UBS MSCI United Kingdom UCITS ETF hEUR acc

The UBS MSCI United Kingdom UCITS ETF hEUR acc is an exchange-traded fund that tracks the MSCI UK (EUR Hedged) index, focusing on large and mid-cap securities from the United Kingdom with currency hedging to the Euro. Launched on 24 June 2020 and domiciled in Luxembourg, it employs full physical replication by holding all index constituents, comprising 73 holdings primarily from the UK (91.59%), with minor exposures to Ireland, Switzerland, and others. Key sectors include financials (21.45%), consumer staples (18.74%), industrials (14.55%), and health care (12.13%), where the top 10 holdings account for 49.39% of assets. As an accumulating ETF, it reinvests dividends, enhancing compounding effects. Featuring a low total expense ratio of 0.23% p.a., it manages EUR 495 million in assets, positioning it as the largest and most cost-effective option in its category. This ETF provides euro-based investors targeted exposure to UK equities while mitigating GBP-EUR exchange rate fluctuations, supporting diversified portfolio strategies centered on developed European markets.