New equity ETF from HSBC on Xetra: broadly diversified exposure to companies from industrialised countries with currency hedging
A new exchange traded fund from HSBC Asset Management has been tradable on Xetra and via Börse Frankfurt since Thursday.
The HSBC MSCI World UCITS ETF EUR Hedged (Acc) replicates the performance of the MSCI World Index. This is a broadly diversified investment in over 1,500 companies from 23 industrialised countries. Companies from the US are most strongly represented, followed by Japan and Great Britain. The largest sectors are information technology, health care and financial services.
This is a currency hedged share class, therefore the impact of exchange rate fluctuations is minimised.
|
Name |
Asset class |
ISIN |
Ongoing charges |
Distribution policy |
Reference index |
|
HSBC MSCI World UCITS ETF EUR Hedged (Acc) |
Equity ETF |
0.18 per cent |
accumulating |
MSCI World Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,002 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.