UBS Switches ETF Benchmarks to New SBI ESG Foreign AAA-BBB Index from SIX

SIX is delighted that UBS is converting two of their UBS (Lux) Fund Solutions to the new SBI ESG Foreign AAA-BBB, which was launched on 1 September 2021. This underpins the growing transition towards more sustainable investment solutions.

UBS Switches ETF Benchmarks to New SBI ESG Foreign AAA-BBB Index from SIX
Published at
Medium
News

UBS has transitioned its UBS (Lux) Fund Solutions - SBI® Foreign AAA-BBB 1-5 UCITS ETF and UBS (Lux) Fund Solutions - SBI® Foreign AAA-BBB 5-10 UCITS ETF to the new SBI® ESG Foreign AAA-BBB 1-5 Total Return and SBI® ESG Foreign AAA-BBB 5-10 Total Return from SIX respectively. They are the first ETFs using these new sustainable benchmarks by SIX and reflect the high rise in demand for ESG investment opportunities.

“Swapping standard indices with ESG versions is gaining additional momentum. It is great to see UBS taking this step and expanding their ESG fund offering,” comments Dr. Christian Bahr, Head Index Services at SIX. Raimund Müller, Head ETF & Index Fund Sales CH & LI at UBS highlights: “Sustainable investing is seeing strong capital growth worldwide, a trend reflected in asset growth in Switzerland. The growing popularity of using ETFs in sustainable investment strategies has enabled us to engage with our clients and remains at the core of our product development strategy. We will continue to expand our ESG ETF offering into the Swiss bonds segment.”

The SBI ESG Foreign AAA-BBB index contains the CHF-bonds of foreign issuers listed at the SIX Swiss Exchange. It is a subset of the overall SBI ESG index. With this index and the fund, investors can select their exposure in the fixed income segment more granularly.

For further information on the new SBI ESG Foreign AAA-BBB Index from SIX, including its methodology and rules, please click here. To access the list of all Index-Based Products of SIX, please click here.