Overview
Description
The UBS ETF S&P 500 Equal Weight Accumulating is an exchange-traded fund that seeks to replicate the performance of the S&P 500 Equal Weight Index. Its primary purpose is to provide investors with exposure to the largest companies in the United States by equally weighting each constituent, thereby mitigating concentration risks associated with traditional capitalization-weighted indices. This unique approach ensures diversified exposure across all sectors of the U.S. economy, offering balanced participation in the growth of these companies. As an accumulating ETF, dividends are reinvested into the fund, enhancing potential returns through compounding. UBS, a global leader in asset management, offers this financial product for investors seeking an efficient way to access the broad U.S. equity market with an emphasis on equal opportunity for growth among its constituents. The ETF plays a vital role in providing diversified investment solutions, appealing to those who prioritize equal representation within their U.S. equity allocations.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Germany
MIC code
XDUS