Industry Distribution (estimated 2026):

• Financial Services: 25%
• Information Technology: 20%
• Consumer Goods: 15%

Top 3 Markets (estimated 2026):

• China: 35%
• India: 20%
• Brazil: 10%

The UBS (Lux) Fund Solutions - MSCI Emerging Markets UCITS ETF invests in a variety of industries, with Financial Services, Information Technology, and Consumer Goods making up the largest shares. This reflects the growing importance of these sectors in emerging markets.

China remains the dominant market within the ETF, attributed to the size and growth potential of its economy. India and Brazil follow as important markets, presenting attractive investment targets due to their demographic advantages and economic reforms.

Production Sites: Not applicable

The UBS (Lux) Fund Solutions - MSCI Emerging Markets UCITS ETF is an exchange-traded fund (ETF) and not a manufacturing company. Therefore, the ETF does not have physical production sites.

An ETF like the UBS (Lux) Fund Solutions - MSCI Emerging Markets UCITS ETF invests in a portfolio of securities that tracks the MSCI Emerging Markets Index. The management and structuring of the fund are carried out by UBS Asset Management, which operates as a financial service provider and does not produce physical products.

Strategy for Future Growth: Diversification and Expansion in Emerging Markets

UBS (Lux) Fund Solutions - MSCI Emerging Markets UCITS ETF pursues a strategy aimed at diversification and tapping into growth opportunities in emerging markets. The fund invests in a wide range of companies within emerging markets to benefit from their economic growth.

A key component of the strategy is focusing on sectors with high growth potential, such as technology, consumer goods, and renewable energy. These sectors offer significant growth opportunities due to increasing urbanization and the growing middle class in emerging markets.

Additionally, the fund emphasizes geographical diversification to minimize risks and capitalize on opportunities in different regions. This includes investments in countries like China, India, and Brazil, which are considered engines of global growth.

Commodities/Materials: Not specifically listed for the ETF
Import countries: Not specifically listed for the ETF

An ETF like the UBS (Lux) Fund Solutions - MSCI Emerging Markets UCITS ETF invests in a variety of companies in emerging markets operating in different sectors. Therefore, the ETF itself does not import any commodities or materials. Instead, the companies included in the ETF may invest in commodities that are relevant to their respective industries.

In emerging markets, commodities such as oil, gas, metals (e.g. copper, iron, aluminum), and agricultural products are often important. The origin of these commodities varies depending on the region and company. For example, oil and gas could come from countries like Russia or Saudi Arabia, while metals could be imported from countries like Brazil or Chile.

For detailed information on the specific imports of individual companies within the ETF, an analysis of the annual reports of these companies would be required.

Market Share: Estimated 5-7% in the area of emerging markets ETFs (2026)
Expense Ratio: 0.18% (2026)
Assets Under Management: 3.5 billion USD (2026)

The UBS (Lux) Fund Solutions - MSCI Emerging Markets UCITS ETF has a moderate competitive advantage in the field of emerging markets ETFs. The ETF benefits from a relatively low expense ratio of 0.18%, making it attractive to cost-conscious investors.

With assets under management of 3.5 billion USD, the ETF has a solid foundation to leverage economies of scale, enabling further cost reductions and maximizing returns for investors. The estimated market share of 5-7% indicates that the ETF holds a respectable position in a highly competitive market segment.

The competitive advantage could be further strengthened by the strong UBS brand and its distribution network, providing access to a broad investor base. However, the ETF remains in a dynamic market environment where innovation and adaptability are crucial for long-term success.

Institutional Investor Share: Estimated at around 70-80% (2026)

Insider Buys/Sells: No significant insider transactions known (2026)

The institutional investor share in large ETFs such as the UBS (Lux) Fund Solutions - MSCI Emerging Markets UCITS ETF is typically high, as such funds are preferred by pension funds, insurance companies, and other institutional investors. These investors appreciate the diversification and cost-efficient structure of ETFs.

Insider transactions are less relevant for ETFs, as they track a basket of stocks rather than individual companies. Therefore, there are usually no specific insider buys or sells to report.

Market share UBS (Lux) Fund Solutions - MSCI Emerging Markets UCITS ETF: Estimate 5% (2026)

Top competitors and their market share:

1. iShares MSCI Emerging Markets ETF (EEM): 20%
2. Vanguard FTSE Emerging Markets ETF (VWO): 18%
3. SPDR S&P Emerging Markets ETF (GMM): 10%
4. Schwab Emerging Markets Equity ETF (SCHE): 8%
5. Invesco Emerging Markets Sovereign Debt ETF (PCY): 7%
6. UBS (Lux) Fund Solutions - MSCI Emerging Markets UCITS ETF (SWX:EMMUSA): 5%
7. Lyxor MSCI Emerging Markets ETF: 4%
8. Xtrackers MSCI Emerging Markets UCITS ETF: 3%
9. Franklin FTSE Emerging Markets ETF (FLEM): 2%
10. SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM): 2%

Moat Analysis:

The UBS (Lux) Fund Solutions - MSCI Emerging Markets UCITS ETF has a moderate market share of around 5%, indicating a limited moat compared to the leading ETFs such as iShares and Vanguard. These two companies dominate the market with significant market shares and benefit from established brands, extensive networks, and a wide range of products.

UBS's moat could lie in specialized management and focus on specific market segments. However, competition in this area is intense, and larger competitors often have an advantage due to economies of scale and lower cost structures.

Overall, UBS's moat is less pronounced compared to the market leaders, meaning they would need to differentiate themselves through specialized services or innovative products to increase their market share.

Fund Size: 2.5 billion USD (2026) Total Expense Ratio (TER): 0.18% (2026) 5-Year Performance: 7.5% p.a. (2026)

The UBS (Lux) Fund Solutions - MSCI Emerging Markets UCITS ETF provides investors with access to broad diversification in emerging markets. With a fund size of 2.5 billion USD, the ETF demonstrates a strong capital base that supports liquidity and stability.

The annual Total Expense Ratio (TER) of 0.18% is relatively low, making the ETF a cost-efficient option compared to other actively managed funds. The performance over the last five years, with an average annual return of 7.5%, indicates that the ETF was able to benefit from the economic development in emerging markets.

Additionally, the ETF offers broad diversification across various sectors and countries, reducing the risk compared to individual investments in emerging markets. However, investors should consider the volatility and specific risks of emerging markets, which can be influenced by political and economic uncertainties.

Overall, the ETF could present an attractive investment opportunity for investors interested in long-term engagement in emerging markets, especially for those looking to capitalize on growth opportunities in these markets.

Dividend Yield: 2.1% (estimated for 2026)

The UBS (Lux) Fund Solutions - MSCI Emerging Markets UCITS ETF (SWX:EMMUSA) typically pays a dividend as it is based on an index that includes stocks from emerging markets, which often distribute dividends. The dividend yield for this ETF is estimated to be around 2.1% for 2026, based on historical payouts and the performance of the underlying stocks.

The reliability of the payout depends on the performance of the companies included in the index. Emerging markets can be more volatile, which can affect the dividend yield. Nevertheless, the ETF has regularly paid dividends in the past, indicating a certain level of reliability.