UBS Sustainable Development Bank Bonds UCITS ETF hEUR dis

What this fund is

UBS Sustainable Development Bank Bonds UCITS ETF hEUR dis is an exchange-traded fund (ETF) from UBS, traded under the ticker CHSK (ISIN LU1852211645). 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 lending to governments and companies in return for regular interest, which tends to be steadier than shares but grows more slowly, spread across its target market. Its largest holdings include EBRD 4 1/8 01/25/29, EBRD 4 3/8 03/09/28 and IADB 4 1/2 02/15/30. Its biggest country exposures are ~25.5% United States.

Its heaviest sectors are ~25.5% Government. Funds like this are often used as the steadier, lower-swing part of a portfolio — the ballast that cushions the ups and downs of shares. Its ongoing charge (TER) is 0.18% a year — about €18 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. 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 3.1% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2025. 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.)