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iShares MSCI Emerging Markets Minimum Volatility Index Fund - XMM

ETF Overview

The fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the MSCI Emerging Markets Minimum Volatility Index (USD), net of expenses.

The investment strategy of XMM is to invest primarily in shares of a U.S. iShares Fund (iShares MSCI Emerging Markets Minimum Volatility ETF) that seeks investment results that correspond generally to the applicable index.

Additional Index Information

The MSCI Emerging Markets Minimum Volatility Index measures the performance of equity securities in global emerging markets that have lower volatility relative to the equity securities included in the MSCI Emerging Markets Index.

The index aims to reflect the performance characteristics of a minimum variance strategy applied to large and mid cap equities across 21 Emerging Markets countries.

The index is calculated by optimizing the MSCI Emerging Markets Index, its parent index, for the lowest absolute risk (within a given set of constraints).

Historically, the index has shown lower beta and volatility characteristics relative to the MSCI Emerging Markets Index.

Key ETF Data

Fundamentals
Category (main) Emerging Markets Equity - Minimum Volatility
Category (other)Minimum Volatility
Underlying Index MSCI Emerging Markets Minimum Volatility Index (USD)
ETF Structure Passive type. Endeavours to return the Index return before fees/costs
Asset Class Equity
Region Emerging Markets
Issuer iShares Canada by Blackrock
ETF Home Page Available here
Fund Facts
Inception Date 24 July 2012
Total Holdings 1 (211) *
Distribution Frequency Semi-Annual
Leverage None
Significant Currency Exposure Yes
Currency Hedging No

* The US iShares ETF held has 211 holdings (May 2013)

Fees
Management Fee 0.40%
Management Expense Ratio (MER) Unknown

* Includes 0.39% fee waiver from Blackrock Canada, waiver expires Dec 31, 2014

Trading Information
Ticker XMM
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.

iShares US: iShares MSCI Emerging Markets Minimum Volatility ETF

iShares US includes a wealth of data on the iShares MSCI Emerging Markets Minimum Volatility ETF, including:

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