ASML Holding N.V. ADRhedged

ASML Holding N.V. ADR Hedged is an equity exchange-traded fund designed to provide U.S. investors with accessible exposure to ASML Holding N.V.—a global leader in semiconductor equipment manufacturing—through American Depositary Receipts (ADRs). Structured as an open-ended fund and managed by Precidian Investments LLC, this asset aims to closely replicate the performance of ASML shares as traded in the company’s local market, while employing a currency hedge to insulate returns from fluctuations between the U.S. dollar and the euro. The fund’s portfolio consists predominantly of ASML ADRs, with at least 95% of net assets allocated to this holding, and utilizes derivative contracts to manage currency risk. This makes the fund particularly relevant for investors seeking direct exposure to the performance of a significant technology sector company in the Netherlands, while minimizing the impact of adverse currency movements. The ETF structure allows for efficient trading and daily liquidity, and it distributes dividends as ordinary income, with underlying capital gains subject to standard tax rates. ASML Holding N.V. ADR Hedged plays a niche but strategic role for those seeking targeted, hedged international equities exposure in the information technology sector.