Overview
Description
The Invesco S&P 500 EUR Hedged Accumulation is an exchange-traded fund that seeks to replicate the performance of the S&P 500 Index while simultaneously mitigating the impact of currency fluctuations between the euro and the U.S. dollar. By employing a hedged strategy, this fund is designed to protect European investors from adverse currency movements, providing returns closer to those of the underlying S&P 500 Index in local currency terms. This fund is particularly significant for European investors looking to gain exposure to the U.S. equity market, specifically large-cap American companies, without the added layer of currency exchange risk. The S&P 500 itself includes sectors like technology, healthcare, and consumer services, reflecting the largest publicly traded companies in the United States. The Invesco S&P 500 EUR Hedged Accumulation thereby plays an essential role in allowing geographically diverse portfolios while maintaining currency stability for European investors.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL