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UBS MSCI AC Asia ex Japan Selection UCITS ETF USD accIndex, costs, backtest, listings and taxation

ISIN: IE0003VC1PW8Issuer: UBS
Issuer-declared data
Declared index
MSCI AC Asia ex Japan Selection Low Carbon Select 5% Issuer Capped Index (Net Total Return)
TER
0.30%
Transaction costs
0.03% (issuer estimate, from the KID)
Management
Passive (index-tracking) (from the KID)
Income policy
SFDR
Article 8 — promotes environmental or social characteristics what does it mean?
NAV
26.75 USD
Domicile
Ireland
Inception date
26 June 2023
Data as declared by UBS in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
Fund historyThe fund-assets (AUM) chart year by year, from declared data.Open the history →
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Description

UBS MSCI AC Asia ex Japan Selection UCITS ETF USD acc tracks the issuer-declared index: MSCI AC Asia ex Japan Selection Low Carbon Select 5% Issuer Capped Index (Net Total Return). The declared annual cost (TER) is 0.30%, plus 0.03% in transaction costs estimated by the issuer in the KID. The fund was launched on 26 June 2023 and is domiciled in Ireland.

The fund’s objective — in the issuer’s words(the issuer publishes the KID in Italian)

Il Fondo è gestito in modo passivo e mira a replicare la performance dell'indice MSCI AC Asia ex Japan Selection Low Carbon Select 5% Issuer Capped Index (Net Total Return) (l'«Indice»).

Keep reading the KID section ▾

L'Indice è concepito per misurare l'andamento di società a media e alta capitalizzazione in Asia (Giappone escluso) con elevati punteggi ambientali, sociali e di corporate governance (ESG) rispetto ai loro omologhi, evitando al contempo le società con un impatto sociale o ambientale negativo. Questo approccio esclude almeno il 20% dei titoli con punteggio più basso rispetto all'universo dell'indice standard (per maggiori informazioni si rimanda alla Descrizione dell'Indice riportata nel supplemento). Si prevede che il conseguente punteggio ESG del Fondo sia più alto di quello di un fondo che replica un indice standard. Almeno il 90% dei titoli del Fondo, fatta eccezione per la liquidità, i fondi del mercato monetario e gli strumenti derivati, è dotato di rating ESG. In circostanze eccezionali il Fondo può anche detenere titoli che non sono inclusi nell'Indice, tra cui, ad esempio, titoli per i quali è stato annunciato o è previsto che verranno presto inclusi nell'Indice. Al fine di ridurre il rischio o i costi, il Fondo può ricorrere a strumenti derivati. L'uso di strumenti derivati può moltiplicare i guadagni o le perdite del Fondo relativi a un determinato investimento o ai suoi investimenti in generale. L'impatto delle oscillazioni dei cambi tra la valuta dell'Indice e qualsiasi moneta estera viene ridotto utilizzando una versione valutaria dell'Indice per monitorare i tassi di copertura e di investimento e per effettuare adeguamenti qualora tali parametri vengano violati a causa dei movimenti di mercato. La copertura riduce l'effetto delle oscillazioni del tasso di cambio tra le monete in cui sono denominate le azioni incluse nell'Indice e la moneta della Classe di quote. Questo Fondo promuove caratteristiche ambientali e/o sociali ma non ha come obiettivo investimenti sostenibili. Il Fondo non concluderà operazioni di prestito titoli. Il rendimento del fondo dipende principalmente dalla performance dell'indice replicato. I proventi del Fondo non vengono versati, bensì reinvestiti.

Investitore al dettagliocui si intende commercializzare il prodotto Questo fondo è destinato a investitori retail con conoscenze di base in materia finanziaria, che sono in grado di sostenere una possibile perdita sull'importo investito. Il fondo mira a far crescere il valore dell'investimento e si rivolge agli investitori che hanno una preferenza per gli investimenti sostenibili, fornendo al contempo accesso giornaliero al capitale in condizioni di mercato normali. Mediante questo fondo, gli investitori possono soddisfare le loro necessità di investimento a medio termine. Questo fondo è indicato per essere acquistato dai segmenti di clientela target senza restrizioni a livello di canale o di piattaforma di distribuzione.

From the KID’s “Objectives” section · 2 September 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Quick reads

  • TER 0.30%: above the median of equity ETFs we track (0.22%).
Comparisons computed by Rebalix on the declared data in our census; they describe the past and are not indicative of future results.

Official documents

Key Information Document (KID)PDF in Italian, from the issuer’s site — always the latest filed version
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Fund performance

issuer-declared net asset value (NAV) · USD · from Jun 2023 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+85.0%
Annualised
+21.2%
Volatility (ann.)
18.4%
Max drawdown
-17.13%
-11%+15%+41%+67%+94%Jun 2023Apr 2024Jan 2025Nov 2025Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+85%Jun 2023Sept 2026
Note — currency risk: the fund is denominated (or hedged) in USD and the chart is in USD. For a euro investor, returns also depend on the EUR/USD exchange rate, up or down.
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-5%-10%-15%-20%2023202420252026−17.13% · 09 Apr 2025
Max drawdown
-17.13%
peak → trough
Trough
09 Apr 2025
from the 02 Oct 2024 peak
Recovery time
57 days
recovery only: trough to break-even
Underwater
246 days
decline + recovery: peak to break-even · ≈ 8 months · → recovered on 05 Jun 2025

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
02 Oct 202409 Apr 2025-17.13%05 Jun 2025246
31 Jul 202326 Oct 2023-13.80%16 May 2024290
26 Feb 202631 Mar 2026-12.76%20 Apr 202653
02 Jun 202630 Jul 2026-10.88%ongoing98
12 Jul 202405 Aug 2024-9.17%20 Sept 202470

Calendar-year returns

2023
1.4%
2024
9.5%
2025
31.9%
2026
26.3%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20267.33.2-12.215.711.7-2.3-2.54.41.026.3
20250.52.90.01.14.96.41.71.07.33.3-1.91.331.9
2024-5.75.00.31.01.93.3-0.23.09.9-5.4-2.9-0.19.5
20236.6-6.6-3.5-3.96.13.21.4
From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested where declared). Deeper colour = larger move.
Source: UBS. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available July 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Tracking difference — fund vs index

How much the fund returned above (+) or below (−) its index, year by year. It measures the actual deviation: the combined effect of costs (TER and transaction), securities-lending revenue and replication optimisations — which is why it can beat the TER.
Declared TER
0.30%
YearFundIndexDifference
2025+31.87%+32.16%-0.29%
2024+9.51%+9.63%-0.11%
Total-return figures from issuer-declared series (primary source); complete calendar years. TD is not comparable across sites using different methodologies or index variants. Past performance is not indicative of future results. What is tracking difference? →

Risk indicators· EUR

Last yearLast 3 years
Volatility (ann.)21.46%17.90%
Max drawdown-10.83%-18.69%
Sharpe1.500.95
Sortino2.181.32
Windows longer than the available price history cannot be computed and are not shown: they will appear on their own as time passes. Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.21%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR — series converted day by day at ECB reference rates; the table follows the currency selected in the chart.

Italian taxation

Effective rate on capital gains
26.00%
White-list share
0.00%
From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.
Deep-dive into this fund’s taxation →

Frequently asked questions

Which index does UBS MSCI AC Asia ex Japan Selection UCITS ETF USD acc track?
The issuer UBS declares the benchmark: MSCI AC Asia ex Japan Selection Low Carbon Select 5% Issuer Capped Index (Net Total Return).
How much does UBS MSCI AC Asia ex Japan Selection UCITS ETF USD acc cost?
The issuer-declared TER is 0.30% per year; the transaction costs estimated in the KID are 0.03%.
How is UBS MSCI AC Asia ex Japan Selection UCITS ETF USD acc taxed in Italy?
On sale, the capital gain is taxed at an effective 26.00% rate (white-list share 0.00%): 12.5% on the government-bond “white list” portion, 26% on the rest.
When was UBS MSCI AC Asia ex Japan Selection UCITS ETF USD acc launched?
The fund was launched on 26 June 2023: it has 3 years of history.
How does UBS MSCI AC Asia ex Japan Selection UCITS ETF USD acc replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (mixed: optimised/sampled) (issuer wording: “Physical + Optimized (equities) / sampled (bonds)”).
Does UBS MSCI AC Asia ex Japan Selection UCITS ETF USD acc pay dividends?
Issuer-declared income policy: “No”.
What was UBS MSCI AC Asia ex Japan Selection UCITS ETF USD acc's worst fall?
Over the available history (since 2023), the maximum drawdown was -17.13%, reached in April 2025. Past performance is not indicative of future results.
Transparency note
The data in this sheet is declared by UBS in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.