iShares has announced that they will begin trading the iShares Currency Hedged MSCI Germany ETF (NYSEArca:HEWG) on Tuesday, February 04, 2014. The iShares Currency Hedged MSCI Germany ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization German equities while mitigating exposure to fluctuations between the value of the euro and the U.S. dollar.
Total Annual Fund Operating Expenses After Fee Waiver: 0.53%
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Germany 100% Hedged to USD Index (the “Underlying Index”), which consists of stocks traded primarily on the Frankfurt Stock Exchange 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 may include large-, mid- or small-capitalization companies, and components primarily include consumer discretionary, financials, industrials and materials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.
As of its inception date, the Fund intends to seek to achieve its