The UBS MSCI ACWI Universal UCITS ETF is a passively managed fund that mirrors the MSCI ACWI Universal Low Carbon Select 5 Issuer Capped Index. It invests in a wide range of global companies across various sectors, emphasizing those with lower carbon emissions. Each company in the portfolio is weighted according to its presence in the index, and the fund limits the exposure to any single issuer to ensure broad diversification. This approach provides investors with comprehensive international equity exposure while focusing on sustainable, low-carbon businesses.