iShares MSCI USA Screened UCITS ETF

What this fund is

iShares MSCI USA Screened UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker SAUA (ISIN IE000G2LIHG9). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. It passively tracks the MSCI USA index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include APPLE INC, NVIDIA CORP and MICROSOFT CORP. With about 482 holdings (the ten largest ≈ 38.4%), your money is diversified rather than concentrated in a handful of names.

Its biggest country exposures are ~99.8% United States, ~0.1% Ireland and ~0% European Union. By industry it concentrates most in ~38.8% Technology and ~12.8% Financials. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.1% a year — about €10 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything.

It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in EUR. Its price has swung about 14.8% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2022. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from iShares.)