UBS launches the KLD Dividend Achievers Social Investing Series 2007A

UBS AG today announced that it has launched the KLD Dividend Achievers Social Investing Series 2007A, a unique unit investment trust (“UIT”) designed to meet the needs of UBS Wealth Management US clients who are seeking socially responsible investments with a track record of increasing dividends. The UIT, part of the UBS Equity Opportunity Trust, has a lifespan of approximately 15 months and is the result of UBS’s partnership with KLD Research & Analytics, Inc., the foremost authority on social research and indexes for institutional investors, and Mergent, Inc., a leading provider of business and financial data on global publicly listed companies. “Each stock chosen for the portfolio has at least 10 consecutive years of dividend growth and has been screened for its social, environmental and governance record,” said Richard A. Stewart, CFA, Director and UIT Product Manager, UBS Wealth Management US. “By selecting only stocks common to both Mergent’s Dividend Achievers Index and KLD’s Domini 400 Social Index, the portfolio invests in companies that are deemed to be socially responsible as well as focused on providing shareholder value.” Image source: dividendachievers.comNews selected by Covalence | Country: Global | Company: UBS | Source: Forbes