UBS Asset Management has launched a new low-cost ETF range and signaled its intention to enter the active ETF market.
The new Core suite contains seven ETFs and covers all the major asset classes, including the US, Europe, Emerging Markets and Japan. The asset manager plans to add fixed income products to the range at a future date.
The total expense ratio on the funds range from 0.03% on the UBS Core S&P 500 Ucits ETF, to 0.15% on the UBS Core MSCI Emerging Markets Ucits ETF.
