New UBS ETF on Xetra: access to high-dividend US companies
New UBS ETF on Xetra: access to high-dividend US companies
Since Wednesday, a new exchange-traded fund issued by UBS Asset Management has been tradable on Xetra and via Börse Frankfurt.
The UBS ETF (IE) S&P USA Dividend Aristocrats ESG Elite UCITS ETF offers investors the opportunity to invest in 70 US companies from various industries. It selects companies that are included in the S&P Composite 1500 index and have continuously increased their dividend for at least 20 years. The weighting of the companies is based on their dividend yield.
In addition, companies must have a stable ESG profile and must not be active in controversial business areas.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
UBS ETF (IE) S&P USA Dividend Aristocrats ESG Elite UCITS ETF (USD) A-dis | Equity ETF | 0.40 per cent | distributing | S&P ESG Elite High Yield Dividend Aristocrats Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,046 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.