UBS Euro Equity Defensive Put Write SF UCITS ETF EUR acc

The UBS FS Euro Eq Defensive Put Wit SF ETF aims to track the Euro Equity Defensive Put Write Index by using a swap agreement. To achieve this, the fund holds a portfolio of high-quality G10 government bonds, supranational bonds, and cash, which serve as collateral for the swap. This strategy allows the ETF to implement a defensive approach in the European equity market, providing protection against downside risks while maintaining exposure to Euro-denominated stocks. The fund is passively managed to closely replicate the performance of its target index.