UBS (Irl) ETF plc ‑ S&P 500 ESG

ETF description

This ETF allows investors to gain exposure to a selection of companies from the S&P 500 index while focusing on environmental, social, and governance (ESG) criteria. The S&P 500 index includes 500 of the largest and most influential companies in the United States, and this ETF filters these companies based on their ESG practices. This means it aims to invest in businesses that are considered to be more sustainable and socially responsible.

By investing in this ETF, individuals can participate in the performance of major U.S. companies while aligning their investments with their values regarding sustainability and social responsibility. This ETF may appeal to socially conscious investors who want to ensure their money supports companies that are committed to positive environmental and social practices.

Issuer details

UBS Asset Management is a leading global asset management firm and a subsidiary of UBS Group AG, managing over $1.2 trillion in assets as of June 2024. UBS offers a range of investment products covering various market segments. Founded in 1862, UBS Asset Management has a strong focus on sustainable investing and leverages its global reach with local expertise to provide innovative and client‑focused investment strategies. Notable ETFs in their lineup include the UBS MSCI ACWI SF UCITS ETF and the UBS ETF (IE) MSCI USA Socially Responsible UCITS ETF, demonstrating UBS’s commitment to offering diverse and sustainable investment options to meet the evolving needs of investors.

Index details

The ETF tracks the S&P 500 ESG index, the index is market‑cap‑weighted and designed to measure the performance of securities meeting sustainability criteria, while maintaining similar overall industry group weights as the S&P 500 Index (the ‘parent index’). The index has been constructed to provide a risk and return profile similar to that of the parent index, while improving ESG characteristics, it does this by excluding securities that: 1) are involved in business activities in tobacco, thermal coal, oil sands, small arms, military contracting and controversial weapons; 2) are classified as Non‑Compliant according to the United Nations Global Compact (UNGC) principles; or 3) have an S&P Dow Jones Index ESG Score that falls within the worst 25% of ESG scores from each GICS industry group.