(SW2CHB) UBS(Lux)Fund Solutions – - Ratings and Ratios

The UBS(Lux)Fund Solutions – MSCI Switzerland20/35 UCITS ETF(CHF)A-acc is an exchange-traded fund designed to replicate the performance of the MSCI Switzerland20/35 Index (Net Return), providing investors with exposure to the Swiss equity market. The funds currency-hedged share classes aim to mitigate the effects of currency fluctuations between the reference currency and the index currency by employing a hedging strategy using one-month forward currency contracts.

This ETF is categorized under Switzerland Equity and is listed on the Swiss exchange. As a tracker fund, it offers a diversified portfolio of Swiss equities, allowing investors to gain broad market exposure with a single investment. The funds assets under management (AUM) stand at approximately CHF 1.777 billion, indicating a reasonable level of liquidity and scale.

Analyzing the technical data, the ETFs last price is CHF 28.68, with short-term, medium-term, and long-term moving averages (SMA20, SMA50, SMA200) at CHF 28.59, CHF 27.89, and CHF 27.82, respectively. These indicators suggest a positive trend, as the short-term average is above the longer-term averages, indicating potential upward momentum. The Average True Range (ATR) is CHF 0.28, or 0.98%, signifying relatively moderate volatility.

Based on the technical and fundamental data, a forecast for the ETF can be derived. Given the positive trend indicated by the moving averages and the relatively stable volatility, it is reasonable to expect the ETF to continue its upward trajectory in the short to medium term. However, it is essential to monitor the funds tracking error and the performance of the underlying index. If the MSCI Switzerland20/35 Index continues to perform well, and the hedging strategy remains effective, the ETF is likely to maintain its positive trend. A potential target price could be around CHF 30.50, representing a 6-7% increase from the current price, assuming the index continues to grow and the funds expenses remain under control.

Investors should consider the overall market conditions, the Swiss economys outlook, and the performance of the underlying index when making investment decisions. It is also crucial to evaluate the ETFs fees, tracking error, and liquidity before investing. By doing so, investors can make informed decisions and potentially benefit from the funds exposure to the Swiss equity market.