Fund Manager:
UBS Global Asset Management Inc

Research Provider:
JRI

Fund Name:
UBS Japan Equity Eco Fund (Nickname: Dr. Eco or Hakase)

Launch Date:
Oct-99

Screening (except economy):
Environmental values

KEY Characteristics:
"UBS Nihon Kabushiki Eco Fundo" or "Eco Hakase" (Doctor Eco) for short, is the name of UBS's environmental fund in Japan. Eco Hakase was launched as a result of market research carried out by Sumitomo Bank, a leading Japanese financial institution, which showed that there was considerable interest in eco funds in Japan. Eco Hakase was designed exclusively for the Japanese market and only contains Japanese names. Invested stocks are selected by UBS's financial analysts in Tokyo and its eco research specialists in Zurich. The environmental analysis of the Japanese companies is carried out in Japan itself by the Japanese Research Institute. The securities incorporated into the fund are those TOPIX stocks which come top of their sector in the eco-screening process. More than half of the investor base are women who are interested in environmental issues, according to research carried out in Japan.

Asset Value:
3.6 billion Yen

Additional information:
http://www.ubs.com/1/ShowMedia/about/corporate_responsibility/environment/reports/UBS_Environmental_Report2000.pdf