UBS Sustainable Development Bank Bonds 1-5 UCITS ETF USD acc

UBS(Lux)FS Sust Devpmt Bk Bds 1-5 Idx invests in a diverse range of bonds issued by multilateral development banks around the world. The fund mirrors the Solactive Global Multilateral Development Bank Bond USD 25 Issuer Capped 1-5 Index by holding bonds from various development banks, with each issuer's allocation matching their weight in the index. This approach provides investors with a portfolio focused on supporting sustainable development through fixed-income securities issued by reputable international financial institutions.