UBS MSCI Canada UCITS ETF hGBP acc

UBS MSCI Canada UCITS ETF hGBP acc is an exchange-traded fund (ETF) from UBS, traded under the ticker UC87 (ISIN LU1130156323). 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, concentrated in the North American market. It passively tracks the MSCI Canada index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include ROYAL BANK OF CANADA, TORONTO-DOMINION BANK and SHOPIFY INC - CLASS A. By geography it is weighted towards ~44.1% Canada. By industry it concentrates most in ~29.9% Financials and ~6.7% Energy. 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 0.36% a year — about €36 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything. 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 GBP. Its price has swung about 11.7% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2015. 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.)