UBS Core MSCI World UCITS ETF USD dis

What this fund is

UBS Core MSCI World UCITS ETF USD dis is an exchange-traded fund (ETF) from UBS, traded under the ticker 0Y37 (ISIN IE00B7KQ7B66). 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 broadly across markets worldwide. Rather than a manager picking stocks, it simply replicates the MSCI World index — the passive, low-cost approach, and its largest holdings include APPLE INC, NVIDIA CORP and MICROSOFT CORP. Geographically it leans ~26% United States.

By industry it concentrates most in ~16.4% Technology and ~5.7% 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 0.06% a year — about €6 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 0.72% (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 24.3% 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.)