UBS Asset Management (UBS AM) has partnered with MSCI to launch a sustainable exchange traded fund (ETF) tracking the MSCI World Small Cap universe.
UBS ETF (IE) MSCI World Small Cap Socially Responsible UCITS ETF will provide exposure to companies with the strongest sustainability profiles from the MSCI World Small Cap SRI Low Carbon Select 5% Issuer Capped universe at a cost of 0.23%. Its screening will encompass norms-based exclusions, for instance companies that violate the United Nations Global Compact; values-based exclusions, such as tobacco and controversial weapons; and climate-related exclusions, including thermal coal, oil and gas and the highest emitters. ETF industry set for blockbuster year - reports The new MSC...
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