UBS Core MSCI USA hEUR UCITS ETF EUR acc

UBS Core MSCI USA hEUR UCITS ETF EUR acc is an accumulating exchange-traded fund launched on 30 September 2013 and domiciled in Ireland. It seeks to replicate the performance of the MSCI USA Index hedged to EUR, investing primarily in large and mid-cap US stocks while employing currency hedging derivatives to mitigate euro-dollar exchange rate fluctuations. Managed by UBS ETF with a low total expense ratio of 0.09% p.a., the fund features physical replication, long-only strategy, and no sustainability focus. With approximately 491 million euros in assets under management, it reinvests dividends automatically, enhancing share price growth without distributions. This ETF provides European investors targeted exposure to the US equity market, neutralizing currency risk for more stable returns in euro terms. Its structure complies with UCITS regulations, emphasizing cost efficiency and broad market representation across key US sectors like technology, healthcare, and finance.