ETF Sage
Canadian ETF knowledgebase
iShares Broad Emerging Markets Fund seeks to track, less fees and expenses, the FTSE RAFI Emerging Index – a broad and diversified index of emerging market companies, which takes account of total cash dividends, free cash flow, total sales, and book value of each constituent.
The Manager may (at its discretion and without unit holder approval) change to another widely recognized emerging markets index.
ETG Sage are big fans of fundamental index-based ETFs. We hope iShares keeps this ETF tracking a fundamental index, such as its current one: the FTSE RAFI Emerging Index.
A fundamental index tracking ETF offers the advantages of an active management strategy with the highlights of a passive investment: lower turnover costs and transparent rules-based selection, while retaining high investment capacity.
FTSE RAFI fundamental indexes weight constituents using four accounting factors, rather than market capitalization. These four factors include:
This ETF presently tracks a Fundamental Index. The strategy is known as Fundamental Index or Fundamental Indexation.
Fundamental Indexation is designed to overcome the limitations of traditional indices based on market capitalization. Fundamental Indexation weights its constituents based on company fundamental factors including dividends, total sales, free cash flow and book equity value, each variable not depending on the fluctuations of the market valuation.
Fundamental Indexation seeks to identify the true "fair value" of each company.
Fundamentals | |
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Category (main) | Emerging Markets Equity - Broad Market |
Category (other) | Style (manager may change at any time): Fundamental |
Underlying Index | FTSE RAFI Emerging Markets Index |
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 | |
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Inception Date | 3 Apr 2009 |
Total Holdings | 432 |
Distribution Frequency | Quarterly |
Leverage | None |
Significant Currency Exposure | Yes |
Currency Hedging | No |
Fees | |
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Management Fee | 0.65% |
Management Expense Ratio (MER) | 0.69% |
Trading Information | |
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Ticker | CWO |
Exchange | TSX (Toronto Stock Exchange) |
Currency | CAD |
Eligibility | |
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Eligibility * | RRSP, RRIF, RESP, TFSA, DPSP, RDSP |
DRIP available ** | Yes |
PACC Plan available ** | Yes |
SWP available ** | Yes |
* 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: