UBS ETF (LU) Bloomberg Euro Area Liquid Corporates 1-5 Year UCITS ETF (hedged to CHF) A-acc

UBS ETF (LU) Bloomberg Euro Area Liquid Corporates 1-5 Year UCITS ETF (hedged to CHF) A-acc is an exchange-traded fund that provides investors with targeted exposure to short-term corporate bonds from the Eurozone. It tracks the Bloomberg Euro Area Liquid Corporates 1-5 Year Index, focusing on the largest and most liquid euro-denominated corporate bonds with maturities between 1 and 5 years, emphasizing investment-grade securities for relatively low credit risk and liquidity. This ETF features currency hedging to Swiss Francs (CHF), mitigating euro-CHF exchange rate fluctuations while maintaining its base in euros. Domiciled in Luxembourg and managed by UBS ETF, it employs a physical replication strategy with a low total expense ratio of 0.16% annually, ensuring cost efficiency and transparency through regular index rebalancing. The fund distributes income semi-annually, with a recent dividend yield around 3.55%, reflecting yields from issuers like ING Groep, BPCE, and Eni. With assets under management of approximately EUR 364 million since its inception in 2014, it serves as a key tool for fixed-income portfolios seeking stable income and moderate duration risk within the European corporate bond market.