SPDR MSCI World UCITS ETF EUR Hedged (Acc)

SPDR MSCI World UCITS ETF EUR Hedged (Acc) is an exchange-traded fund designed to provide broad exposure to global developed equity markets while mitigating currency risk for euro-based investors. Structured as a UCITS-compliant accumulating ETF, its primary function is to track the MSCI World 100% Hedged to EUR Index, consisting of large and mid-cap stocks from 23 developed countries. By hedging foreign currency exposures monthly to the euro using forward contracts, this ETF aims to neutralize the impact of exchange rate fluctuations on returns, making it particularly suitable for investors seeking stable euro-denominated performance. The fund employs a physical replication strategy and holds over 1,300 individual stocks from sectors such as electronic technology, finance, and technology services, reflecting the global market’s diversity. Dividends generated by its underlying holdings are reinvested, increasing NAV over time rather than being distributed to investors. State Street Global Advisors Europe Limited manages the fund, which features competitive fees—a total expense ratio of 0.17% per annum—making it a cost-efficient vehicle for diversified international equity exposure with integrated currency risk management.