Hi there beloved Community,
although i have read a lot here, this is my first proper post
I have a question regarding ETFs for the ones that would wish to help… I am with Degiro and investing in VWRL for the World exposure part of my portfolio. I would like to add a Swiss based (in CHF) and an European based (EUR) EFT to my portfolio.
I have found this one CHF part: https://www.ubs.com/2/e/kiid/KIID_CH0111762537_en_CH.pdf
but im unsure when I read things like " objective of the subfund is to replicate the price and return performance of the SMIM® gross of fees."
Why do they call it a subfund?
Any recommendation for the European part?
Looking forward to read from you!