Xtrackers MSCI World ex USA UCITS ETF 1C

Xtrackers MSCI World ex USA UCITS ETF 1C is an exchange-traded fund launched on March 6, 2024, that physically replicates the MSCI World ex USA Index. This index captures large and mid-cap companies across 22 of 23 developed markets worldwide, excluding the United States, covering approximately 85% of the free float-adjusted market capitalization with around 775 constituents. The ETF employs a long-only strategy, is currency unhedged with USD as its fund currency, and follows an accumulating distribution policy, reinvesting dividends to enhance share price growth. Featuring a low total expense ratio of 0.15% p.a. and assets under management exceeding 4,465 million Euro, it provides broad exposure to key sectors like financials (26.63%), industrials (18.47%), and health care (10.02%), with significant country weights in Japan (19.78%), the United Kingdom (13.13%), and Canada (11.74%). Domiciled in Ireland and managed by Xtrackers, this ETF plays a vital role in offering investors diversified access to international developed market equities outside the U.S., supporting global portfolio construction without U.S. concentration.