UBS Core S&P 500 UCITS ETF USD dis

What this fund is

UBS Core S&P 500 UCITS ETF USD dis is an exchange-traded fund (ETF) from UBS, traded under the ticker UC13 (ISIN IE00B7K93397). 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 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 S&P 500 index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include NVIDIA CORP, APPLE INC and MICROSOFT CORP. By geography it is weighted towards ~36.6% United States.

Its heaviest sectors are ~23.3% Technology and ~7.9% 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. 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 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. 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.)