UBS J.P. Morgan Global Gov ESG Liquid Bond UCITS ETF hEUR dis

What this fund is

UBS J.P. Morgan Global Gov ESG Liquid Bond UCITS ETF hEUR dis is an exchange-traded fund (ETF) from UBS, traded under the ticker CHSP (ISIN LU1974694470). 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 lending to governments and companies in return for regular interest, which tends to be steadier than shares but grows more slowly, spread broadly across markets worldwide. Its largest holdings include FRTR 2 1/2 05/25/30, FRTR 0 3/4 05/25/28 and FRTR 1 1/2 05/25/31.

By geography it is weighted towards ~2.2% France and ~0.5% United States. By industry it concentrates most in ~2.8% 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 3.5% 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.)