UBS Factor MSCI USA Quality Screened UCITS ETF USD dis

What this fund is

UBS Factor MSCI USA Quality Screened UCITS ETF USD dis is an exchange-traded fund (ETF) from UBS, traded under the ticker UC99 (ISIN IE00BX7RRJ27). 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. Rather than a manager picking stocks, it simply replicates the MSCI USA Quality Screened Index index — the passive, low-cost approach, and its largest holdings include NVIDIA CORP, APPLE INC and MICROSOFT CORP. By geography it is weighted towards ~46.2% United States.

Its heaviest sectors are ~37.1% Technology and ~6.3% Health Care. 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 0.25% a year — about €25 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 0.18% (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 USD.

Its price has swung about 13.6% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2015. 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.)