UBS MSCI Australia UCITS ETF hEUR acc

The UBS MSCI Australia UCITS ETF hEUR acc is an exchange-traded fund that seeks to replicate the price and yield performance of the MSCI Australia 100% hedged to EUR index. This passively managed ETF invests in large and mid-cap stocks from Australia, employing full physical replication by holding all index constituents in line with their weightings. A key feature is its 100% currency hedge to the euro, designed to minimize the impact of Australian dollar fluctuations on euro-based investors, providing stability in returns relative to foreign exchange exposure. The fund, domiciled in Ireland and UCITS compliant, was launched on November 27, 2015, with a total expense ratio of 0.43%. It offers broad diversification across approximately 47 holdings, predominantly in financials (around 42%), materials (20%), and health care sectors, including major companies like Commonwealth Bank of Australia and BHP Group. With assets under management reflecting significant scale, this ETF plays a vital role in enabling European investors to access the Australian equity market with reduced currency risk, supporting long-term portfolio exposure to Australia's developed economy.