UBS Solactive China Technology UCITS ETF hEUR acc

What this fund is

UBS Solactive China Technology UCITS ETF hEUR acc is an exchange-traded fund (ETF) from UBS, traded under the ticker UIC1 (ISIN LU2265794946). 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. It follows the Solactive China Technology index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include TENCENT HOLDINGS LTD, ALIBABA GROUP HOLDING LTD and MEITUAN-CLASS B. Its biggest country exposures are ~44.4% Cayman Islands, ~9.7% China and ~2.4% Hong Kong.

By industry it concentrates most in ~20.6% Consumer Discretionary and ~19.8% Communication Services. Investors often use a broad fund like this as a long-term 'core' holding — a single building block that covers much of a global portfolio in one trade. Its ongoing charge (TER) is 0.5% a year — about €50 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything. 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 28.3% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2021. 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.)