Fund Description
The iShares Currency Hedged MSCI ACWI ex U.S. ETF seeks to track the investment results of an index composed of large- and mid-capitalization developed and emerging equities while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar. The MSCI ACWI ex USA US Dollar Hedged Index represents a close estimation of the performance that can be achieved by hedging the currency exposures of its parent index, the MSCI ACWI ex USA Index, to the USD, the "home" currency for the hedged index. The index is 100% hedged to the USD by selling each foreign currency forward at the one-month Forward weight. The parent index is composed of large and mid cap stocks across 22 Developed Markets (DM) countries and 23 Emerging Markets (EM) countries.
Fund Profile
Fund Name iShares Currency Hedged MSCI ACWI ex U.S. ETF
Fund Exchange Ticker HAWX
Fund Sponsor Blackrock (iShares)
Fund ISIN US46435G8472
Net Expense Ratio 0.35 %
Fund Inception Date 29 June 2015
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Global or ExUS Equities - Broad / Regional
Asset Class Equities (Stocks)
Index Linked Passive
Index Name MSCI ACWI ex USA 100% Hedged to USD Index
Index Provider MSCI
Currency Hedged Yes
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Market Capitalization Range Large & Mid Cap
Growth Value Core / Blend
Continent Not Applicable
Key Statistics
Return As of Date 22 January 2019
Asset Under Management 45.77 Million (USD)
1 Month Total Return 3.61 %
Year To Date Return 4.39 %
1 Year Total Return -9.04 %
3 Year Annualized Total Return 8.95 %
NAV 24.74
Share Outstanding 1,850,000
Top 10 Holdings (18 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
EUR/USD FXTR 0.0008683090
CHF/USD CASH 0.0003590544
INR/USD INR FXTR 0.0002569388
TWD/USD FXTR 0.0001958689
HKD/USD CASH 0.0001397137
GBP/USD CASH 0.0001209153
CAD/USD FXTR 0.0001141727
DKK/USD CASH 0.0000404652