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The UBS (Irl) ETF plc – MSCI Europe ESG Universal Low Carbon Select UCITS ETF seeks investment results that correspond, before fees and expenses, to the price and yield performance of the MSCI Europe ESG Universal Low Carbon Select 5% Issuer Capped. The Index tracks the total return net dividend performance of large and mid-capitalisation companies across 15 European developed market countries. The Index is a 'low carbon select' benchmark and companies are excluded from the Index based on their exposure to certain business activities (controversial weapons, nuclear weapons, etc.), their record in facing certain ESG controversies and based on carbon emission intensity levels.