Overview
Description
iShares Core MSCI EMU EUR UCITS ETF is a type of exchange-traded fund designed to provide investors with exposure to large and mid-cap companies across 10 developed European Monetary Union (EMU) countries. The primary function of this ETF is to track the performance of the MSCI EMU Index, which is a free-float-adjusted market capitalization weighted index. It covers approximately 85% of the free-float market capitalisation across the EMU equity markets. Featuring a broad diversification across sectors, it includes financial services, industrials, consumer discretionary, and healthcare, among others, thus offering a comprehensive representation of the EMU's economic landscape. Being UCITS compliant, this ETF adheres to strict regulatory standards, which ensure a high level of investor protection and transparency. It plays a significant role in the market by allowing investors to efficiently target European equity exposure while benefiting from the cost-efficiency and trading flexibility associated with ETFs. This asset is particularly significant for those looking to diversify their portfolios by including exposure to the EMU region, which is home to many established, globally competitive firms.
About
Instrument type
ETF
Country
Switzerland
MIC code
XSWX