iShares S&P 500 (AUD Hedged) ETF

iShares S&P 500 (AUD Hedged) ETF is an exchange-traded fund designed to track the performance of the S&P 500 Index, with returns hedged to the Australian dollar. This ETF is managed by BlackRock Investment Management (Australia) Limited and seeks to provide exposure to a broad portfolio of large-cap U.S. equities while mitigating the impact of fluctuations between the U.S. and Australian currencies. By employing hedging strategies, it aims to deliver performance more closely aligned to the underlying U.S. share market for Australian investors, removing much of the volatility associated with currency movements. The fund invests in a diversified selection of major U.S. companies across multiple sectors, reflecting the composition of the S&P 500, which represents approximately 80% of the U.S. equity market capitalization. This makes it a core product for investors seeking access to leading global businesses in technology, healthcare, finance, and other important industries, while controlling for currency risk. The iShares S&P 500 (AUD Hedged) ETF plays a significant role in enabling Australian investors to access U.S. market growth with reduced exposure to exchange rate uncertainty.