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Investment Banking & Investment Services
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ETF
iShares S&P 500 AUD Hedged ETF is an exchange traded fund launched and managed by BlackRock Investment Management (Australia) Limited. It invests in the public equity markets of the United States. The fund invests directly, and indirectly through other funds and through derivatives such as foreign currency forward contracts in the stocks of companies operating across diversified sectors. It invests in the stocks of large-cap companies, the returns being hedged to Australian Dollar. The fund seeks to replicate the performance of the S&P 500 Hedged Australian Dollar Index, by employing representative sampling methodology. iShares S&P 500 AUD Hedged ETF was formed on December 15, 2014 and id domiciled in Australia.
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