New equity ETF from UBS on Xetra: access to UK companies with currency hedging

November 17, 2023--Since Friday, a new exchange-traded fund issued by UBS Asset Management has been tradable on Xetra and the trading venue Börse Frankfurt.
The UBS (LU) MSCI United Kingdom UCITS ETF (hedged to EUR) allows investors to invest in a portfolio of UK large-and mid-cap companies.

The underlying benchmark index currently includes 83 companies from various industries, with consumer goods, financial services, energy, and healthcare being the most represented. The three largest companies are Shell, AstraZeneca and HSBC Holdings.