iShares MSCI World EUR Hedged UCITS ETF (Acc)

iShares MSCI World EUR Hedged UCITS ETF (Acc) is an exchange-traded fund that offers diversified exposure to large-cap and mid-cap companies across developed markets worldwide. Managed by BlackRock Advisors (UK) Limited and issued by iShares V plc, it tracks the MSCI World 100% Hedged to EUR Index (Net) through an optimized physical replication strategy using representative sampling. The fund employs monthly currency hedging via derivatives like forward contracts to neutralize non-Euro currency risks, providing euro-hedged access suitable for European investors seeking to mitigate exchange rate volatility. Launched on September 30, 2010, and domiciled in Ireland, it holds approximately 1,322 securities with significant allocations to technology, financials, and healthcare sectors, featuring a price-to-earnings ratio of about 25x and price-to-book of 3.7x. As an accumulating ETF in EUR, it automatically reinvests dividends to support compounding without distributions, while maintaining a total expense ratio of 0.55% p.a. With net assets around €4.9 billion, it plays a key role in global equity diversification for currency-sensitive portfolios.