"UBS ETF (IE) MSCI Europe Climate Paris Aligned UCITS ETF (EUR) A-acc" is an exchange-traded investment fund (ETF). It refers to the MSCI Europe Climate Paris-Aligned Index. This index reflects the development of 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 0.15% per year.