UBS Core MSCI EM UCITS ETF USD dis

What this fund is

UBS Core MSCI EM UCITS ETF USD dis is an exchange-traded fund (ETF) from UBS, traded under the ticker UB32 (ISIN LU0480132876). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one 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 EM index — the passive, low-cost approach, and its largest holdings include TAIWAN SEMICONDUCTOR MANUFAC, SAMSUNG ELECTRONICS CO LTD and SK HYNIX INC. Geographically it leans ~19.5% Taiwan, ~14.4% South Korea and ~4.5% Cayman Islands.

Its heaviest sectors are ~33.9% Technology and ~2.8% Communication Services. 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 0.15% a year — about €15 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 0.91% (its trailing yield). 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 USD.

Its price has swung about 29.1% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2010. 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.)