iShares Europe Equity Enhanced Active UCITS ETF EUR (Acc)

iShares Europe Equity Enhanced Active UCITS ETF EUR (Acc) is an actively managed exchange-traded fund domiciled in Ireland and issued by iShares, part of BlackRock. Launched on 31 July 2024, it seeks long-term capital growth by investing at least 70% of its assets in equity securities of companies domiciled in, listed in, or primarily operating in Europe, with reference to the MSCI Europe Index for performance benchmarking. As an accumulating ETF, it reinvests dividends rather than distributing them, enhancing share price through compounding. The fund's portfolio spans 16 countries, led by the United Kingdom (22.12%), France (18.75%), and Germany (15.21%), and 11 sectors, with top allocations to Financials (20.84%), Industrials (17.24%), and Health Care (15.74%). Notable holdings include Siemens AG, Roche Holding AG, and Allianz SE. Featuring a low total expense ratio of 0.25% p.a. and assets under management around €552 million, it provides diversified exposure to European equities for investors pursuing active management strategies in unhedged EUR terms.