Description

This iShares MSCI EMU USD Hedged UCITS ETF (Acc) is an investment vehicle designed to mirror the performance of the MSCI EMU 100% hedged to USD Index as precisely as practicable. It achieves this by holding the underlying index securities directly and employing a monthly currency hedging strategy, utilizing one-month foreign exchange forward contracts to mitigate the effects of currency swings between its US Dollar base currency and the Euro-denominated assets of the index. The underlying MSCI EMU 100% hedged to USD Index provides access to shares from nations within Europe's Economic and Monetary Union (EMU), specifically those meeting MSCI's defined criteria for market capitalization, trading volume, and publicly available shares. Managed by BlackRock, iShares ETFs are known for their transparency, cost-efficiency, and substantial liquidity, trading on stock exchanges akin to regular securities, thereby offering flexible and straightforward access to various markets and asset classes.