UBS Factor MSCI USA Prime Value Screened UCITS ETF hGBP dis

What this fund is

UBS Factor MSCI USA Prime Value Screened UCITS ETF hGBP dis is an exchange-traded fund (ETF) from UBS, traded under the ticker UPVL (ISIN IE00BXDZNH00). 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 across its target market. Rather than a manager picking stocks, it simply replicates the MSCI USA Prime Value Screened index — the passive, low-cost approach, and its largest holdings include APPLIED MATERIALS INC, LAM RESEARCH CORP and BERKSHIRE HATHAWAY INC-CL B. Its biggest country exposures are ~29.6% United States.

By industry it concentrates most in ~18.5% Technology and ~5.2% 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 0.28% a year — about €28 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 0.01% (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 GBP.

Its price has swung about 12.4% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2016. 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.)