Ultimate Swiss investor ETF

[pandas]

@Moustachu

Why is the cost of hedging not included in TER and not transparent?

Because it’s part of the index they’re tracking:

Index name: MSCI ACWI with Developed Markets 100% hedged to CHF Index

Joke’s on you if you didn’t know what you were buying and how exactly this index is constructed. There is extensive documentation on MSCI’s site. UBS just strives to deliver you the performance of the index minus TER.

@Moustachu

Second of all, when I try to find how exactly UBS defines a “conversion charge”, it is nowhere to be found

Not applicable to you. Even entry/exit charges don’t apply, it’s more for market makers

Your entry/exit costs is whatever your broker charges to execute your trades on the exchange (+stamp duty in case of swiss brokers)

[Moustachu]

@pandas

Joke’s on you if you didn’t know what you were buying and how exactly this index is constructed.

Haven’t bought, indeed this is exactly why I’m asking these questions. Thank you for the answer and taking the time.