First ETF on S&P 500 with focus on sustainable US companies….
The new equity ETFs allow investors to invest in the performance of companies from the S&P 500 Index that meet strict sustainability criteria for the first time.
The S&P 500 ESG Index tracks 75 percent of the market capitalisation of the S&P 500 Index and includes U.S. equity companies that have a particularly high rating compared to their competitors in the areas of environmental protection, social responsibility and corporate governance.
The index is weighted by market capitalisation.
Investors can choose between a distributing and an accumulating share class.
UBS (Irl) ETF plc – S&P 500 ESG UCITS ETF (hedged to EUR) A-acc
Ongoing charges: 0.22 per cent
Distribution policy: Accumulating
Reference index: S&P 500 Index ESG EUR hedged (Net Return)
The accumulating share class uses a hedging strategy to minimize the exchange rate risk between the base currency (US dollar) of the index components and the euro and is tradable in euros.
UBS (Irl) ETF plc – S&P 500 ESG UCITS ETF (USD) A-dis
Ongoing charges: 0.12 per cent
Distribution policy: Distributing
Reference index: S&P 500 ESG Index
The distributing share class is tradable in US dollars.