HSBC MSCI World UCITS ETF EUR Hedged (Acc)

HSBC MSCI World UCITS ETF EUR Hedged (Acc) is an exchange-traded fund domiciled in Ireland and launched on December 9, 2022. It tracks the MSCI World (EUR Hedged) index, offering exposure to large- and mid-cap stocks across 23 developed markets worldwide, with significant allocations to the United States (72.46%), Japan (5.35%), and the United Kingdom (3.49%). Key sectors include information technology (28.65%), financials (16.18%), and industrials (10.63%). As an accumulating ETF, it reinvests dividends to support long-term compounding rather than distributing them to investors. The fund employs a representative sampling methodology for replication, minimizing tracking error and trading costs, while currency hedging to the euro protects against exchange rate volatility from constituent currencies. Featuring a low total expense ratio of 0.16% per annum, it manages approximately EUR 678 million in assets, serving as a cost-effective option for euro-based investors seeking diversified global equity exposure with reduced currency risk. This UCITS-compliant vehicle enhances portfolio stability in volatile forex environments.