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A new iShares ETF from BlackRock's product offering has been tradable through Xetra and Börse Frankfurt since Thursday.
Name: iShares MSCI EMU USD Hedged UCITS ETF
Asset class: equity index ETF
ISIN: IE00BWZN1T31
Total expense ratio: 0.38 percent
Distribution policy: accumulating
Benchmark: MSCI EMU USD Hdg Net
The iShares MSCI EMU USD Hedged UCITS ETF enables investors to participate in the performance of stock corporations in the euro zone while also benefiting from currency hedging against the US dollar. This protects investors against an appreciation of the US dollar against the euro.
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,070 exchange traded funds. This selection, together with an average monthly trading volume of around €13 billion, makes Xetra Europe’s leading trading venue for ETFs.
