NYSE ARCA | ETF
The investment seeks to track the investment results of the MSCI Australia 100% Hedged to USD Index.
The fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the underlying fund) and other instruments of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index.
The index primarily consists of stocks traded on the Australian Stock Exchange with the currency risk inherent in the securities included in the underlying index hedged to theU. S. dollar on a monthly basis.
Top 10 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| CBA | Commonwealth Bank Of Australia | Financial Services | Banks - Diversified | 10.07% |
| CSL | CSL Ltd | Healthcare | Biotechnology | 9.78% |
| BHP | BHP Group Limited | Basic Materials | Other Industrial Metals & Mining | 6.89% |
| WBC | Westpac Banking Corp | Financial Services | Banks - Diversified | 5.88% |
| NAB | National Australia Bank Ltd | Financial Services | Banks - Diversified | 5.04% |
| ANZ | Australia and New Zealand Banking Group Ltd | Financial Services | Banks - Diversified | 4.90% |
| WOW | Woolworths Ltd | Consumer Defensive | Grocery Stores | 3.40% |
| WES | Wesfarmers Ltd | Consumer Cyclical | Home Improvement Retail | 3.21% |
| MQG | Macquarie Group Ltd | Financial Services | Capital Markets | 3.17% |
| TCL | Transurban Group | Industrials | Infrastructure Operations | 2.83% |