UBS Euro Equity Defensive Put Write SF UCITS ETF EUR accIndex, costs, backtest, listings and taxation

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The objective of the Fund is capital appreciation. The Fund tracks the daily performance of an equity index, called the Euro Equity Defensive Put Write index (the 'Index'), less fees and costs and consequently is passively managed. The Fund invests in financial derivative instruments ('FDIs') with UBS AG, London Branch ('UBS') as counterparty. The Fund may also invest in securities (e.g. company shares and bonds issued by companies and governments). Under the terms of the FDIs, the performance of the Index is swapped from UBS to the Fund, and in return the performance of the securities is swapped from the Fund to UBS – consequently, the Fund's performance reflects the performance of the Index and is not impacted by the performance of the securities. The Index is designed to reflect the performance of a strategy which consists of: a) depositing money and earning a short-term interest rate (which maybe negative) and b) selling put options on the EURO STOXX 50® Index (the 'Underlying Index'). The seller of a put option on the Underlying Index receives a cash premium from the buyer, and in return the option buyer has the right to sell the Underlying Index at a fixed price in the future to the option seller. More information on the Index is available at www.solactive.com. The Fund does not invest directly in the short-term deposit, or sell put options - instead the Fund achieves these exposures indirectly using FDIs. As a result of fees and costs, the performance of the Fund on any day may be less than the performance of the Index on that day. Sustainability risks are not systematically integrated as they are not considered as part of the Index selection process. The return of the fund depends mainly on the performance of the tracked index. The share class does not pay dividends.

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Intended retail investorThis fund applies to retail investors with a basic financial understanding, who can accept a possible loss on the investment amount. The fund is aimed at growing the investment value, while granting daily access to the capital under normal market conditions. With their investment in this fund, investors can satisfy medium term investment needs. The fund is suited to be acquired by the target client segments without any restriction of the distribution channel or platform. Depositary State Street Custodial Services (Ireland) Limited Further Information Information about UBS Euro Equity Defensive Put Write SF UCITS ETF and the available share classes, the full prospectus, and the latest annual and semi-annual reports, as well as additional information can be obtained free of charge from the fund management company, the central administrator, the custodian bank, the fund distributors or online at www.ubs.com/etf. Latest price can be found at www.ubs.com/etf