SSHQX

About SSHQX

State Street Hedged International Developed Equity Index Fund Class K is an index mutual fund designed to track the total return of the MSCI EAFE 100% Hedged to USD Index. Its primary function is to provide exposure to large- and mid-capitalization equities from developed markets outside the United States and Canada, specifically focusing on regions such as Europe, Australasia, and the Far East. A key feature of this fund is its systematic use of currency hedging via forward contracts, which aims to neutralize the impact of fluctuating foreign exchange rates and deliver returns in U.S. dollars that more closely mirror the underlying equity performance of international holdings. The fund offers investors a diversified approach to international equity markets while managing currency risk, making it suitable for those seeking foreign market returns divorced from currency volatility. It maintains a low expense structure and typically invests the majority of its assets directly in the securities or depository receipts that constitute the benchmark index, as well as in hedging instruments. By closely replicating its benchmark, the fund plays a significant role as a core holding for investors and retirement plans looking for efficient, currency-hedged access to developed international equities.