either through direct investment or through the use of derivatives or through a combination of both techniques. The sub-fund may hold securities which are not comprised in its Index if the portfolio manager believes this to be appropriate considering the sub-fund's investment objective and the investment restrictions or other factors. The sub-fund can make use of derivatives in particular where it may not be possible or practicable to replicate the index through direct investments or in order to generate efficiencies in gaining exposure to the index. Exposure to the index through direct replication may be affected by rebalancing costs, while exposure to the index through derivatives may be affected by derivative trading costs. The use of OTC derivatives engenders counterparty risk which is however mitigated by UBS (Lux) Fund Solutions collateral policy. This sub-fund has a sustainable investm

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No