UBS taking ETFs one step further..

One of the advantages of running a Global ETP and ETP derivatives database is the insight it provides on available investments plays.

Being sort of a Global Macro Top-down, Bottom-Up investor myself, I have always been drawn to the possibility the Global ETP space provides in adding a currency overlay.

If I believe the US Dollar is going to appreciate against the Euro, but also think the broad Eurozone market is relatively attractive, I have a large selection of US domiciled ETPs to select from.

Exchanges all around the word provide me with endless combinations, as long as I pay my broker to be connected the the individual exchanges.

UBS has now launched a basket of five ETFs providing investors SGD denominated exposure to various markets, but listed on the Swiss SiX Exchange.

In a environment where everybody is talking about Smart Beta, this move is certainly nice and accretive. Im certain other ETP Providers will copy the idea if it attract AUM, and why should it not.

The products are:

UBS ETF MSCI Canada 100% hedged to SGD UCITS ETF (SGD) A-acc

UBS ETF MSCI EMU 100% hedged to SGD UCITS ETF (SGD) A-acc

UBS ETF MSCI Japan 100% hedged to SGD UCITS ETF (SGD) A-acc

UBS ETF MSCI Switzerland 20/35 100% hedged to SGD UCITS A-acc

UBS ETF MSCI United Kingdom 100% hedged to SGD UCITS A-acc

 
like0