Overview
Description
The UBS ETF S&P 500 ESG Hedged EUR Accumulating is a specialized exchange-traded fund designed to track the performance of the S&P 500 ESG Index while also offering currency hedging against the euro. The primary purpose of this ETF is to provide investors with access to a portfolio of U.S. large-cap stocks recognized for their strong environmental, social, and governance (ESG) profiles, thereby aligning investments with sustainable practices. Key features of this asset include its focus on maintaining ESG criteria, which excludes certain companies deemed non-compliant with global standards for sustainability and ethical governance. In addition, the ETF incorporates a currency hedging mechanism to mitigate the risks posed by fluctuations between the U.S. dollar and the euro, appealing to investors seeking exposure to the U.S. market but with reduced currency volatility. This ETF plays a significant role in advancing sustainable investment strategies and is particularly attractive to European investors looking to support responsible business practices while maintaining a broad exposure to the U.S. equity market.
About
Address
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Phone
+352-441 0101
Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL