iShares MSCI World Swap PEA UCITS ETF

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https://oci-global.com

iShares MSCI World Swap PEA UCITS ETF is a synthetic exchange-traded fund (ETF) that tracks the MSCI World Index, providing investors with broad exposure to large- and mid-cap stocks across 23 developed markets worldwide. Launched on March 26, 2024, and domiciled in Ireland, it employs a swap-based replication method to mirror the benchmark's performance, aiming for capital growth and income through reinvested dividends in an accumulating structure. With a total expense ratio of 0.20% to 0.25%, the ETF holds assets under management exceeding EUR 1.1 billion, featuring 159 holdings across key sectors like technology, healthcare, financials, and consumer goods. Designed specifically for eligibility under France's PEA (Plan d'Epargne en Actions) tax wrapper, it offers tax-efficient global equity access for French residents. Managed by BlackRock Asset Management Ireland Limited, this UCITS-compliant fund plays a vital role in portfolio diversification, enabling unhedged currency exposure to international equities while minimizing tracking error through its swap mechanism.