UBS Emerging Markets Equity Fund (UAM14)
UBS has launched the UBS Emerging Markets Equity Fund (UAM14) on the ASX's mFund platform, which invests in around 30 companies in emerging markets.
It is benchmarked against the MSCI Emerging Markets Net Total Return Index and UBS says it provides investors with access to their best ideas within the compelling emerging markets growth story.
"The fund has a high conviction focused strategy and invests in emerging markets equity securities, taking meaningful positions at the company level, seeking to identify the best opportunities to add value," UBS says.
The fund will have a minimum initial investment of $20,000 and carries a management fee of 1.20%.