What is UCITS?
UCITS is a set of voluntary rules which many ETFs follow. ETFs which are UCITS compliant must follow minimum standards - that includes holding a diversified portfolio, publishing clear guidance on their charges and taking steps to safeguard investors' money. Some ETPs are not eligible for UCITS standards - including ETCs, ETNs and US-listed products. UCITS products are not necessarily safer, nor are non-UCITS products necessarily riskier, but if a product is not UCITS compliant you should take care to read the relevant issuers' documents.