HSBC MSCI World UCITS ETF USD (Acc)

HSBC MSCI World UCITS ETF USD (Acc) is an exchange-traded fund (ETF) managed by HSBC Global Asset Management that seeks to replicate the performance of the MSCI World Index using representative sampling and optimization techniques to minimize tracking error. This index measures the performance of large-cap and mid-cap stocks across 23 developed markets worldwide, covering diversified sectors such as technology, financial services, healthcare, and consumer discretionary. The ETF invests primarily in prominent companies like NVIDIA, Microsoft, Apple, and Amazon, with top holdings typically representing around 26% of assets, emphasizing U.S.-domiciled firms while providing broad global equity exposure. Domiciled in Ireland and launched in 2010 (with the accumulating share class from 2022), it features a low total expense ratio of 0.15% p.a., USD base currency, and no currency hedging, making it suitable for long-only strategies. As an accumulating fund, dividends are reinvested rather than distributed, supporting compounded growth within a UCITS-compliant structure with a fund size exceeding EUR 1.4 billion. This ETF plays a key role in offering investors efficient access to developed world equities for portfolio diversification.