UBS Core MSCI EMU UCITS ETF EUR dis

What this fund is

UBS Core MSCI EMU UCITS ETF EUR dis is an exchange-traded fund (ETF) from UBS, traded under the ticker UB06 (ISIN LU0147308422). 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 EMU index — the passive, low-cost approach, and its largest holdings include ASML HOLDING NV, SIEMENS AG-REG and BANCO SANTANDER SA. By geography it is weighted towards ~9.5% Germany, ~9.1% Netherlands and ~6.4% Spain.

By industry it concentrates most in ~11.3% Technology and ~7.2% Industrials. 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 0.09% a year — about €9 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. It holds the underlying investments directly (physical replication); it is domiciled in Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in EUR.

Its price has swung about 18.6% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2002. 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.)