BlackRock, Inc. (NYSE: BLK)'s iShares unit, the world's largest issuer of exchange-traded funds, made a major splash Monday in the marriage of two hot ETF themes – currency hedging and low volatility – with the introduction of five such funds.
“Four of the five funds are currency hedged versions of existing iShares minimum volatility ETFs, part of BlackRock’s range of iShares smart beta ETFs. iShares minimum volatility ETFs are designed to help investors weather the ups and downs of the market whilst staying invested, offering the potential for lower risk and long term growth,” said iShares in a statement.
New Names
The new ETFs from iShares include:
- iShares Currency Hedged MSCI ACWI Minimum Volatility (NYSE: HACV)
- iShares Currency Hedged MSCI EAFE Minimum Volatility (NYSE: HEFV)
- iShares Currency Hedged MSCI EM Minimum Volatility ETF (NYSE: HEMV)
- iShares Currency Hedged ...
/www.benzinga.com/trading-ideas/long-ideas/15/11/5956577/ishares-makes-a-big-currency-hedged-low-volatility-splash alt=iShares Makes A Big Currency Hedged, Low Volatility Splash>Full story available on Benzinga.com
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