UBS Core MSCI USA UCITS ETF USD dis

What this fund is

UBS Core MSCI USA UCITS ETF USD dis is an exchange-traded fund (ETF) from UBS, traded under the ticker UC04 (ISIN IE00B77D4428). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single 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. It follows the MSCI USA 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. Its biggest country exposures are ~35.7% United States.

Its heaviest sectors are ~22.5% Technology and ~7.8% Communication Services. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.03% a year — about €3 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 0.47% (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 USD.

Its price has swung about 24.8% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2012. 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.)