UBS Core MSCI World UCITS ETF hGBP dis

What this fund is

UBS Core MSCI World UCITS ETF hGBP dis is an exchange-traded fund (ETF) from UBS, traded under the ticker WRDG (ISIN IE000KLSD4Y8). 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 broadly across markets worldwide. It follows the MSCI World index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include APPLE INC, NVIDIA CORP and MICROSOFT CORP. Geographically it leans ~25.8% United States.

By industry it concentrates most in ~16.3% Technology and ~5.6% Communication Services. 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 0.09% a year — about €9 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 1.22% (its trailing yield). It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in GBP.

Its price has swung about 11.5% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2024. 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.)