UBS MSCI Pacific Ex Japan IMI Socially Responsible UCITS ETF A USD Acc
| Issuer: UBS |
| Asset Class: Equity |
| TER: 19bps |
| Trading Currency: GBX |
| Pays Income: False |
| Listing Date: 21 Jul 2022 |
| Ticker: PEX |
| ISIN: IE000BKMMHF9 |
This investment vehicle offers targeted exposure to companies across developed markets in the Pacific region, while specifically excluding Japan. It aims to replicate the performance of an index that provides a broad representation of the investable universe in countries like Australia, Hong Kong, Singapore, and New Zealand. The strategy encompasses a diverse range of companies, spanning large, mid, and small market capitalizations, thereby offering a comprehensive cross-section of the regional equity market for investors seeking geographic diversification away from North America and Europe.
A core feature of this fund is its commitment to socially responsible investing principles. The underlying index employs a rigorous ESG (Environmental, Social, and Governance) screening methodology. It systematically excludes firms with significant involvement in controversial sectors such as civilian firearms, tobacco, thermal coal, and controversial weapons. Furthermore, it applies a 'best-in-class' selection approach, favouring companies that demonstrate strong ESG performance compared to their industry peers. This ensures the portfolio is composed of entities that not only drive economic growth in the region but also adhere to high standards of corporate responsibility.
Designed for long-term growth, this fund operates on an accumulating basis, meaning any dividends paid by the constituent companies are automatically reinvested back into the portfolio rather than being distributed to shareholders. This process of compounding can significantly enhance total returns over time. By holding the actual stocks that make up the index through a physical replication method, the fund provides direct ownership of the underlying assets, offering a transparent and straightforward way to invest in the sustainable leaders of the Pacific region's developed economies.
