UBS Solactive Global Pure Gold Miners UCITS ETF USD dis

What this fund is

UBS Solactive Global Pure Gold Miners UCITS ETF USD dis is an exchange-traded fund (ETF) from UBS, traded under the ticker 0Y36 (ISIN IE00B7KMNP07). 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 tracking physical commodities like gold or oil, which often move differently from shares and are used to spread risk or hedge inflation, spread broadly across markets worldwide. Rather than a manager picking stocks, it simply replicates the Solactive Global Pure Gold Miners index — the passive, low-cost approach, and its largest holdings include ENDEAVOUR MINING PLC, DPM METALS INC and ANGLOGOLD ASHANTI PLC. Its biggest country exposures are ~28.1% Canada, ~10.3% United Kingdom and ~4.4% Australia.

By industry it concentrates most in ~42.8% Materials. 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 0.43% a year — about €43 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 0.21% (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 53.5% over the past year, which describes how much its price tends to move rather than whether it is good. 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.)