_:n0f1c71af3d7a448e99bc0fac1c4cdaebxb46
<http://schema.org/text>
"<p>Securities lending transactions for UBS ETFs set up in Luxembourg are fully collateralized. The Luxembourg regulator requires a minimum <strong>collateralization of 90%</strong>; however, UBS ETFs overcollateralize to 105%.<br> The collateral is held in a custodian account that is ring-fenced from the lending agent's balance sheet. <strong>Further risk mitigation measures are careful selection of borrowers and revaluation of loans and collaterals on a daily basis.</strong></p> \n<p><strong>Securities lending for ETFs domiciled in Luxembourg and Ireland<br></strong>For UBS ETFs, domiciled in Luxembourg and Ireland, that engage in securities lending, the following types of collateral are currently accepted:</p> \n<ul> \n <li>Equities from the following indices are acceptable: AS30, AS51, ATX, BEL20, SPTSX, KFX, HEX25, CAC, CN20, DAX, HDAX, HSI, FTSEMIB, NKY, AEX, OBX, FSSTI, IBEX, OMX, SMI, SPX, MID, INDU, NYA, CCMP, RAY, RIY, UKX, SX5P, N100, E100, FTAW01<br></li> \n <li>Government Bonds from the following countries are acceptable: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Japan, Netherlands, New Zealand, Norway, Sweden, SNB Bills, UK and USA (including agencies)</li> \n</ul> \n<p>Source: State Street, July 1, 2022<br></p>"
<https://www.ubs.com/global/en/assetmanagement/capabilities/etfs.html>