"iShares MSCI Europe Industrials Sector UCITS ETF EUR (Acc)" is an exchange-traded investment fund (ETF). It refers to the MSCI Europe Industrials 20/35 Capped Index. This index reflects the development of stocks . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings (dividends) are automatically reinvested (accumulated). The fund company iShares claims a total expense ratio (TER) of 0.18% per year.