Canadian ETF knowledgebase
The fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the MSCI Emerging Markets Investable Market Index, net of expenses.
The investment strategy of XEC is to invest primarily in shares of a U.S. iShares Fund (iShares Core MSCI Emerging Markets ETF) that seeks investment results that correspond generally to the applicable index.
The MSCI Emerging Markets Investable Market Index is an equity benchmark for international stock performance.
It is a capitalization-weighted index that aims to capture 99% of the (publicly available) total market capitalization.
Component companies are adjusted for available float and must meet objective criteria for inclusion to the index, taking into consideration unavailable strategic shareholders and limitations to foreign ownership.
|Category (main)||Emerging Markets Equity - Broad Market|
|Underlying Index||MSCI Emerging Markets Investable Market Index (USD)|
|ETF Structure||Passive type. Endeavours to return the Index return before fees/costs|
|Issuer||iShares Canada by Blackrock|
|ETF Home Page||Available here|
|Inception Date||10 April 2013|
|Total Holdings||1 (1,851) *|
|Significant Currency Exposure||Yes|
* The US iShares Core MSCI Emerging Markets ETF has 1,851 holdings (May 2013)
|Management Expense Ratio (MER)||Unknown|
|Exchange||TSX (Toronto Stock Exchange)|
|Eligibility *||RRSP, RRIF, RESP, TFSA, DPSP, RDSP|
|DRIP available **||Yes|
|PACC Plan available **||No|
|SWP available **||No|
* Always check eligibility with your plan operator as plans and accounts can differ
** Not all brokers can facilitate these plans. Check with your broker.
To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:
Canada ETFs's analysis of this ETF will be available soon.