iShares has unveiled a range of currency hedged equity ETFs in Europe, providing investors with international exposure without the need to maintain a currency hedge.
The latest range of physically-backed funds, which invest in the respective index's constituent stocks, have been listed on the London Stock Exchange (LSE). The launch comprises iShares ETFs tracking the MSCI Japan Monthly Eur Hedged index, the MSCI World Monthly Eur Hedged index, the MSCI World Monthly GBP Hedged index, the S&P 500 Monthly GBP Hedged index and the S&P Monthly Eur Hedged index. The underlying indices incorporate a monthly currency hedge, using one month forward FX contracts. The hedge is designed to reduce, rather than eliminate, currency exposure. The hedge is not ad...
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