iShares MSCI Emerging Markets Index ETF (XEM.TO) TSX

41.62

+0.24(+0.58%)

Updated at October 02 02:14PM

Currency In CAD

iShares MSCI Emerging Markets Index ETF

Address

Canada

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

October 29, 2009

Key Executives

N/A

Description

The fund offers large- and mid-cap equity exposure from approximately 27 emerging market countries. Conversely, the IMI version of the index covers up to small cap firms. The underlying index counts South Korea as an emerging market, in contrast to other indices. The fund will mainly invest in one or more iShares ETFs. As an alternative, the fund may also use a sampling strategy, wherein a representative basket of securities with similar risk and return profiles as the index is included, a strategy commonly used in order to reach or exclude securities for preferred investing or trading purposes. The underlying index usually undergoes quarterly rebalance.