Canada ETFs logo

Canada ETFs

Canadian ETF knowledgebase


Subscribe to Canada ETFs mailing list E-mail:




iShares MSCI All Country World Minimum Volatility Index Fund - XMW

ETF Overview

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

The investment strategy of XMW is to invest primarily in shares of a U.S. iShares Fund (iShares MSCI All Country World Minimum Volatility Index Fund) that seeks investment results that correspond generally to the applicable index. The iShares MSCI All Country World Minimum Volatility Index Fund is also known as the iShares MSCI Global Minimum Volatility ETF.

Additional Index Information

The MSCI ACWI Minimum Volatility Index measures the performance of equity securities in both emerging and developed markets that have lower volatility relative to the equity securities included in the MSCI All Country World Index.

The index aims to reflect the performance characteristics of a minimum variance strategy applied to large and mid cap equities across 45 Developed Markets (DM) and Emerging Markets (EM) countries.

The index is calculated by optimizing the MSCI ACWI Index, its parent index, in USD 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 ACWI Index.

Key ETF Data

Fundamentals
Category (main) Global Equity - Minimum Volatility
Category (other)Minimum Volatility
Underlying Index MSCI ACWI (All Country World Index) Minimum Volatility Index (USD)
ETF Structure Passive type. Endeavours to return the Index return before fees/costs
Asset Class Equity
Region Global
Issuer iShares Canada by Blackrock
ETF Home Page Available here
Fund Facts
Inception Date 24 July 2012
Total Holdings 1 (278) *
Distribution Frequency Semi-Annual
Leverage None
Significant Currency Exposure Yes
Currency Hedging No

* The US iShares ETF held has 278 holdings (May 2013)

Fees
Management Fee 0.45%
Management Expense Ratio (MER) Unknown
Trading Information
Ticker XMW
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 All Country World Minimum Volatility Index Fund

iShares US includes a wealth of data on the iShares MSCI All Country World Minimum Volatility Index Fund, including:

ETF

ETF