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iShares U.S. High Dividend Equity Index Fund (CAD Hedged) - XHD

ETF Overview

The fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the Morningstar Dividend Yield Focus Index-CAD Hedged, net of expenses.

The Morningstar Dividend Yield Focus Index - CAD-Hedged tracks high-yielding, dividend-paying, U.S.-based securities and is a focused benchmark comprising "qualified income" paying securities screened for superior company quality and financial health, hedged to Canadian dollars.

Currency hedging is employed to mitigate the effects of currency.

Additional Index Information

The Morningstar Dividend Yield Focus Index is a portfolio of high quality and high yield US stocks screened for consistent records of dividend payments and the ability to sustain them in the future.

The index consists of the top 75 income producing stocks that meet our eligibility criteria.

Canada dollar hedging is employed to limit/minimize USD/CAD exchange risk.

Key ETF Data

Fundamentals
Category (main) USA Equity Income
Underlying Index Morningstar Dividend Yield Focus Index-CAD Hedged
ETF Structure Passive type. Endeavours to return the Index return before fees/costs
Asset Class Equity Income
Region USA
Issuer iShares Canada by Blackrock
ETF Home Page Available here
Fund Facts
Inception Date 14 Aug 2012
Total Holdings 74
Distribution Frequency Monthly
Leverage None
Significant Currency Exposure Yes
Currency Hedging Yes
Fees
Management Fee 0.30%
Management Expense Ratio (MER) Unknown
Trading Information
Ticker XHD
Exchange TSX (Toronto Stock Exchange)
Currency CAD
Eligibility
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.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:

ETF at TMX ETF at Morningstar

ETF Analysis

Canada ETFs's analysis of this ETF will be available soon.