UBS ETF (IE) MSCI World UCITS ETF (USD) A-dis
| Issuer: UBS |
| Asset Class: Equity |
| TER: 10bps |
| Trading Currency: GBX |
| Pays Income: False |
| Listing Date: 01 Feb 2024 |
| Ticker: WRDD |
| ISIN: IE00B7KQ7B66 |
This investment vehicle offers exposure to a broad portfolio of large and mid-cap companies across 23 developed countries. It's designed to be a core holding for a diversified portfolio, providing a straightforward and cost-effective way to invest in the global equity market. The fund aims to replicate the performance of a major global stock market index, which covers approximately 85% of the free float-adjusted market capitalization in each country. This structure ensures comprehensive exposure to the most significant publicly traded companies in the developed world, spanning various sectors and industries.
This fund is suitable for investors seeking long-term growth and who are willing to accept the risks associated with equity investments. It can serve as a foundational building block for a global portfolio, eliminating the complexity of selecting individual international stocks. By investing in a single product, one gains immediate diversification across thousands of companies and multiple geographic regions, including major markets like the United States, Japan, the United Kingdom, and countries across Europe. The physical replication method means the fund holds the actual underlying stocks of the index, which may be preferable for investors who want direct ownership rather than using derivatives.
The key attractions are its broad diversification, low cost, and simplicity. It provides a convenient solution for capturing the performance of the global developed economy. The distributing share class structure means that investors receive regular income payments from the dividends paid out by the underlying companies, which can be a valuable source of cash flow or can be reinvested. This makes it a versatile tool for various financial goals, from capital appreciation to building an income stream. It represents a strategic allocation to the engine of global economic growth, driven by the world's most established and innovative companies.
