Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

UBS launches alternative beta ETF

UBS launches alternative beta ETF

UBS Asset Management has listed an alternative beta ETF on the London stock exchange.

UBS ETF (IE) MSCI USA Select Factor Mix Ucuts ETF offers investors exposure to large, mid and small-cap US equities with a range of factor tilts built in. 

The new ETF aims to track the price and yield performance of the MSCI USA Select Factor Mix Index.

The benchmark is an alternatively weighted index known as ‘factor tilts’, the constituents of which are weighted according to specific risk premia like value, quality, momentum, volatility, size and yield.

Based on the MSCI USA IMI Index, this multi-factor index captures large, mid and small-cap exposure across US equity markets. 

Andrew Walsh, UBS head of passive and ETF specialist for sales it the UK and Ireland, said: 'Investors are increasingly seeing alternative beta as an important component of portfolios and assets in factor ETFs and ETPs now total more than $500 billion globally.'

He added that investors wil be able to gain access to US equities 'via an index which employs a set of factor-screens which aims to improve returns, reduce risk and enhance diversification.'

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play On the Road Challenge: Clay pigeon shooting with Thesis' Lansdowne

On the Road Challenge: Clay pigeon shooting with Thesis' Lansdowne

Eleanor Mahmoud goes clay shooting at the National Clay Shooting Centre with Sam Lansdowne from Thesis Asset Management

Play AA-rated Flood on gov't bonds: 'the maths doesn't add up'

AA-rated Flood on gov't bonds: 'the maths doesn't add up'

He also addresses why his Newton Multi-Asset Income fund has such a high cash weighting and why he sees renewables as such a good opportunity.

Play AAA-rated Ali: Identifying the peripheral European plays

AAA-rated Ali: Identifying the peripheral European plays

Citywire AAA-rated Tawhid Ali thinks that plenty of good stocks in the European periphery are being thrown out with the proverbial bath water.

Read More
Your Business: Cover Star Club

Profile: Brewin's Cardiff boss on the Welsh opportunity

Profile: Brewin's Cardiff boss on the Welsh opportunity

Prior to becoming head of Brewin Dolphin Cardiff, Welshman David Myrddin-Evans had only previously visited the city to watch the rugby.

Wealth Manager on Twitter