iShares MSCI World ex-USA UCITS ETF (XUSE.AS)

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This fund aims to achieve a total return that reflects the performance of the MSCI World ex USA Index, which tracks large and mid-cap stocks from developed markets worldwide, excluding the United States. The fund is passively managed and seeks to invest in the equity securities that make up the index, holding them in similar proportions. It is an accumulating fund, meaning that any income is reinvested back into the fund.