UBS Global Asset Management has expanded its range of ETFs to include six new passive ETFs with an ethical tilt in Australia.
According to the Swiss banking giant, the funds will serve a core diversified solution for investors who require access to international, regional and Australian markets.
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UBS Global Asset Management head of Australia and New Zealand Bryce Doherty said: "These funds have been brought to market in response to continued demand from clients, advisors and institutions for access to global index based investment solutions with an ethical philosophy.
"For the SMSF market, which is now worth around $520 billion with 550,000 contributors, ETFs provide investors with an ability to take control of their investments, lower the cost of investing and improve diversification of their portfolios.
"UBS IQ ETFs can be used by a variety of investors including institutions, SMSF and retail investors who are looking to gain access to a diversified portfolio of global equities or access to specific global markets (including Europe, U.S., Asia and Japan) in one simple transaction," he added.
The Australian ETF market has increased by a record 50% over 2014 and has roughly tripled in size since 2010.
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