A new iShares equity exchange traded fund (ETF), which enables investors to participate in the performance of US stock corporations with high market capitalisation and low volatility has begun trading on Xetra.
The benchmark index of the iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc) ETF comprises securities from the parent index, S&P 500, selected for their minimum volatility strategy.
The ETF is designed to minimise the exchange rate risk between the US dollar and the euro.