ETF · UBS
UB12 UBS Core MSCI Europe UCITS ETF EUR dis- Distribution
ISIN LU0446734104London Stock Exchange: UB12UBS Group AG
- European shares
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£88.99
on
- Ongoing charge
- 0.10% a year
- Fund size
- £1.0bn
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, UB12 (UBS Core MSCI Europe UCITS ETF EUR dis- Distribution, ISIN LU0446734104) closed at £88.99 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the five years to 30/09/2026 its total return was +63.2%, or +27.6% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- +15.9%
- +12.2% after inflation (UK CPIH)
- 3 years to 30/09/2026
- +51.8%
- +37.0% after inflation (UK CPIH)
- 5 years to 30/09/2026
- +63.2%
- +27.6% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,632 on 30/09/2026 — about £1,276 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of UBS (Lux) Fund Solutions SICAV - UBS Core MSCI Europe UCITS ETF EUR dis- Distribution in pounds (price only, income paid out not included): 2022 −6.2%, 2023 +9.9%, 2024 +0.7%, 2025 +22.7%; 2026 to 30/09/2026 +5.0%. Returns of UBS (Lux) Fund Solutions SICAV - UBS Core MSCI Europe UCITS ETF EUR dis- Distribution in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +11.9%; to 30/09/2025: +9.9%; to 30/09/2024: +12.6%; to 30/09/2023: +14.5%; to 30/09/2022: −12.4%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +5.0% | +2.1% | |
| +22.7% | +18.5% | ||
| +0.7% | −2.7% | ||
| +9.9% | +5.5% | ||
| −6.2% | −14.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +11.9% | Not available |
| from | +9.9% | +5.6% |
| from | +12.6% | +9.7% |
| from | +14.5% | +7.7% |
| from | −12.4% | −19.5% |
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
13.7%over 5 years
| 1 year | 13.4% |
|---|---|
| 3 years | 12.5% |
| 5 years | 13.7% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since October 2021
- −16.8%
- From to
- Lowest 12-month return
- −12.8%
- 12 months to
- Highest 12-month return
- +25.3%
- 12 months to
- Below its highest weekly close since October 2021
- 5.1%
- High of , latest
In words: Volatility of UBS (Lux) Fund Solutions SICAV - UBS Core MSCI Europe UCITS ETF EUR dis- Distribution in pounds, annualised from weekly returns to 30/09/2026: 13.4% over 1 year, 12.5% over 3 years, 13.7% over 5 years. Largest fall in the price of UBS (Lux) Fund Solutions SICAV - UBS Core MSCI Europe UCITS ETF EUR dis- Distribution since October 2021, in pounds: −16.8% from 12/11/2021 to 14/10/2022. The lowest 12-month return of UBS (Lux) Fund Solutions SICAV - UBS Core MSCI Europe UCITS ETF EUR dis- Distribution in pounds (price only, income paid out not included) since January 2021 was −12.8% (12 months to 14/10/2022); the highest was +25.3% (12 months to 10/04/2026). On 30/09/2026 the price of UBS (Lux) Fund Solutions SICAV - UBS Core MSCI Europe UCITS ETF EUR dis- Distribution was 5.1% below its highest weekly close since October 2021 (05/08/2026), in pounds.
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.10%
- a year
- On £10,000
- £10
- a year, roughly
- Over five years
- £50
- of £10,000, before growth
- 15 charge less
- 12 the same
- 198 charge more
Ongoing charge of UBS (Lux) Fund Solutions SICAV - UBS Core MSCI Europe UCITS ETF EUR dis- Distribution 0.10% a year, as of 01/10/2026: 198 of the 225 other European share funds charge more, 12 the same and 15 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
UBS (Lux) Fund Solutions SICAV - UBS Core MSCI Europe UCITS ETF EUR dis- Distribution is an exchange-traded fund (ETF) from UBS, launched in 2009.
It tracks the MSCI Europe — large and medium-sized European companies.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.1% a year — about £10 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is paid out to holders as cash, usually a few times a year.
European shares: Companies across Europe. Some funds include the UK and some leave it out — the fund name says which.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- UB12
- ISIN
- LU0446734104
- Provider
- UBS
- Tracks
- MSCI Europe
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid semi-annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.10% a year · about £10 on £10,000
- Fund size
- £1.0bn
- Launched
- Domicile
- Luxembourg
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- European shares
Price chart
Since 31/07/2026, the closing price went from £92.53 on 31/07/2026 to £88.99 on 30/09/2026 (−3.8%). The lowest close shown was £88.99 on 30/09/2026 and the highest £93.74 on 05/08/2026.
Chart: closing prices we have recorded since 31/07/2026. Price only — income paid out is not included, so the line can end below the total return above.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
10 weekly closes, from 31/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
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How we work it out:Prices and returnsNAV and price
Funds tracking the same index
18 funds track MSCI Europe, this one included and share classes counted once; their ongoing charges range from 0.10% to 0.31% a year (30/09/2026).
| Fund | 1 year | 5 years |
|---|---|---|
| Amundi Index Solutions - MSCI Europe UCITS ETF DRAccumulating · 0.15% a year | +15.8% | +63.1% |
| Amundi Index Solutions - MSCI Europe UCITS ETF DRDistributing · 0.20% a year | +15.8% | +63.1% |
| Amundi MSCI Europe UCITS ETF Act -Acc-Accumulating · 0.25% a year | +15.8% | +62.2% |
| BNP PARIBAS EASY MSCI EUROPE ETF Capitalisation -UCITS ETF-Accumulating | Not reported | Not reported |
| Deka MSCI Europe UCITS ETFDistributing · 0.30% a year | +15.3% | +56.3% |
| HSBC MSCI Europe UCITS ETF Accum EURAccumulating · 0.14% a year | +15.7% | Not reported |
| HSBC MSCI Europe UCITS ETF EURDistributing · 0.14% a year | +15.7% | +63.2% |
| Invesco MSCI Europe UCITS ETFAccumulating · 0.19% a year | +15.7% | +60.5% |
| iShares Core MSCI Europe UCITS ETFDistributing · 0.12% a year | +15.8% | +63.4% |
| iShares Core MSCI Europe UCITS ETFAccumulating · Currency hedged · 0.17% a year | Not reported | Not reported |
| iShares Core MSCI Europe UCITS ETF EUR (Acc)Accumulating · 0.12% a year | +15.8% | +63.3% |
| State Street SPDR MSCI Europe UCITS ETFAccumulating · 0.25% a year | +15.7% | +62.4% |
| UBS Core MSCI Europe UCITS ETF EUR dis- DistributionThis fundDistributing · 0.10% a year | +15.9% | +63.2% |
| UBS Core MSCI Europe UCITS ETF Capitalisation -USD-Accumulating | Not reported | Not reported |
| UBS Core MSCI Europe UCITS ETF Capitalisation AAccumulating · 0.10% a year | +8.8% | Not reported |
| Xtrackers MSCI EUROPE UCITS ETF Capitalisation 1CAccumulating · 0.13% a year | +15.7% | +63.3% |
| Xtrackers MSCI EUROPE UCITS ETF Capitalisation 2CAccumulating · 0.31% a year | +21.0% | +80.5% |
| Xtrackers MSCI EUROPE UCITS ETF Distribution 1DDistributing · 0.13% a year | +15.3% | +63.1% |
Source: TradingView reported returns and fund ongoing charges, as of
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 248 rolling 12-month returns since January 2021, and of 144 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since October 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Rank among similar funds
Rank by total return over 1, 3 and 5 years among up to 196 European share funds, not currency-hedged, highest first.
ProMoves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI Europe UCITS ETF EUR (Acc), over the three years to 30/09/2026 (133 weeks).
Pro
Pro — currently by invitation
Pro includes the rank among similar funds and moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of UB12?
The ongoing charge of UB12 is 0.10% a year — about £10 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of UBS (Lux) Fund Solutions SICAV - UBS Core MSCI Europe UCITS ETF EUR dis- Distribution 0.10% a year, as of 01/10/2026: 198 of the 225 other European share funds charge more, 12 the same and 15 less (share classes counted once).
What does UB12 track?
UB12 tracks the MSCI Europe — large and medium-sized European companies.
Is UB12 accumulating or distributing?
UB12 is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.
What is the ISIN of UB12?
The ISIN of UB12 is LU0446734104. An ISIN identifies one exact share class of a fund; UB12 is its ticker on the London Stock Exchange.
What were UB12’s returns in each of the last five years?
Calendar-year returns of UB12 in pounds (price only, income paid out not included): 2022 −6.2%, 2023 +9.9%, 2024 +0.7%, 2025 +22.7%; 2026 to 30/09/2026 +5.0%. Past performance is not a guide to future returns.
How has UB12 done after inflation?
Over the five years to 30/09/2026 UB12’s total return was +63.2%, or +27.6% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- MEUDAmundi Core Stoxx Europe 600 -UCITS ETF Acc- Capitalisation0.07% a year · £14bn
- SMEAiShares Core MSCI Europe UCITS ETF EUR (Acc)0.12% a year · £10bn
- IMEUiShares Core MSCI Europe UCITS ETF0.12% a year · £6.8bn
- 0MLDiShares STOXX Europe 600 UCITS ETF0.20% a year · £6.2bn
- 0MLJiShares Core EURO STOXX 50 UCITS ETF (DE)0.11% a year · £6.0bn
- 0MLHiShares Core DAX UCITS ETF (DE)0.16% a year · £5.5bn
- CS51iShares Core EURO STOXX 50 UCITS ETF0.10% a year · £5.0bn
- XMEUXtrackers MSCI EUROPE UCITS ETF Capitalisation 1C0.13% a year · £5.0bn
Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Calendar years, risk
- Fundology, from recorded closes (weekly history from the data vendor where our record is short)
- Inflation
- ONS CPIH, latest month used August 2026
- Charges
- The fund’s ongoing charges figure, via TradingView
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
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