UBS launches two Nasdaq-focused ETFs

UBS asset management (UBS AM) has launch a pair of new exchange-traded funds (ETFs) offering Ucits investors exposure to the Nasdaq-100 index and its ESG-enhanced counterpart.

The UBS ETF Nasdaq-100 Ucits ETF tracks the Nasdaq-100 Notional Index, which includes the largest non-financial companies listed on the Nasdaq Stock Exchange. The index covers a broad canvass of sectors, including technology, telecommunications, retail, and biotechnology.

For sustainability-minded investors, the SFDR Article 6 classified fund is launched alongside the UBS ETF Nasdaq-100 ESG Enhanced Ucits ETF, and tracks the Nasdaq-100 Sustainable ESG Select Notional Index.