Description

The iShares MSCI EMU USD Hedged UCITS ETF (Acc) is an exchange-traded fund designed to accurately track the performance of the MSCI EMU 100% hedged to USD Index. It achieves this by directly investing in the physical securities that constitute the index. A core element is its monthly currency hedging strategy, which employs one-month foreign exchange forward contracts to minimize the impact of fluctuations between the fund's US Dollar base currency and the Euro-denominated assets of the index components. The MSCI EMU 100% hedged to USD Index itself offers exposure to equity securities from countries within Europe's Economic and Monetary Union (EMU) that adhere to MSCI's specific criteria for size, liquidity, and free float. Managed by BlackRock as part of the iShares family, this ETF provides a transparent, cost-efficient, and liquid investment solution, trading on stock exchanges like conventional securities and offering straightforward access to diverse markets and asset classes.