The iShares MSCI EMU USD Hedged UCITS ETF (Acc) is an exchange-traded fund designed to accurately track the performance of the MSCI EMU 100% hedged to USD Index. It achieves this by directly investing in the physical securities that constitute the index. A core element is its monthly currency hedging strategy, which employs one-month foreign exchange forward contracts to minimize the impact of fluctuations between the fund's US Dollar base currency and the Euro-denominated assets of the index components.