"UBS ETF (IE) MSCI World Socially Responsible UCITS ETF (hedged to EUR) A-acc" is an exchange-traded, Euro hedged investment fund (ETF). It refers to the MSCI World SRI Low Carbon Select 5% Issuer Capped 100% hedged to EUR Index. This index reflects the development of world wide stocks . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings (dividends) are automatically reinvested (accumulated). The fund company UBS ETF claims a total expense ratio (TER) of 0.22% per year. The yearly average divergence from the index performance (Tracking Difference) since 2021 was 0.00% per year. Therefore, the ETF was less expensive than the TER suggests.