Overview
The investment objective is to replicate the price and return performance of the Bloomberg MSCI Global Green Bond 1-10 Year Sustainability Select Index net of fees (this sub-fund's "Index").
The fund generally invests in securities contained in the Index. The relative weightings of the companies correspond to their weightings in the index.
The investment objective is to replicate the price and return performance of the index. The stock exchange price may differ from the net asset value.
The fund is passively managed.
Benefits
Clients benefit from the flexibility of an exchange-traded investment and the investor protection offered by a fund.
Provides access to this segment of the market with a single transaction.
Optimised risk/return profile thanks to a broad diversification across a range of countries and sectors.
The fund offers a high degree of transparency and cost efficiency and is easy to trade.
Risks
This UBS Exchange Traded Fund invests primarily in bonds and currency hedge derivatives, which are included in the Bloomberg MSCI Global Green Bond 1-10 Year Sustainability Select Index. This Fund may not be appropriate for investors who plan to withdraw their money before the recommended holding period disclosed in the PRIIPs KID, if available for this share class. Sustainability risks are environmental, social or governance events or conditions that can have a material negative effect on the return, depending on the relevant sector, industry and company exposure. Sustainability risk: the risk arising from any environmental, social or governance events or conditions that, were they to occur, could cause a material negative impact on the value of the investment. All investments are subject to market fluctuations. Every fund has specific risks, which may significantly increase under unusual market conditions. Sustainability characteristics and risks are considered as part of the Index selection process. The fund's assets are passively managed. As a result, the net asset value of the fund is directly dependent on the performance of the underlying index. Losses that could be avoided via active management will not be offset.
Features
| Name of fund |
UBS Global Green Bond ESG 1–10 UCITS ETF
|
| Share class |
UBS Global Green Bond ESG 1–10 UCITS ETF hEUR acc
|
| Fund domicile |
Luxembourg
|
| Launch date |
08.06.2023
|
| TER (flat fee) |
0.18%
|
| Securities no. |
119719449
|
| Reuters ID |
GGE.MI
|
| Fund type |
open-end
|
| SFDR Classification |
Art.8
|
| UCITS V |
yes
|
| Currency of share class |
EUR
|
| Accounting year end |
31 December
|
| Replication methodology |
Physical + Optimized (equities) / sampled (bonds)
|
| Shares outstanding |
335,038
|
| Assets (m) |
EUR 3.53
|
| Total fund assets (m) |
USD 20.41
|
Performance and prices
Volatility (as of last month end)
| 1Y | 2Y | 3Y | 5Y | |
| Fund Volatility | - | 2.56% | - | - |
| Benchmark Volatility | - | 2.58% | 3.41% | 4.67% |
| Tracking Error (ex post) | - | 0.08% | - | - |
Latest dividend declaration
| Pay date | — |
| Distribution date | — |
| Distribution | — |
| Currency | — |
Net Asset Values
Last 7 days
From
28-Jul-2021
To
04-Aug-2021
|
Date
|
Adjusted NAV
|
Official NAV
|
Index
|
Distribution
|
Currency
|
| 07.01.2026 | EUR 10.5180 | EUR 10.5180 | 111.86 | ||
| 08.01.2026 | EUR 10.5122 | EUR 10.5122 | 111.81 | ||
| 09.01.2026 | EUR 10.5171 | EUR 10.5171 | 111.86 | ||
| 12.01.2026 | EUR 10.5240 | EUR 10.5240 | 111.93 | ||
| 13.01.2026 | EUR 10.5242 | EUR 10.5242 | 111.93 | ||
| 14.01.2026 | EUR 10.5344 | EUR 10.5344 |
Sustainability
Environmental or social characteristics of the financial product
The following characteristic(s) are promoted by the financial product:
1. The financial product aims to have a MSCI ESG score that is higher than the benchmark.
The Reference Benchmark designated for the purpose of attaining the characteristic promoted by the financial product is the Bloomberg MSCI Global Green Bond 1-10 Year Sustainability Select Index (Total Return).
The above characteristic(s) is / are measured using the following indicators respectively:
1. MSCI ESG Rating/Score - this indicator is defined as key issues scores and weights combine to an overall ESG score (0-10) relative to industry peers.
No sustainable investment objective
"This financial product has sustainable investment as its objective and aims to track, before expenses, the price and income performance of the Bloomberg MSCI Global Green Bond 1-10 Year Sustainability Select Index (Total Return) (the "Index"). An independent research-driven methodology is used by the Index provider to evaluate index-eligible green bonds to ensure they adhere to established Green Bond Principles and to classify bonds by their environmental use of proceeds. Use of proceeds and project bonds are considered eligible if the use of proceeds falls within at least one of six eligible environmental categories defined by MSCI ESG Research (alternative energy, energy efficiency, pollution prevention and control, sustainable water, green building, and climate adaption)."
"The Reference Benchmark (the "Index") designated for the purpose of attaining the sustainable investment objective of this financial product is the Bloomberg MSCI Global Green Bond 1-10 Year Sustainability Select Index (Total Return)."
The characteristic(s) is/are measured using the following indicator(s) respectively:
The attainment of the sustainable investment objective is measured using the following indicators respectively:
• Whether the security is classified as a green bond
For the Bloomberg Barclays MSCI Global Green Bond Index, securities are independently evaluated by MSCI ESG Research along four dimensions to determine whether they should be classified as a green bond. These eligibility criteria reflect themes articulated in the Green Bond Principles and require commitments about a bond’s:
• Stated use of proceeds
• Process for green project evaluation and selection
• Process for management of proceeds and
• Commitment to ongoing reporting of the environmental performance of the use of proceeds.
Investment strategy
The following binding element(s) of the investment strategy is / are used to select the investments to attain the characteristic(s) promoted by this financial product:
1. This financial product is passively managed. It seeks to promote the characteristics described in this annex by tracking the Index and, with regard to ESG criteria, giving exposure to Corporates securities with higher ESG ratings and to exclude the ones with negative social or environmental impact
Its investment strategy is to replicate the Index while minimizing the related tracking error. Securities are only eligible for the Index if they meet the MSCI ESG Research Green Bond Principles.
The calculations do not take account of cash, derivatives and unrated investment instruments. The characteristic(s), the minimum proportion of sustainable investments and the minimum proportion of investments used to meet the environmental and/or social characteristics promoted by the financial product are calculated at quarter end using the average of all of business days’ values in the quarter.
Assessment of good governance practices of the investee companies is performed by the Index provider. MSCI analysis begins with an evaluation of each company’s corporate governance, taking into consideration the company’s ownership and control structures, the composition and effectiveness of its board, the effectiveness of its incentive practices and the integrity of its accounting. Corporate Behavior is also monitored, including any controversies that might have a significant negative impact on the company’s value.
Proportion of investments
The minimum proportion of the investments used to meet the environmental and/or social characteristics promoted by the financial product is 90%. The minimum proportion of sustainable investments of the financial product is 50%.
Derivatives are not used for the attainment of the investment objective of this financial product. Derivatives will be primarily used for hedging and liquidity management purposes.
Methodologies
The methodology of the construction of the Index can be found in the annex to the prospectus or supplement.
Data sources and processing
The data sources used to attain the stated environmental or social characteristics are as follows:
The MSCI ESG Score, supplied by the index provider
Data is consumed from leading provider(s)
Limitations to methodologies and data
We apply a minimum coverage threshold for the data sources used to attain the stated environmental or social characteristics of the financial product, these thresholds ensure that the binding targets can be monitored and measured. Accuracy of data is dependent on 3rd party providers, coverage of data sources can be less than 100% due to uncovered asset types, incomplete or inconsistent data and gaps in the coverage of these 3rd party providers.
Due diligence
Due diligence is carried out on index providers and/or data providers. This financial product is passively managed and seeks to track the performance and the ESG profile of the Index. Sustainability characteristics and risks are considered as part of the Index selection process.
Engagement policies
In terms of passive strategies tracking sustainability indexes as is the case with this financial product, the engagement process helps us to identify companies where material ESG and sustainability factors may present a future negative risk. While the UBS AM engagement program is across all asset classes and portfolios, the impact on passively managed fixed income strategies might be reduced, mainly due to the lack of voting rights and that companies which failed in UBS AM's engagement process are typically not excluded due to the passive management style. Nevertheless, passively managed fixed income assets are part of the engagement with senior management, as all other assets the firm manages, in order to achieve the biggest possible impact.
Attainment of the sustainable investment objective
The Portfolio Manager has initially selected the reference benchmark for its relevance to its investment strategy and the attainment of the sustainable objective it seeks to achieve. The Index rebalances on a monthly basis, more details on the index methodology applied by the index provider can be found below.
The alignment of the investment strategy with the methodology of the Index is ensured on a continuous basis based on the fact that the Portfolio Manager invests in a subset of issuers part of the index.
The benchmark differs from a broad market index in that only fixed income securities issued by Multilateral Development Banks are eligible for inclusion in the benchmark. A Multilateral Development Bank is a Development Bank whose shareholders list includes among other members all G7 countries. The World Bank is an important issuer of bonds that are constituents of the benchmark. The benchmark is aligned with the sustainable investment objective of this sub-fund.
The index methodology can be found on the relevant webpages by the index provider: https://www.solactive.com/indices.
No significant harm to the sustainable investment objective
It will make a minimum of sustainable investments with a social objective: 10%
The financial product is passively managed and tracks an Index, securities are only eligible for the Index if they meet the MSCI ESG Research Green Bond Principles.
Green bonds are committed to a stated use of proceeds and there are processes for evaluating and selecting these green projects which are funded by the bond. The issuer must clearly delineate and outline either specific projects or criteria of activities to be financed which fall into one of the six eligible environmental categories. By definition of the Green Bond Principles themselves, investment into these bonds do not cause significant harm to any environmental or social investment objective
The financial product excludes investments in companies involved directly in the use, development, manufacturing, stockpiling, transfer or trade of cluster munitions and/or anti-personnel landmines, nuclear weapons, biological weapons or chemical weapons.
The MSCI ESG Controversies tool monitors company involvement in notable ESG controversies related to the company’s operations and/or products, possible breaches of international norms and principles such as the UN Global Compact, and performance with respect to these norms and principles
Holdings
Show securities lending
Collateral 12 month lending summary
as of last month end
Securities Lending as of 11-Jan-2022
From
11-Jan-2021
To
11-Jan-2022
No distributions. Continuous reinvestment of income
Distributions
Sales Authorisations
Brochures
Agreement / Prospectus
|
Document type
|
Document Language
|
|
| Key Information Document |
|
|
| Past performance |
|
|
| Previous performance scenario |
|
|
| Prospectus |
|
|
| SFDR Pre-Contractual Annex |
|
|
35VAGReport
|
Document type
|
Document Language
|
| Solvency II Reporting Q4 |
|
| Solvency II Reporting Q3 |
|
| Solvency II Reporting Q2 |
|
| Solvency II Reporting Q1 |
|
Annual and semi-annual report
|
Document type
|
Document Language
|
| Annual report |
|
| Semi-annual report |
|
Other Docs
|
Document type
|
Document Language
|
| UBS ETF Securities Lending Borrowers |
|
Contact
| Exchange | Currency | iNAV | Bid | Ask | Total volume | Total turnover |
Terms
For marketing and information purposes by UBS. UBS funds under Luxembourg law. Arrangements for marketing fund units mentioned in this document may be terminated at the initiative of the management company of the fund(s). Prospectuses, key information document (KID) where applicable, the articles of association or the management regulations as well as annual and semi-annual reports are available for the purpose of inspection and obtaining copies thereof in a language required by the local applicable law free of charge at UBS SA国际传谋 (Europe) S.A., 33A avenue J.F. Kennedy, 1855 Luxembourg and online at www.fundinfo.com. The product described herein aligns to Article 8 Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector. Information on sustainability-related aspects pursuant to that regulation can be found on www.ubs.com/funds. Before investing in a product please read the latest prospectus and key information document or similar legal documentation carefully and thoroughly. Any decision to invest should take into account all the characteristics or objectives of the product as described in its prospectus, or similar legal documentation. Investors are acquiring units or shares in a fund, and not in a given underlying asset such as building or shares of a company. The information and opinions contained in this document have been compiled or arrived at based upon information obtained from sources believed to be reliable and in good faith, but is not guaranteed as being accurate, nor is it a complete statement or summary of the securities, markets or developments referred to in the document. Any Index referenced in this document is not administered by UBS. Members of the UBS Group may have a position in and may make a purchase and / or sale of any of the securities or other financial instruments mentioned in this document. Units of UBS funds mentioned herein may not be eligible for sale in all jurisdictions or to certain categories of investors and may not be offered, sold or delivered in the United States. The information mentioned herein is not intended to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Past performance is not a reliable indicator of future results. The calculated performance takes all costs on the product level into consideration (ongoing costs). The entry and exit costs, which would have a negative impact on the performance, are not taken into consideration. If whole or part of the total costs to be paid is different from your reference currency, the costs may increase or decrease as a result of currency and exchange rate fluctuations. Commissions and costs have a negative impact on the investment and on the expected returns. If the currency of a financial product or financial service is different from your reference currency, the return can increase or decrease as a result of currency and exchange rate fluctuations. This information pays no regard to the specific or future investment objectives, financial or tax situation or particular needs of any specific recipient. Future performance is subject to taxation which depends on the personal situation of each investor and which may change in the future. The details and opinions contained in this document are provided by UBS without any guarantee or warranty and are for the recipient's personal use and information purposes only. This document may not be reproduced, redistributed or republished for any purpose without the written permission of UBS SA国际传谋 Switzerland AG or a local affiliated company. Source for all data and charts (if not indicated otherwise): UBS SA国际传谋. A summary of investor rights in English can be found online at www.ubs.com/funds-regulatoryinformation. More explanations of financial terms can be found at www.ubs.com/am-glossary. © UBS 2026. SA国际传谋. All rights reserved.
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