UBS Core S&P 500 UCITS ETF hGBP dis

What this fund is

UBS Core S&P 500 UCITS ETF hGBP dis is an exchange-traded fund (ETF) from UBS, traded under the ticker USPG (ISIN IE00BD34DL14). 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 across its target market. It passively tracks the S&P 500 index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include NVIDIA CORP, APPLE INC and MICROSOFT CORP. By geography it is weighted towards ~36.3% United States.

By industry it concentrates most in ~23.1% 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 0.06% a year — about €6 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 0.01% (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 12.1% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2016. 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.)