UBS Core MSCI EMU UCITS ETF EUR Ukdis

What this fund is

UBS Core MSCI EMU UCITS ETF EUR Ukdis is an exchange-traded fund (ETF) from UBS, traded under the ticker 0HCF (ISIN LU1107559376). 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. Geographically it leans ~9.5% Germany, ~9.1% Netherlands and ~6.4% Spain.

Its heaviest sectors are ~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, and over the last year it paid out roughly 0.47% (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 EUR.

Its price has swung about 14.4% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2014. 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.)