iShares MSCI World GBP Hedged UCITS ETF (Acc)
| Issuer: iShares |
| Asset Class: Equity |
| TER: 55bps |
| Trading Currency: GBX |
| Pays Income: False |
| Listing Date: 01 Oct 2010 |
| Ticker: IGWD |
| ISIN: IE00B42YS929 |
This investment product provides a straightforward and diversified way to access a broad portfolio of large and mid-sized companies from developed economies around the world. By tracking a major global stock index, it offers a core building block for an investment portfolio, enabling participation in the growth of leading international markets through a single transaction. The inherent diversification across numerous countries and industry sectors helps to mitigate the risks associated with investing in a single company or region, making it a suitable option for long-term growth objectives.
A distinguishing feature of this fund is its currency hedging strategy. For investors whose home currency is the British pound, international investments carry the risk of adverse movements in foreign exchange rates, which can erode returns. This product aims to neutralize the impact of currency fluctuations between the portfolio's underlying assets and sterling. Consequently, the fund's performance is intended to more closely reflect the performance of the international stocks themselves, rather than being distorted by foreign exchange volatility. As an accumulating fund, any dividends paid by the constituent companies are automatically reinvested back into the fund, which can help to enhance long-term capital growth through the power of compounding.