UBS ETF (IE) MSCI World ex USA IMI Socially Responsible ex Mega Cap UCITS ETF (USD) A-acc

Issuer: UBS

Asset Class: Equity

TER: 28bps

Trading Currency: GBX

Pays Income: False

Listing Date: 09 Sep 2025

Ticker: WXMC

ISIN: IE0002THYAT9

This fund offers a targeted approach to international equity investing, providing exposure to a wide array of companies across developed markets globally, with the specific exclusion of the United States. Its strategy is distinguished by its size focus, as it deliberately removes mega-capitalization stocks from its portfolio. This allows investors to capture the performance of the small, mid, and large-cap segments that lie just below the tier of the world's absolute largest corporations. The investment thesis is further refined by a robust socially responsible investing (SRI) framework, making it suitable for those who wish to align their financial goals with their ethical values by investing in a diversified international portfolio.

The SRI methodology is comprehensive, applying specific values-based and faith-based exclusionary screens to the underlying index. This process filters out companies involved in controversial activities such as controversial weapons, civilian firearms, tobacco, thermal coal, and oil sands. In addition to these exclusions, the strategy also integrates environmental, social, and governance (ESG) criteria to select companies with strong sustainability profiles. The combination of its 'ex-USA', 'ex-mega cap' scope and its rigorous ethical screening results in a unique portfolio construction that diverges significantly from standard global benchmarks, offering a different risk-return profile and reducing concentration in the largest multinational giants.

This product is particularly well-suited for investors who already possess significant exposure to the US equity market and are seeking to diversify their holdings internationally. It can serve as a core international allocation for portfolios where sustainable and responsible investing principles are a priority. As an accumulating share class, all dividends generated by the underlying holdings are automatically reinvested back into the fund. This feature enhances the power of compounding over the long term and provides operational simplicity, making it an efficient vehicle for investors focused on building wealth without the need to manage periodic income distributions.