HFXI Profile
The IQ 50 Percent Hedged FTSE International ETF (HFXI) is an exchange-traded fund specializing in total market equity investments. Launched on July 22, 2015, HFXI tracks a market cap-weighted index comprising large- and mid-cap companies based in developed nations outside of North America. Notably, approximately half of the ETF's exposure to foreign currencies is hedged against fluctuations in the US dollar, aiming to mitigate currency risk for investors.
HFXI's index methodology emphasizes the inclusion of companies with significant market capitalization across various sectors within developed international markets. This approach provides investors with diversified exposure to established companies in regions such as Europe, Asia-Pacific, and other developed economies, offering potential opportunities for capital appreciation and dividend income.
IndexIQ, the issuer of HFXI, specializes in developing ETFs that address specific investment needs, including currency hedging strategies designed to manage foreign exchange volatility. The ETF reflects IndexIQ's commitment to providing transparent and efficient investment solutions that cater to global market dynamics and investor preferences for risk management.
Investing in HFXI allows market participants to benefit from broad exposure to developed international equities while potentially reducing the impact of currency fluctuations on investment returns. IndexIQ's management of HFXI underscores its dedication to delivering accessible investment products that align with investor goals for geographic diversification and currency risk mitigation, positioning the ETF as a strategic component in global equity portfolios.
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