UBS Global Gender Equality UCITS ETF hCHF dis

What this fund is

UBS Global Gender Equality UCITS ETF hCHF dis is an exchange-traded fund (ETF) from UBS, traded under the ticker GENDET (ISIN IE00BDR5H305). 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. Its largest holdings include ILLUMINA INC, KEYSIGHT TECHNOLOGIES IN and MERCK & CO. INC..

Its biggest country exposures are ~10.4% United States, ~2.8% United Kingdom and ~1.3% Canada. Its heaviest sectors are ~6% Health Care and ~2.7% Financials. 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 0.23% a year — about €23 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 2.0% (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 CHF. Its price has swung about 8.2% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2017. 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.)