iShares IHOO ETF (ASX:IHOO)
The iShares IHOO ETF provides investors with exposure to the largest 100 global companies. This is a low-cost way to access a variety of global companies through a single fund.
What does the IHOO invest in?
IHOO invests in large global companies like Apple, Amazon and Nestle. You could buy all of these companies yourself using a share brokerage account, but that would be a very expensive and time-consuming process.
What do investors use IHOO for?
The iShares IHOO ETF could be used by investors looking to gain global exposure to equities, while hedging their exposure to the volatility of the Australian dollar on the holdings.
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