Overview
Description
The UBS S&P 500 Scored & Screened UCITS ETF (Hedged to EUR) A Acc is an equity exchange-traded fund designed to track the performance of the S&P 500 Scored & Screened Index, with returns hedged to the euro to mitigate currency risk for euro-based investors. This ETF focuses on large-cap U.S. equities, selecting constituents from the S&P 500 based on environmental, social, and governance (ESG) criteria, effectively filtering out companies that do not meet defined sustainability standards. The fund employs a full physical replication strategy, meaning it holds each underlying stock represented in the index in the same weighting, providing transparency and minimizing tracking error.
Notable features include an accumulating dividend policy, where any dividends received are reinvested rather than paid out, promoting potential compounding effects over time. The ETF’s holdings are predominantly concentrated in the technology, telecommunication, financials, and healthcare sectors, reflecting the sector allocation of the parent index with an ESG overlay. By applying robust ESG screening to a broad, market-cap-weighted U.S. benchmark, the ETF appeals to investors seeking both exposure to leading American corporations and alignment with sustainable investment principles. Its euro-hedged share class further makes it suitable for investors who wish to reduce the impact of USD/EUR exchange rate fluctuations on returns.
About
Address
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Phone
+352-441 0101
Website
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Instrument type
ETF
Country
Germany
MIC code
XBER