State Street® SPDR® MSCI All Country World EUR Hdg UCITS ETF (Acc)

What this fund is

State Street® SPDR® MSCI All Country World EUR Hdg UCITS ETF (Acc) is an exchange-traded fund (ETF) from SPDR, traded under the ticker EACW (ISIN IE00BF1B7389). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one 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 broadly across markets worldwide. Rather than a manager picking stocks, it simply replicates the MSCI ACWI with Developed Markets 100% hedged to EUR Index index — the passive, low-cost approach, and its largest holdings include Apple Inc., NVIDIA Corporation and Microsoft Corporation. It holds around 2285 positions (the ten largest ≈ 23.5%), spreading risk so no single holding decides your outcome.

By geography it is weighted towards ~61.4% United States, ~5.1% Japan and ~3.3% Taiwan. By industry it concentrates most in ~31.2% Technology and ~16.7% Financials. Investors often use a broad fund like this as a long-term 'core' holding — a single building block that covers much of a global portfolio in one trade. Its ongoing charge (TER) is 0.17% a year — about €17 a year on a €10,000 holding, taken automatically from the fund; counting the trading costs inside the fund, the all-in figure is around 0.18%. 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 USD. On the standard KID risk scale it is rated 4 out of 7 and its price has swung about 12.2% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2019, and its KID suggests a holding period of 5 years. 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 SPDR.)