UBS Asset Management has launched the UBS Nuclear Economies Ucits ETF, offering investors targeted exposure to the uranium and nuclear energy value chain through a Ucits ETF.
Ucits are the EU’s regulated cross-border investment vehicles. The ETF tracks the Solactive Global Uranium & Nuclear Economies Index, providing diversified exposure to companies involved in uranium mining and exploration, physical uranium investments, and technologies linked to the uranium industry, including nuclear component manufacturers. Nuclear power plant operators are excluded from the index.
The fund applies exclusions in line with the index methodology, including companies involved in controversial weapons, those flagged as UN Global Conduct violators, or firms exceeding reputational risk monitoring thresholds. The ETF discloses under Article 6 of the Sustainable Finance Disclosure Regulation.
Asset managers weigh nuclear energy and geopolitics as ESG dilemmas
Under the EU’s Sustainable Finance Disclosure Regulation, Articles 6, 8, and 9 classify funds based on their approach to sustainability. Article 6 funds are those that do not integrate sustainability into their investment process, focusing primarily on financial returns without specific ESG considerations. Article 8 funds promote environmental and social characteristics but do not have sustainability as their core objective. Article 9 funds aim for sustainable investments as a primary objective, targeting measurable environmental or social outcomes.
The ETF will be listed on the Six Swiss Exchange and electronic German stock exchange Xetra.
Amanda Rebello, head ETF and index fund client coverage, UBS Asset Management, commented: “As power demand grows and energy security rises up the agenda for several nations, nuclear economies are re‑entering the conversation for long‑term infrastructure and industrial policy. For investors seeking to participate in the strategic growth of the nuclear energy sector, the UBS Nuclear Economies UCITS ETF provides a transparent and efficient way to access a theme that has the potential to play a central role in the future of global energy supply.”
The fund is registered for sale in Austria, Switzerland, Germany, Denmark, Spain, Finland, France, the UK, Ireland, Italy, Liechtenstein, Luxembourg, the Netherlands, Norway, Portugal, Sweden and Singapore.
