UBS MSCI Australia UCITS ETF hUSD acc is an exchange-traded fund that seeks to track the MSCI Australia (USD Hedged) index, focusing on large and mid-cap companies from Australia. Launched on 30 September 2015 and domiciled in Ireland, it employs full physical replication by holding all index constituents, including top holdings like Commonwealth Bank of Australia (14.59%), BHP Group Ltd. (9.76%), and CSL Ltd. (6.43%). As an accumulating ETF, it reinvests dividends rather than distributing them, with a total expense ratio of 0.43% per annum and assets under management of approximately 51 million euros. Currency risk is hedged to the US dollar, minimizing exposure to Australian dollar fluctuations for USD-based investors. Sector allocations emphasize financials (39.62%), basic materials (17.33%), and health care (9.63%), reflecting Australia's key industries such as banking, mining, and biotechnology. With 48 holdings primarily from Australia (96.07%), this UCITS-compliant fund offers investors targeted access to the Australian equity market in a hedged, efficient structure.