Xtrackers has launched the Xtrackers MSCI USA UCITS ETF 2C – EUR Hedged Distribution on Xetra and Börse Frankfurt.
The ETF is designed to give investors access to large and medium-sized US stock corporations. The reference index is the MSCI Total Return Net USA Index which currently comprises 631 shares and covers roughly 85 per cent of US market capitalisation. The ETF uses a hedging strategy to minimise the exchange rate risk between the US dollar and the euro.
Ongoing annual charges on the fund are 0.12 per cent and the distribution policy is distributing.
