UBS J.P. Morgan USD EM IG Screened Diversified Bond UCITS ETF hEUR acc

What this fund is

UBS J.P. Morgan USD EM IG Screened Diversified Bond UCITS ETF hEUR acc is an exchange-traded fund (ETF) from UBS, traded under the ticker ESGEME (ISIN LU1974696418). 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 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. Rather than a manager picking stocks, it simply replicates the J.P.

Morgan USD EM IG Screened Diversified Bond index — the passive, low-cost approach, and its largest holdings include URUGUA 5.1 06/18/50, POLAND 5 1/2 03/18/54 and POLAND 5 1/8 09/18/34. Geographically it leans ~3.1% United States. Its heaviest sectors are ~4.2% 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 0.43% a year — about €43 a year on a €10,000 holding, taken automatically from the fund.

It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash. 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 3.7% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2019. 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.)