UBS S&P 500 ESG Elite UCITS ETF hEUR acc

UBS S&P 500 ESG Elite UCITS ETF hEUR acc is an exchange-traded fund (ETF) from UBS, traded under the ticker SPELE (ISIN IE00BLSN7W87). 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 across its target market. It follows the S&P 500 ESG Elite index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include MICRON TECHNOLOGY INC, VISA INC-CLASS A SHARES and INTEL CORP. By geography it is weighted towards ~45.9% United States. By industry it concentrates most in ~34.6% Technology and ~7.8% Financials. 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 0.18% a year — about €18 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything. 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 14.4% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2021. 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.)