_:n0f1c71af3d7a448e99bc0fac1c4cdaebxb38
<http://schema.org/text>
"<p><strong>State Street</strong> acts as lending agent. The borrower list of the lending agent is approved by UBS representatives. In addition, it matches with the UBS counterparty list. The counterparty risk is monitored on a daily basis by the lending agent, State Street. State Street also provides default indemnification in the event that a borrower is unable to return securities. Securities lending transactions of UBS ETFs are fully collateralized.<br></p>"
<https://www.ubs.com/global/en/assetmanagement/capabilities/etfs.html>