UBS ETF (LU) MSCI EMU Defensive UCITS ETF

UBS ETF (LU) MSCI EMU Defensive UCITS ETF is an exchange-traded fund designed to provide exposure to the most resilient, or 'defensive,' sectors within the eurozone’s equity market. The ETF focuses on major industries such as consumer staples, energy, health care, telecommunications services, and utilities—sectors traditionally regarded as less sensitive to economic cycles and known for their stability during market downturns. By tracking the MSCI EMU Defensive Sectors Capped Index, the fund aims to capture the performance of companies that tend to offer stable earnings and dividends even during periods of economic uncertainty. Its investment strategy employs full physical replication, meaning it directly holds the underlying securities of the index. This fund appeals to investors seeking a diversified portfolio tilt toward defensive European equities, providing a cushion against market volatility while maintaining exposure to established eurozone companies. The ETF accumulates dividends, reinvesting them to support capital growth, and is managed with a competitive expense ratio, underscoring its role as a cost-effective vehicle for accessing defensive themes within the European Monetary Union equity universe.