Overview
Description
The iShares S&P 500 Health Care Sector EUR Hedged UCITS ETF is a type of exchange-traded fund focusing on equity investments within the healthcare sector. Its primary function is to replicate the performance of the S&P 500 Health Care Index, while also providing euro currency hedging, which mitigates the euro-dollar exchange rate risk for European investors. This ETF enables investors to gain exposure to large and mid-sized U.S. healthcare companies involved in pharmaceuticals, biotechnology, medical devices, and health services, thereby offering a broad representation of the health care sector’s dynamics.
By incorporating currency hedging, this ETF helps European investors protect their returns from fluctuations in the EUR/USD exchange rate, making it particularly valuable in volatile currency markets. The iShares S&P 500 Health Care Sector EUR Hedged UCITS ETF plays a significant role in diversifying investment portfolios by providing sector-specific exposure and maintaining currency stability, essential in strategically balanced international equity investments. Through its focused investment strategy, it also allows for participation in healthcare industry trends, which are vital due to the sector’s critical importance and growth potential worldwide.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Netherlands
MIC code
XAMS