iShares has announced that they will begin trading the iShares Currency Hedged MSCI EAFE ETF (NYSEArca:HEFA) on Tuesday, February 04, 2014. The iShares Currency Hedged MSCI EAFE ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization equities in Europe, Australasia, and the Far East while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar.
Total Annual Fund Operating Expenses After Fee Waiver: 0.39%
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI EAFE® 100% Hedged to USD Index (the “Underlying Index”), which has been developed by MSCI Inc. (“MSCI”) as an equity benchmark for its international stock performance with the currency risk of the securities included in the Underlying Index hedged against the U.S. dollar on a monthly basis. The Underlying Index includes stocks from Europe, Australasia and the Far East and, as of December 1, 2013, consisted of the following 21 developed market countries or regions: Australia,