UBS BBG MSCI US Liquid Corp Sustainable UCITS ETF USD dis

What this fund is

UBS BBG MSCI US Liquid Corp Sustainable UCITS ETF USD dis is an exchange-traded fund (ETF) from UBS, traded under the ticker UC97 (ISIN LU1215461085). 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 BBG MSCI US Liquid Corp Sustainable index — the passive, low-cost approach, and its largest holdings include AMAZON.COM INC 4.875%/26-130336, AMZN 5.8 03/13/56 and SALESFORCE INC 5.55%/26-150336. Geographically it leans ~5% United States.

By industry it concentrates most in ~2.4% Technology and ~1.7% Consumer Discretionary. 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 0.13% a year — about €13 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). 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 5% over the past year — a gauge of how much the value moves, not a judgement of quality. 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.)