CHFON

- UBS SMI A Share Fund

Key Information

Earliest date2025-04-03
ExchangeSIX
Instrument TypeETF
MIC CodeXSWX
CountrySwitzerland

About CHFON

The UBS SMI A Share Fund is an exchange-traded fund (ETF) designed to track the performance of the Swiss Market Index (SMI), which encompasses the 20 largest and most liquid stocks on the Swiss Performance Index. This fund offers investors an opportunity to gain exposure to the prominent Swiss equity market by providing a diversified portfolio covering major sectors such as financial services, consumer goods, and pharmaceuticals, including endemic stalwarts like Nestlé, Roche, and Novartis. Its primary purpose is to emulate the performance of the SMI as closely as possible, allowing investors to participate in Switzerland's economic growth and stability. As a capital-guarded asset, the fund is particularly significant for risk-averse investors seeking steady returns within a stable economic environment, highlighting its prominence in the European financial markets.