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UBS launches its first ETF in Australia

Furthering its product offering in Australia, UBS has launched the UBS IQ Research Preferred Australian Share Fund — the Swiss bank’s first exchange-traded fund (ETF) in the region. The fund will track the performance of the UBS Research Preferred Index which includes 40 securities from the Australian Securities Exchange (ASX). Commenting on the launch, Matthew Grounds, CEO of UBS in…

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