UBS EUR Ultra-Short Bond Screened UCITS ETF EUR acc

The Fund aims to track, before expenses, the price and income performance of the Solactive EUR Ultra-Short diversified Bond ESG Index (Total Return) (the "Index"). The Fund seeks to hold a representative selection of components comprising the underlying Index selected by the Investment Manager using a Sampling Strategy. The Fund invests in a representative sample of components of the Index selected by the Investment Manager using a "portfolio optimisation" technique. For each security, a decision is made based on its investment characteristics as to whether it should be considered for inclusion in the Fund replicating the Index. At least 90% of the securities in the Fund, excluding cash, money market funds and derivatives have an ESG rating. The Index is eliminating at least 20% of the least well-rated securities as against the standard index universe. It is expected that the Fund's resulting ESG rating will be higher than the ESG rating of a sub-fund tracking a standard index. The proportionate exposure by the Fund to the component securities will be achieved either through direct investment or through the use of derivatives or through a combination of both techniques. The Fund may further hold securities which are not comprised in its Index where the Investment Manager considers that such securities may provide a similar return to certain securities that make up the Index and believes this to be appropriate considering the Fund's investment objective and the investment restrictions or other factors. The Fund will invest its net assets predominantly in bonds, transferable securities, money market instruments, units of collective investment schemes, deposits with credit institutions, structured notes listed or dealt in on a regulated market and other assets eligible under the rules set forth in the chapter “Investment Restrictions" of the prospectus. The Fund promotes environmental and/or social characteristics and complies with article 8 of SFDR. The Fund will not enter into any securities lending. The return of the fund depends mainly on the performance of the tracked index. Investors other than authorized participants may not subscribe for shares directly with UBS (Irl) ETF plc, but may purchase and sell shares, through an intermediary, on one of the stock exchanges listed for the share class on the website www.ubs.com/etf. In exceptional circumstances, direct redemptions with UBS (Irl) ETF plc, are however possible on each dealing day (as set out in the relevant supplement to the prospectus). Authorized participants may subscribe and redeem shares with the UBS (Irl) ETF plc under the conditions detailed in the relevant authorized participant agreement. Fund income is not paid out, but instead will be reinvested. The Fund will not enter into any securities lending.