iShares MSCI USA ESG Enhanced EUR Hedged UCITS ETF

The iShares MSCI USA ESG Enhanced EUR Hedged UCITS ETF is an exchange-traded fund that combines an environmental, social, and governance (ESG) investment approach with currency hedging. The primary purpose of this ETF is to provide exposure to U.S. companies with favorable ESG characteristics while simultaneously mitigating the impact of currency fluctuations between the Euro and the U.S. Dollar. It tracks the performance of the MSCI USA ESG Enhanced Focus Index, which selects companies based on their ESG performance metrics and scores, excluding those embroiled in severe controversies or those involved in sectors like tobacco, nuclear power, or weapons. This asset is particularly significant for investors looking to align their portfolios with sustainable investment criteria while managing foreign exchange risk, particularly relevant for Eurozone-based investors. By integrating ESG considerations with currency hedging, this ETF caters to a growing demand for socially responsible investment solutions in a globalized market.