UBS Global Gender Equality UCITS ETF hEUR acc

What this fund is

UBS Global Gender Equality UCITS ETF hEUR acc is an exchange-traded fund (ETF) from UBS, traded under the ticker GENDEE (ISIN IE00BDR5H073). 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 broadly across markets worldwide. Its largest holdings include ILLUMINA INC, KEYSIGHT TECHNOLOGIES IN and MERCK & CO. INC..

Geographically it leans ~10.4% United States, ~2.8% United Kingdom and ~1.4% Canada. Its heaviest sectors are ~6% Health Care and ~2.7% Financials. Investors often use a broad fund like this as a long-term 'core' holding — a single building block that covers much of a global portfolio in one trade. Its ongoing charge (TER) is 0.23% a year — about €23 a year on a €10,000 holding, taken automatically from the fund. It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash.

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 EUR. Its price has swung about 12.7% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2017. 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.)