UBS SMIM® ETF CHF dis

What this fund is

UBS SMIM® ETF CHF dis is an exchange-traded fund (ETF) from UBS, traded under the ticker 0VQR (ISIN CH0111762537). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. Rather than a manager picking stocks, it simply replicates the SMI index — the passive, low-cost approach, and its largest holdings include GALDERMA GROUP AG, SANDOZ GROUP AG and VAT GROUP AG. Its biggest country exposures are ~62.1% Switzerland.

By industry it concentrates most in ~31.4% Health Care and ~16.1% Industrials. Funds like this are commonly chosen by investors who want a regular cash income stream rather than reinvesting everything for growth. Its ongoing charge (TER) is 0.25% a year — about €25 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is paid out to you as cash (a distributing share class), and over the last year it paid out roughly 2.82% (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 13% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2010. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from UBS.)