UBS (Lux) Fund Solutions – Bloomberg MSCI Global Liquid Corporates Sustainable UCITS ETF (hedged to GBP) A-acc

Issuer: UBS
Asset Class: Fixed Income
TER: 20
Trading Currency: GBX
Pays Income: False
Listing Date: 10 Mar 2026
Ticker: GLCD
ISIN: LU3259261470
This investment vehicle offers targeted exposure to the global corporate bond market, meticulously aligned with sustainability criteria. It seeks to track a benchmark comprising a diverse portfolio of fixed-rate, investment-grade corporate bonds from companies in both developed and emerging markets. The fund's core strategy incorporates a robust sustainability screen based on Environmental, Social, and Governance (ESG) principles. This process excludes issuers linked to controversial sectors like weapons and tobacco, while prioritizing companies with superior ESG ratings. Additionally, this share class employs a currency-hedging mechanism to mitigate the potential impact of foreign exchange fluctuations between the underlying bonds and the investor's home currency.

This fund can function as a foundational element within a fixed-income portfolio for investors who prioritize both financial returns and ethical considerations. Its global diversification spreads risk across numerous geographic regions and economic environments, enhancing portfolio resilience. The focus on investment-grade bonds lends the strategy a conservative credit profile, suitable for those aiming for capital preservation alongside income generation. The ESG integration provides a transparent way for investors to channel capital towards more sustainable businesses. The physical replication approach means the fund directly holds the underlying bonds, offering clarity on its holdings.

The product is designed for investors seeking a streamlined solution for accessing the global corporate debt market through a responsible lens. It is appropriate for those with a medium to long-term outlook looking to add a defensive, income-generating component to their portfolios. The currency hedging is a key benefit for investors wishing to isolate the bond portfolio's returns from currency market volatility, making it a compelling option for building a well-rounded and principled investment strategy.