UBS Core MSCI EMU UCITS ETF EUR acc

What this fund is

UBS Core MSCI EMU UCITS ETF EUR acc is an exchange-traded fund (ETF) from UBS, traded under the ticker 0DZP (ISIN LU0950668870). 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 MSCI EMU index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, 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. Investors often use a broad fund like this as a long-term 'core' holding — a single building block that covers much of a global portfolio in one trade. 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 an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash. 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. 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.)