# UBS ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution (UC94) **Source:** https://fundology.uk/fund/uc94 · ISIN LU1169830442 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## 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 30/09/2026, UC94 (UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution, ISIN LU1169830442) closed at £27.73 on the London Stock Exchange. Its ongoing charge is 0.23% a year (about £23 on £10,000). Over the five years to 30/09/2026 its total return was +49.7%, or +17.0% after UK CPIH inflation. ## Summary UBS ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution is an exchange-traded fund (ETF) from UBS, launched in 2015. It tracks the MSCI Switzerland 20/35 100% Hedged to GBP Index - GBP. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.23% a year — about £23 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. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **£27.73** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | UC94 | | ISIN | LU1169830442 | | Category | European shares | | Type | ETF | | Provider | UBS | | Tracks | MSCI Switzerland 20/35 100% Hedged to GBP Index - GBP | | Income | Distributing | | Ongoing charge | 0.23% a year (£23 per £10,000) | | Fund size | £73.0m | | Launched | 2015 | | Domicile | Luxembourg | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +23.34% | +19.47% | income reinvested | | 3 years | +50.35% | +35.67% | income reinvested | | 5 years | +49.66% | +16.99% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of UBS ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution in pounds (price only, income paid out not included): 2022 −16.9%, 2023 +5.8%, 2024 +8.0%, 2025 +19.3%; 2026 to 30/09/2026 +8.8%. Returns of UBS ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +21.8%; to 30/09/2025: +2.1%; to 30/09/2024: +14.9%; to 30/09/2023: +8.8%; to 30/09/2022: −14.3%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -16.9% | -23.9% | Price | | 2023 | +5.8% | +1.6% | Price | | 2024 | +8.0% | +4.3% | Price | | 2025 | +19.3% | +15.2% | Price | | 2026 to 30/09/2026 | +8.8% | +5.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 13.56% | -10.93% | | 3 years | 14.36% | -13.82% | | 5 years | 14.40% | -21.89% | ## Largest fall Volatility of UBS ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution in pounds, annualised from weekly returns to 30/09/2026: 13.6% over 1 year, 14.4% over 3 years, 14.4% over 5 years. Largest fall in the price of UBS ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution since October 2021, in pounds: −21.9% from 31/12/2021 to 23/09/2022. The lowest 12-month return of UBS ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution in pounds (price only, income paid out not included) since January 2021 was −16.9% (12 months to 30/12/2022); the highest was +32.2% (12 months to 31/07/2026). On 30/09/2026 the price of UBS ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution was 5.5% below its highest weekly close since October 2021 (07/08/2026), in pounds. ## Charges compared with similar funds Ongoing charge of UBS ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution 0.23% a year, as of 01/10/2026: 110 of the 225 other European share funds charge more, 6 the same and 109 less (share classes counted once). ## Funds tracking the same index 2 funds track MSCI Switzerland 20/35 100% Hedged to GBP Index - GBP, this one included and share classes counted once; their ongoing charges range from 0.23% to 0.23% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | UBS ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-acc- Capitalisation | 0.23% | +23.3% | +50.5% | +49.8% | | UBS ETF SICAV - UBS ETF - MSCI Switzerland 20/35 UCITS ETF -(hedged to GBP) A-dis- Distribution (this fund) | 0.23% | +23.3% | +50.3% | +49.7% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.23%** per year - ISA eligible: yes - SIPP eligible: yes --- 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.