BlackRock launches 5 funds

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 […]

By Staff | February 17, 2015 | Last updated on February 17, 2015

2 min read

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.

Read: Canadian banks exposed to oil sector’s decline

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.

Read: Domestic bond yields to remain low: BlackRock

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.

Staff

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