Overview
Description
The SPDR MSCI World EUR Hedged Accumulating is an exchange-traded fund (ETF) designed to provide investors exposure to developed global equity markets while mitigating currency risk for euro-based investors. Its primary function is to track the performance of the MSCI World Index in euros, with currency exposures hedged back to the euro. This ensures that the ETF's performance reflects stock returns and is not adversely impacted by fluctuations in exchange rates. As an accumulating fund, it reinvests dividends rather than distributing them, allowing gains to compound over time. Catering to euro-denominated clients, this ETF plays a crucial role in portfolios seeking diversified global exposure with reduced currency risk, appealing to investors looking to shield their global investments from euro currency fluctuations. Its impact spans various sectors, from technology to healthcare, finance, and more, drawing constituents from developed markets across North America, Europe, and Asia-Pacific. As a tool for nuanced diversification, it supports strategic asset allocation in global portfolios.
About
Address
—
Phone
+353 1 776 3000
Website
—
Instrument type
ETF
Country
Italy
MIC code
XMIL