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

The UBS (Lux) Fund Solutions – MSCI China ESG Universal Low Carbon Select UCITS ETF (USD) A-dis is an exchange-traded fund listed on the XETRA exchange with the ticker symbol UETC. This ETF is designed to track the Morningstar China TME NR USD index, providing investors with exposure to Chinese equities while incorporating environmental, social, and governance (ESG) considerations and a focus on low carbon emissions.

From a technical analysis perspective, the ETF is currently trading at $9.30, indicating a bullish trend as it is above its 20-day Simple Moving Average (SMA) of $8.77. However, it is slightly below its 50-day SMA of $9.20, suggesting a potential resistance level. The 200-day SMA stands at $8.48, further supporting the overall bullish long-term trend. The Average True Range (ATR) is 0.23, or 2.48% of the current price, indicating moderate volatility. Given these technical indicators, a potential trading strategy could involve monitoring the ETFs ability to break through the $9.20 resistance level, with a potential target of approaching its 52-week high of $10.14.

Fundamentally, the ETF has Assets Under Management (AUM) of 187.40 million EUR, indicating a reasonable size that can provide liquidity for investors. The focus on ESG and low carbon emissions aligns with growing investor interest in sustainable investments, potentially driving demand for this ETF. The underlying index, Morningstar China TME NR USD, is designed to represent the Chinese equity market, offering a diversified portfolio of stocks.

Combining technical and fundamental analysis, a forecast for UETC could involve a bullish outlook if it can break through the $9.20 resistance level and sustain a move towards its 52-week high of $10.14. This would be supported by the ETFs alignment with sustainable investment trends and its diversified exposure to the Chinese equity market. Conversely, failure to break through resistance and a decline below the 20-day SMA could indicate a bearish trend, potentially targeting the 200-day SMA at $8.48. Investors should closely monitor both the technical indicators and the overall performance of the Chinese equity market, as well as trends in ESG and sustainable investing.