Europe sheds about 5% for the week
- Seeking Alpha
As of August 26, 2019, iShares Trust - iShares Adaptive Currency Hedged MSCI Eurozone ETF has gone out of business. iShares Trust - iShares Adaptive Currency Hedged MSCI Eurozone ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. It invests in public equity markets of Euro Zone/EMU region. The fund invests directly, through derivatives and through other funds in stocks of companies operating across diversified sectors. It uses derivatives such as forwards to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund uses derivatives to hedge its foreign currency exposure to U.S. dollars. It seeks to track the performance of the MSCI EMU Adaptive Hedge to USD Index, by using representative sampling technique. iShares Trust - iShares Adaptive Currency Hedged MSCI Eurozone ETF was formed on January 5, 2016 and is domiciled in the United States.