UBS SXI Real Estate® Funds ETF CHF dis

What this fund is

UBS SXI Real Estate® Funds ETF CHF dis is an exchange-traded fund (ETF) from UBS, traded under the ticker 0VQM (ISIN CH0105994401). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about owning listed property companies (REITs), which earn rent from buildings and usually pass much of it on to investors, spread across its target market. Its largest holdings include HSC Fund (DET).

By geography it is weighted towards ~0.6% Switzerland. It is typically held as a diversifier — a slice that behaves differently from mainstream shares — rather than as a portfolio's main engine. Its ongoing charge (TER) is 0.25% a year — about €25 a year on a €10,000 holding, taken automatically from the fund. It is a distributing share class — dividends are paid to you as cash rather than reinvested, and over the last year it paid out roughly 1.01% (its trailing yield).

It holds the underlying investments directly (physical replication); it is domiciled in Switzerland and trades in CHF. Its price has swung about 10.6% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2009. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from UBS.)