Industry description
The investment seeks to track the investment results of the MSCI Emerging Markets 100% Hedged to USD Index.
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index has been developed by MSCI as an equity benchmark for global emerging markets stock performance with the currency risk inherent in the securities included in the underlying index hedged to the U.S. dollar on a monthly basis.
High and low price notable news
The average weekly price growth across all stocks in the iShares Currency Hedged MSCI Em Mkts ETF ETF was 1%. For the same ETF, the average monthly price growth was 2%, and the average quarterly price growth was 13%. EEM experienced the highest price growth at -4%, while EEM experienced the biggest fall at -4%.