This iShares Exchange Traded Fund (ETF), managed by BlackRock, is designed to mirror as closely as possible the investment results of the MSCI EMU 100% hedged to CHF Index. The fund achieves this by directly holding the underlying securities that comprise the index. A significant feature is its integrated monthly currency hedging mechanism, which utilizes one-month foreign exchange forward contracts. This strategy aims to diminish the effect of exchange rate movements between the fund's primary currency, the Swiss Franc, and the Euro, the currency of the index's constituent assets. The target index itself provides exposure to stocks from countries within Europe's Economic and Monetary Union (EMU) that satisfy MSCI's specific criteria for size, liquidity, and free float. As with all iShares ETFs, it represents a clear, economical, and liquid investment option, trading on stock exchanges akin to conventional stocks, thereby providing straightforward access to diverse global markets and asset categories.