UBS GBP Overnight Rate SF UCITS ETF GBP acc

Issuer: UBS

Asset Class: Fixed Income

TER: 0.001

Trading Currency: GBP

Pays Income: False

Listing Date: 19 May 2025

Ticker: GBPO_LN

ISIN: IE000WNEYKM1

The UBS GBP Overnight Rate SF UCITS ETF GBP acc is an exchange-traded fund (ETF) offered by UBS Asset Management. This fund is designed to provide investors with exposure to the overnight rate of the British Pound (GBP) in a cost-effective and efficient manner. The overnight rate is the interest rate at which banks lend to each other overnight.

By investing in this ETF, investors can gain access to the performance of the GBP overnight rate, which can be an important benchmark for short-term interest rates in the United Kingdom. This can be particularly useful for investors looking to hedge against interest rate risk or seeking to take advantage of short-term interest rate movements.

Additionally, this ETF provides diversification benefits by allowing investors to access the GBP overnight rate without the need to directly invest in the underlying assets. This can help investors manage risk and potentially enhance returns within their investment portfolios.

Overall, the UBS GBP Overnight Rate SF UCITS ETF GBP acc offers investors a convenient way to gain exposure to the GBP overnight rate and potentially benefit from short-term interest rate movements in the United Kingdom. With UBS Asset Management's expertise in managing ETFs, investors can have confidence in the fund's ability to track the performance of the GBP overnight rate accurately and efficiently.