BlackRock Asset Management Canada Limited has announced the launch of four new funds in the iShares Core.
Fund name | Ticker | Management fee | Description |
iShares Core S&P U.S. Total Market Index ETF | XUU | 0.10% | The fund provides long-term capital growth by replicating the performance of the S&P Total Market Index net of expenses and offers exposure to U.S. large-, mid-, small-, and micro-capitalized companies. |
iShares Core S&P U.S. Total Market Index ETF | XUH | 0.10% | Like XUU, the fund offers exposure to U.S. large-, mid-, small-, and micro-capitalized companies. |
iShares Core MSCI All Country World ex Canada Index ETF | XAW | 0.20% | The fund provides long-term capital growth by replicating the performance of the MSCI ACWI ex Canada IMI Index net of expenses, and provides access to large-, mid- and small-cap across 22 developed markets countries (excluding Canada) and 23 emerging markets countries. |
iShares Core MSCI EAFE IMI Index ETF (CAD-Hedged) | XFH | 0.20% | The fund provides long-term capital growth by replicating the performance of the MSCI EAFE IMI 100% Hedged to CAD Index net of expenses and captures large-, mid- and small-cap across developed markets countries around the world, excluding the U.S. and Canada. |
In addition, iShares also announced the launch of a fund that provides an unhedged option to dividend-paying U.S. companies.
Fund name | Ticker | Management fee | Description |
iShares U.S. High Dividend Equity Index ETF | XHU | 0.30% | The fund provides long-term capital growth by replicating the performance of the Morningstar Dividend Yield Focus Index net of expenses. CAD-Hedged version also available (XHD). |
XUU, XAW, XHU and XFH are listed on the TSX today. The units of XUH are expected to be listed on the TSX when the market opens on February 19, 2015.