The $252m Ireland-domiciled UBS ETF MSCI World UCITS ETF was cut from 0.30% to 0.10%, according to a document published by UBS AM. The TER now matches that of the HSBC MSCI Europe UCITS ETF, making both funds the cheapest MSCI ETFs in Europe.
With an AUM of $3.7bn, the UBS ETF S&P 500 ESG UCITS ETF was the largest fund to have a fee cut, with its TER cut from 0.12% to 0.10%
European ETF and ETC inflows soar 80% in 2023
The $3.7bn UBS ETF MSCI Emerging Markets UCITS ETF followed a fee reduction from 0.23% to 0.18%.
UBS reported losses last year due to the integration of Cred…
