| Tue 20 Jun 2023, 16:30 | | Listing of UBS Thematic Tracking ETNs |
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Listing of UBS Thematic Tracking ETNs
UBS AG, London Branch
(“UBS AG” or the “Company”)
(Incorporated and domiciled in Switzerland)
(Registration number: CHE-101.329.561)
Listing of UBS Thematic Tracking ETNs – Series 18-22
The JSE Limited has granted UBS AG approval for the listing of five UBS
Thematic Tracking ETNs due 27 June 2028 referencing various underlying
indices outlined below.
UBS offers a wide range of tracker ETNs that provide direct access to global
investment themes. The trackers reference an underlying index in a delta1
format. This provides investors with exposure to listed companies which
derive the majority of their revenue from the underlying theme. The selection
and rebalancing of the companies in the index is made by the respective
index provider.
LUXURY
Handmade watches, fine jewellery, fine wines, exclusive designer fashion
or high-horsepower sports cars: the market for luxury goods is expansive.
The number of consumers who can afford this high-priced variety is
steadily increasing. In line with this growth, the global market for
personal luxury goods has recovered in a V-shape from the historic slump
in the wake of the corona pandemic. The Bloomberg Luxury Series 1 Net
Return Index provides exposure to 19 companies, which are among the most
important players in the global luxury market.
BIOTECH
Investors in biotechnology have experienced turbulent performance over the
last couple of years. Like many growth sectors, performance lagged the
wider market in 2021 and the first half of 2022, as central bank hiking
led to heavier discounting of future cashflows and lower valuations. The
structural investment case remains: demographic trends driving demand for
cures, rising costs may drive regulatory pragmatism to potentially endorse
biotechnology tools that improve health outcomes and incentive for large-
cap pharma and biotech firms to acquire faster-growing smaller firms looks
set to intensify. The Bloomberg Transatlantic Top 50 Biotech Price Return
Index is composed of the largest 25 companies classified in Biotech from
Europe DM and North America regions.
OIL & GAS
Over the decades, oil and gas investments have proved to be cyclically
volatile. However, in recent years, oil and gas manufacturers have seen
impressive rallies in share prices, powered by record cash flows in
upstream processors and ever-increasing global refining capacity
downstream. Producers and processors in the industry have adapted to the
changing geopolitical and environmental concerns, leading to renewed
interest from investors. The Bloomberg Eurozone Developed Markets Top 10
Oil & Gas Index tracks the best performing companies in the European oil
and gas markets where geopolitical and environmental strife is less of a
concern, giving investors valuable exposure to the cutting-edge
developments and improvements on the non-renewable energy horizon.
METAVERSE
Younger populations are becoming a larger part of the consumer cohort as
they enter peak earnings years, and are “digital natives,” having grown up
in a world where technology was already ubiquitous. In addition to digital
acceptance more broadly, continued technological progress on metaverse
features and lower compute costs help support the metaverse. The
infrastructure build is still in relatively early stages but as the
groundwork is laid, more immersive experiences will begin to emerge and
attract consumer attention. The MSCI USA IMI Metaverse Select Index aims
to reflect the performance of companies involved in the metaverse trend,
captured via subthemes including social media, digital payments, e-
commerce, machine learning and artificial intelligence.
SPACE
The space economy is poised for liftoff, fueled by stronger private sector
funding, major advances in satellite technology, robust growth in new
space applications and industries, and most importantly, significantly
lower launch costs. A broader range of applications in communication and
security, as well as new industries such as space mining, space
manufacturing, space tourism, and space-based solar power—and their
accompanying needs for suitable ground equipment—are set to drive strong
growth over the decades ahead. The European Space Agency’s vast expertise
has informed the development and composition of the Euronext Helios Space
Index. The index aims to track the stock market performance of companies
that operate in the space industry including developers and manufacturers
of space systems, aviation, navigation, and satellite companies as well as
engine manufacturers.
These listings are issued under the JSE Placement Document. Trading will
commence on Wednesday, 21 June 2023.
INSTRUMENT NUMBER: 109711
ALPHA CODE: USPACE
ISIN: ZAE000322889
ISSUE SIZE (UNITS): 250,000
ISSUE PRICE (RAND/UNIT): 100.00
UNDERLYING INDEX: Euronext Helios Space Index NR
Bloomberg code: HESPACEN Index
LISTING DATE: 21 June 2023
EXPIRY DATE: 27 June 2028
INSTRUMENT NUMBER: 109847
ALPHA CODE: BIOTEC
ISIN: ZAE000323481
ISSUE SIZE (UNITS): 250,000
ISSUE PRICE (RAND/UNIT): 100.00
UNDERLYING INDEX: Bloomberg Transatlantic Top50 Biotech Net
Return Index EUR
Bloomberg code: EUSBION Index
LISTING DATE: 21 June 2023
EXPIRY DATE: 27 June 2028
INSTRUMENT NUMBER: 109846
ALPHA CODE: ULUXSE
ISIN: ZAE000323473
ISSUE SIZE (UNITS): 250,000
ISSUE PRICE (RAND/UNIT): 100.00
UNDERLYING INDEX: Bloomberg Luxury Series 1 Net Return Index
EUR
Bloomberg code: LUXS1N Index
LISTING DATE: 21 June 2023
EXPIRY DATE: 27 June 2028
INSTRUMENT NUMBER: 109848
ALPHA CODE: OILGAS
ISIN: ZAE000323499
ISSUE SIZE (UNITS): 250,000
ISSUE PRICE (RAND/UNIT): 100.00
UNDERLYING INDEX: Bloomberg Eurozone DM Top 10 Oil & Gas Net
Return Index EUR
Bloomberg code: EU10OGNE Index
LISTING DATE: 21 June 2023
EXPIRY DATE: 27 June 2028
INSTRUMENT NUMBER: 109924
ALPHA CODE: METVRS
ISIN: ZAE000323614
ISSUE SIZE (UNITS): 250,000
ISSUE PRICE (RAND/UNIT): 100.00
UNDERLYING INDEX: MSCI USA IMI Metaverse Select Index Net
USD
Bloomberg code: MXUSIMTN Index
LISTING DATE: 21 June 2023
EXPIRY DATE: 27 June 2028
For further information kindly contact:
UBS KeyInvest South Africa
Tel.: +27 11 322 7129 / 7317
E-mail: keyinvestza@ubs.com
Web: http://keyinvest-za.ubs.com/products
Johannesburg
20 June 2023
Sponsor: UBS South Africa (Pty) Limited
Date: 20-06-2023 04:30:00
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