UBS Asset Management has reduced fees and merged share classes for three ETFs, including the $375m USD-hedged socially responsible ETF, due to their net asset values falling below a commercially viable minimum. The fee for the UBS ETF MSCI ACWI Socially Responsible UCITS ETF will decrease from 0.28% to 0.25%, while the UBS Bloomberg MSCI Global Liquid Corporates Sustainable UCITS ETF's fee will drop from 0.25% to 0.20%. Trading for the affected share classes will cease on October 28.
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