The SWX Swiss Exchange introduced a new equity index, SLI Swiss Leader Index, in July 2007, which comprises of 30 stocks in the Swiss stock market. The four stocks with the largest weight are capped at a maximum 9% of the index, while the cap for all other stocks in the SLI is 4.5%. The cap can offer investors a better stock and sector diversification.
An investment in the new UBS-ETF allows investors to participate in the performance of the 30 largest stocks of the Swiss equity market contained in the SLI Swiss Leader Index. This latest launch brings UBS’s number of exchange traded funds listed on the SWX Swiss Exchange to 10.
