UBS MSCI EMU Small Cap UCITS ETF EUR Ukdis

What this fund is

UBS MSCI EMU Small Cap UCITS ETF EUR Ukdis is an exchange-traded fund (ETF) from UBS, traded under the ticker EMUSCD (ISIN LU2048727247). 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 MSCI EMU Small Cap index — the passive, low-cost approach, and its largest holdings include SPIE SA, GAZTRANSPORT ET TECHNIGA SA and AEDIFICA.

By geography it is weighted towards ~3.1% Germany, ~2.7% France and ~2.3% Belgium. Its heaviest sectors are ~3.7% Industrials and ~2.4% Real Estate. Funds like this are commonly chosen by investors who want a regular cash income stream rather than reinvesting everything for growth. Its ongoing charge (TER) is 0.28% a year — about €28 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. 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.)