UBS Asset Management has rolled out a new Core ETF range.
The range, which launched today (12 May), initially houses seven equity ETFs covering all key market indices. The firm expects to add fixed income propositions to the Core range in the near future.
The strategies charge a total expense ratio (TER) of between 0.03% for an S&P500 tracker, and 0.15% for its core emerging markets offering.
See also: Analysis: The emerging vogue for active ETFs
Meanwhile, UBS AM is also developing a range of active ETFs built around its fixed income and thematic equities capabilities.
André Mueller, head of client coverage at UBS AM, said: “As the largest Europe-based index manager, and one of the leading ETF providers, we are utilising our scale and expertise to offer a diverse range of Core ETFs for our clients.
“We are also planning to provide access to our differentiated active fixed income and thematic equities capabilities through this increasingly popular fund wrapper, complementing our existing offering of specialist, sustainable, and currency-hedged ETFs.”
This story was written by our sister title, Portfolio Adviser
