UBS Global Gender Equality UCITS ETF hCHF acc

What this fund is

UBS Global Gender Equality UCITS ETF hCHF acc is an exchange-traded fund (ETF) from UBS, traded under the ticker GENDES (ISIN IE00BDR5H412). 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..

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. 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 CHF. Its price has swung about 12.2% 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.)