UBS ETF announces the extension of its Australia equity offering on the London Stock Exchange:…..
Name : UBS ETF(IE) MSCI Australia UCITS ETF
Trading CCY: GBp
Bloomberg: AUAD LN
The ETF invests in large and mid-cap stocks which are contained in the MSCI Australia Index. The ETF employs full physical replication and the relative constituent weightings of the fund correspond to their weightings in the index.
The investment objective is to replicate the price and yield performance of the MSCI Australia (Net Return) index. It is a distributing share class and complements the existing accumulating and currency hedged versions which are already listed on the LSE.