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iShares Broad Emerging Markets Fund - CWO

ETF Overview

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:

Fundamental Indexation

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.

Key ETF Data

Fundamentals
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
Inception Date 3 Apr 2009
Total Holdings 432
Distribution Frequency Quarterly
Leverage None
Significant Currency Exposure Yes
Currency Hedging No
Fees
Management Fee 0.65%
Management Expense Ratio (MER) 0.69%
Trading Information
Ticker CWO
Exchange TSX (Toronto Stock Exchange)
Currency CAD
Eligibility
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.

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