Overview
Description
The Invesco MSCI USA EUR Hedged Fund is an exchange-traded fund (ETF) designed to track the performance of the MSCI USA 100% Hedged to EUR Index. This fund aims to provide European investors access to the U.S. equity market while mitigating the effects of currency fluctuations between the euro and the U.S. dollar. Its primary function is to offer exposure to large and mid-cap companies in the United States across various sectors such as technology, healthcare, and consumer goods, ensuring a diversified investment within the American market.
Notable features of the fund include currency risk management, where it utilizes a hedging strategy to reduce the impact of exchange rate movements on investment returns. This is particularly significant for investors who are concerned about currency volatility potentially eroding the value of their U.S.-linked investments when converted back to euros.
The Invesco MSCI USA EUR Hedged Fund plays a vital role in providing a solution for European investors seeking U.S. market growth potential without taking on additional currency risk, thus serving as an important instrument for portfolio diversification.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Germany
MIC code
XETR