# UBS MSCI EMU Small Cap UCITS ETF EUR dis- Distribution (UB69) **Page:** https://fundology.uk/fund/ub69 · ISIN LU0671493277 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, UB69 (UBS MSCI EMU Small Cap UCITS ETF EUR dis- Distribution, ISIN LU0671493277) closed at £125.27 on the London Stock Exchange. Its ongoing charge is 0.32% a year (about £32 on £10,000). Over the five years to 13/11/2026 its total return was +25.8%, or −1.8% after UK CPIH inflation. ## Summary UBS (Lux) Fund Solutions SICAV - UBS MSCI EMU Small Cap UCITS ETF EUR dis- Distribution is an exchange-traded fund (ETF) from UBS, launched in 2011. It tracks the MSCI EMU Small Cap Index - EUR. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.32% a year — about £32 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. Latest close: **£125.27** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | UB69 | | ISIN | LU0671493277 | | Also listed as | UEFD (Xetra, euros) | | Category | Smaller companies | | Type | ETF | | Provider | UBS | | Tracks | MSCI EMU Small Cap Index - EUR | | Income | Distributing | | Ongoing charge | 0.32% a year (£32 per £10,000) | | Fund size | £283m | | Launched | 2011 | | Domicile | Luxembourg | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 14/10/2011 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +6.43% | +2.66% | income reinvested | | 3 years | +39.41% | +25.95% | income reinvested | | 5 years | +25.76% | -1.84% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of UBS (Lux) Fund Solutions SICAV - UBS MSCI EMU Small Cap UCITS ETF EUR dis- Distribution in pounds (price only, income paid out not included): 2022 −13.5%, 2023 +8.8%, 2024 −6.4%, 2025 +28.5%; 2026 to 13/11/2026 +0.7%. Returns of UBS (Lux) Fund Solutions SICAV - UBS MSCI EMU Small Cap UCITS ETF EUR dis- Distribution in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +5.7%; to 30/09/2025: +19.8%; to 30/09/2024: +6.1%; to 30/09/2023: +14.9%; to 30/09/2022: −23.6%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -13.5% | -20.9% | Price | | 2023 | +8.8% | +4.5% | Price | | 2024 | -6.4% | -9.6% | Price | | 2025 | +28.5% | +24.1% | Price | | 2026 to 13/11/2026 | +0.7% | -2.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 15.42% | -12.24% | | 3 years | 14.70% | -13.77% | | 5 years | 16.02% | -27.53% | ## Largest fall Volatility of UBS (Lux) Fund Solutions SICAV - UBS MSCI EMU Small Cap UCITS ETF EUR dis- Distribution in pounds, annualised from weekly returns to 13/11/2026: 15.4% over 1 year, 14.7% over 3 years, 16.0% over 5 years. Largest fall in the price of UBS (Lux) Fund Solutions SICAV - UBS MSCI EMU Small Cap UCITS ETF EUR dis- Distribution since November 2021, in pounds: −25.3% from 19/11/2021 to 30/09/2022. The lowest 12-month return of UBS (Lux) Fund Solutions SICAV - UBS MSCI EMU Small Cap UCITS ETF EUR dis- Distribution in pounds (price only, income paid out not included) since January 2021 was −23.9% (12 months to 14/10/2022); the highest was +31.1% (12 months to 09/01/2026). On 13/11/2026 the price of UBS (Lux) Fund Solutions SICAV - UBS MSCI EMU Small Cap UCITS ETF EUR dis- Distribution was 9.2% below its highest weekly close since November 2021 (29/05/2026), in pounds. ## Charges compared with similar funds Ongoing charge of UBS (Lux) Fund Solutions SICAV - UBS MSCI EMU Small Cap UCITS ETF EUR dis- Distribution 0.32% a year. Compared on 14/11/2026, 17 of the 36 other smaller-company funds charge more, 0 the same and 19 less (share classes counted once). ## Funds tracking the same index 2 funds track MSCI EMU Small Cap Index - EUR, this one included and share classes counted once; their ongoing charges range from 0.32% to 0.58% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares MSCI EMU Small Cap UCITS ETF | 0.58% | +7.4% | +41.9% | +24.2% | | UBS (Lux) Fund Solutions SICAV - UBS MSCI EMU Small Cap UCITS ETF EUR dis- Distribution (this fund) | 0.32% | +6.4% | +39.4% | +25.8% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.32%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of UB69?** The ongoing charge of UB69 is 0.32% a year — about £32 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 MSCI EMU Small Cap UCITS ETF EUR dis- Distribution 0.32% a year. Compared on 14/11/2026, 17 of the 36 other smaller-company funds charge more, 0 the same and 19 less (share classes counted once). **What does UB69 track?** UB69 tracks the MSCI EMU Small Cap Index - EUR. **Is UB69 accumulating or distributing?** UB69 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 UB69?** The ISIN of UB69 is LU0671493277. An ISIN identifies one exact share class of a fund; UB69 is its ticker on the London Stock Exchange. The same share class is also listed as UEFD (Xetra, euros). **What were UB69’s returns in each of the last five years?** Calendar-year returns of UB69 in pounds (price only, income paid out not included): 2022 −13.5%, 2023 +8.8%, 2024 −6.4%, 2025 +28.5%; 2026 to 13/11/2026 +0.7%. Past performance is not a guide to future returns. **How has UB69 done after inflation?** Over the five years to 13/11/2026 UB69’s total return was +25.8%, or −1.8% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.