UBS Announces Launch of a New Socially Conscious Investment Strategy Focused on LGBT Employment Equality

Aligning portfolios with philanthropy

January 11, 2018 — NEW YORK–(BUSINESS WIRE)–UBS Investment Bank today announced the launch of the InsightShares LGBT Employment Equality ETF, the first in the series of exchange traded funds (“ETFs”) issued under the “InsightShares” brand.

This cause-focused ETF offers the opportunity to invest in a socially conscious strategy. Created and offered by Exchange Traded Concepts, this ETF offers exposure to the UBS LGBT Employment Equality Index.

“InsightShares creates an incredible opportunity for investors to align their portfolios with their philanthropic values,” said Richard Cea, Executive Director of Exchange Traded Products at UBS. “We’re thrilled to support socially conscious strategies, and look forward to increasing our impact by donating a portion of the revenues generated by this ETF to charities through the UBS Optimus Foundation.”

InsightShares LGBT Employment Equality ETF (Ticker: PRID)

Created and offered by Exchange Traded Concepts, PRID is designed to track the performance of the UBS LGBT Employment Equality Index (Ticker: UBSLGBTT). The UBS LGBT Employment Equality Index is provided by UBS AG and is designed to track the price movements of U.S. companies that provide LGBT equality through their company and employment policies as measured by their score in the Human Rights Campaign Foundation’s Corporate Equality Index®. For inclusion in the UBS LGBT Employment Equality Index, the companies must meet minimum thresholds for liquidity and profitability, as well as have attained a rating of 85-plus on the Corporate Equality Index®.

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About UBS

UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. The operational structure of the Group is comprised of our Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. UBS’s strategy builds on the strengths of all of its businesses and focuses its efforts on areas in which it excels, while seeking to capitalize on the compelling growth prospects in the businesses and regions in which it operates, in order to generate attractive and sustainable returns for its shareholders. All of its businesses are capital-efficient and benefit from a strong competitive position in their targeted markets.

UBS is present in all major financial centers worldwide. It has offices in 52 countries, with about 34% of its employees working in the Americas, 34% in Switzerland, 18% in the rest of Europe, the Middle East and Africa and 14% in Asia Pacific. UBS Group AG employs approximately 61,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).

UBS Investment Bank

The Investment Bank provides corporate, institutional and wealth management clients with expert advice, innovative solutions, execution and comprehensive access to international capital markets. It offers advisory services and provides in-depth cross-asset research, along with access to equities, foreign exchange, precious metals and selected rates and credit markets, through its business units, Corporate Client Solutions and Investor Client Services. The Investment Bank is an active participant in capital markets flow activities, including sales, trading and market-making across a range of securities.


Carefully consider the InsightShares LGBT Employment Equality Exchange Traded Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s prospectus, which may be obtained by visiting Investors should read it carefully before investing or sending money.