Global Select Dividend


Asset management
UBS ETFs
German Edition
For professional investors only
Select Global Dividends with UBS ETFs
UBS Global Asset Management offers an Exchange Traded Fund aimed to track a dividend-focused
benchmark index which selects best yielding companies in developed economies around the globe:
Dow Jones Global Select Dividend™ Index
Key features of the DJ Global Select Div idend UBS ETFs at
a glance:
Performance and Drawdown
• Capitalizes on the dividend-focused research and expertise of the S&P
Dow Jones index provider.
500
• Provides investors with exposure to the best 100 dividend yielding
companies in the developed equity markets around the globe.
200
600
Performance
400
300
100
0
0%
• Invests in companies with the most favorable dividend profiles and
which pass the dividend-related screening criteria.
-10%
• Offers a broadly diversified portfolio of carefully selected companies
which is passively managed by tracking the total net return of the
underlying benchmark index.
-40%
-20%
-30%
-50%
Drawdown
Jan-99
Jan-01
Jan-03
Jan-05
Jan-07
Jan-09
DJ Global Select Dividend Total Return (lhs)
Drawdown DJ Global Select Dividend Total Return (rhs)
1-5%
#1
Dividend Domicile
Description
Selected companies are domiciled in the S&P
Dow Jones developed equity markets.
#2
Dividend Payment
Company must pay a current dividend.
Dividend Growth
Have a previous-year dividend-per-share (DPS)
ratio which is greater than or equal to its fiveyear average annual dividend-per-share ratio.
#4
Dividend Coverage Ratio
Have a five-year average dividend coverage
ratio of greater than or equal to 167% for U.S.
and European companies; or greater than or
equal to 125% for all other countries.*
#5
Profitability
A non-negative trailing 12-month earningsper-share (EPS).
#6
Liquidity
Have a minimum three-month daily average
trading volume of 3 million USD.
Yield-driven Weighting
Index constituent weights are assigned
annually based on indicated annual dividend
yield; the higher the dividend yield, the higher
the weight (weights of individual securities
capped at 10%).
#3
#7
DJ Global Total Return (lhs)
Drawdown DJ Global Total Return Index (rhs)
20%
USA
Germany
New Zealand
Portugal
Austria
France
Canada
40%
Australia
Hong Kong
Switzerland
Singapore
Germany
< 1%
Great Britain
> 5%
0%
Layer Selection criterion
-70%
Country break-down
Australia
To be considered eligible for the index, companies in the index universe
must pass screens for dividend quality and liquidity. The selected
companies are derived from the developed-market portion of the Dow
Jones Global Index (parent index) and they aim to represent total return
performance of 100 leading dividend-paying companies worldwide. Index
composition is rebalanced annually, however S&P Dow Jones runs a
quarterly review process and constituents with significant negative
dividend growth or negative earnings from continuing operations are
reviewed to determine if the affected company can sustain an appropriate
dividend program to remain in the index. Annual screening criteria:
-60%
Jan-13
Source: S&P Dow Jones, September 2014.
USA
DJ Global Select Dividend - selection process
Jan-11
60%
Great Britain
Sweden
Belgium
Denmark
80%
Canada
Spain
Italy
Japan
100%
France
Finland
Norway
Netherlands
Source: S&P Dow Jones, September 2014.
Sector break-down
> 15%
5-10%
Telecomm.
0%
< 5%
Utilities
20%
Telecomm.
Industrial
Health Care
Consumer Goods
Cons.
Financial Industrial Oil & Gas Serv.
40%
60%
Utilities
Oil & Gas
Basic Materials
80%
100%
Financial
Cons. Serv.
Technology
Source: S&P Dow Jones Indices: Index Methodology, July 2014.
* Dividend coverage ratio is the reciprocal of dividend payout ratio calculated as DPS/EPS.
Generally speaking, a ratio of 150% or higher is considered safe in the sense that the company
can afford the dividend payment. The ratio still depends on the country, with less strict threshold
value for non-US and non-European stocks.
Source: S&P Dow Jones, September 2014.
Past performance of investments is not necessarily an indicator of future results.
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Select Global Dividends with UBS ETFs
UBS ETF (IE) DJ Global Select Dividend UCITS ETF
Benefit from the ex pertise of the leading global S&P Dow Jones index provider and from the experience of an
established asset manager in the area of passive investments:
• The ETF uses full physical replication and invests in stocks contained
in the Dow Jones Global Select Dividend™ index.
• Market makers ensure continuous liquidity of the UBS ETF (IE)
DJ Global Select Dividend UCITS ETF on exchanges.
• The relative weightings of the companies correspond to their
weightings in the index.
• UCITS IV compliant fund.
• The investment objective is to replicate the price and net return
performance (after the deduction of a withholding tax) of the
benchmark index, net of fees.
• Various trading currencies available: USD, EUR, GBp and CHF.
• Fund is eligible for the securities lending program.
UBS ETFs – Fund details
Fund name
TER
UBS ETF (IE) DJ Global Select Dividend UCITS ETF
0.30%
AuM
8
Base Ccy.
USD
Replication Domicile
Physical
Ireland
Incept. date ISIN
04.09.2014
IE00BMP3HG27
WKN
A11471
Source: UBS Global Asset Management, data as of August 2014.
AuM in EUR, million.
Current fund performance data and further product information are available at www.ubs.com/etf.
How to contact us
Contact
Dag Rodewald
Head UBS ETF Sales Germany & Austria
Tel. +49-69-13 69 7318
[email protected]
Wolfgang Wiemers
UBS ETF Sales Germany & Austria
Tel. +49-69-13 69 7320
[email protected]
Risk disclaimer
This UBS Exchange Traded Fund invests in equities and may therefore be subject to high fluctuations in value. For this reason, an investment horizon of at least five years and corresponding risk
tolerance and capacity are required. All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. As a
result, the net asset value of the funds' assets is directly dependent on the performance of the underlying index. Losses that could be avoided via active management will not be offset.
For marketing and information purposes by UBS. Nur für professionelle Anleger. Herausgeberin des vorliegenden Dokumentes ist die unter schweizerischem Recht registrierte UBS AG. Die
Verteilung des vorliegenden Dokumentes ist nur unter den in dem anwendbaren Recht abgefassten Bedingungen gestattet. Das Dokument wurde unabhängig von spezifischen oder künftigen
Anlagezielen, einer besonderen finanziellen oder steuerlichen Situation oder individuellen Bedürfnissen eines bestimmten Empfängers erstellt. Das Dokument dient reinen Informationszwecken
und stellt weder eine Aufforderung noch eine Einladung zur Offertstellung, zum Vertragsabschluss, Kauf oder Verkauf von irgendwelchen Wertpapieren oder verwandten Finanzinstrumenten
dar. Die im vorliegenden Dokument beschriebenen Produkte bzw. Wertpapiere können in verschiedenen Gerichtsbarkeiten oder für gewisse Anlegergruppen für den Verkauf ungeeignet oder
unzulässig sein. Die im vorliegenden Dokument zusammengetragenen Informationen und erlangten Meinungen basieren auf vertrauenswürdigen Angaben aus verlässlichen Quellen, erheben
jedoch keinen Anspruch auf Genauigkeit und Vollständigkeit hinsichtlich der im Dokument erwähnten Wertpapiere, Märkte und Entwicklungen. Die Angaben in diesem Dokument werden
ohne jegliche Garantie oder Zusicherung zur Verfügung gestellt, dienen ausschliesslich zu Informationszwecken und sind lediglich zum persönlichen Gebrauch des Empfängers bestimmt. Die
vergangene Performance (ob simuliert oder effektiv) ist keine Garantie für zukünftige Entwicklungen. Kommissionen und Kosten wirken sich nachteilig auf die Performance aus. Sollte die
Währung eines Finanzproduktes oder einer Finanzdienstleistung nicht mit Ihrer Referenzwährung übereinstimmen, kann sich die Performance aufgrund der Währungsschwankungen erhöhen
oder verringern. Jegliche Information oder Meinung kann sich jederzeit ohne Ankündigung ändern. Sowohl UBS AG als auch die übrigen Mitglieder der UBS-Gruppe sind zu Positionen in den
in diesem Dokument erwähnten Wertpapieren oder anderen Finanzinstrumenten sowie zu deren Kauf bzw. Verkauf berechtigt. Das vorliegende Dokument darf ohne schriftliche Erlaubnis von
UBS AG – zu welchem Zweck auch immer – weder reproduziert noch weiterverteilt noch neu aufgelegt werden. Quelle für sämtliche Daten und Grafiken (sofern nicht anders vermerkt): UBS
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