One ETF launched by UBS on Borsa Italiana

UBS issued the UBS MSCI World Select Factor Mix UCITS ETF. The investment objective of this instrument is to replicate the price and return performance of the MSCI USA Select Factor Mix 100% hedged to EUR Index, which captures large, mid and small cap securities of the U.S. equity markets. The index is constructed using a combination of six factor Indexes and is designed to represent the performance of long-term risk factors such as Momentum, Value, Quality, Shareholder Yield, Volatility and Size.