iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc)

iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc) is an exchange-traded fund that tracks the MSCI Europe Health Care 20/35 Capped index, focusing on large and mid-cap companies in the European health care sector. It provides targeted exposure to pharmaceuticals, biotechnology, medical equipment manufacturers, and other health care firms across Europe. Key holdings include Novo Nordisk A/S Class B at 25.73%, AstraZeneca PLC at 13.69%, Novartis AG at 11.54%, Roche Holding AG at 10.51%, and Sanofi SA at 6.20%, with the top 10 holdings comprising 82.6% of the portfolio. Launched on 17 November 2020 and domiciled in Ireland, this accumulating ETF reinvests dividends rather than distributing them, enhancing long-term compounding. Managed by iShares with a low total expense ratio of 0.18% p.a., it maintains a fund size of EUR 1,518 million and operates in EUR without currency hedging. This ETF plays a vital role in offering investors precise sector-specific access to Europe's resilient health care industry, known for innovation in drug development and medical technologies.