Overview
Description
The iShares Core MSCI EAFE IMI Index ETF is an exchange-traded fund designed to provide broad exposure to international developed markets, specifically those located in Europe, Australasia, and the Far East. Its primary function is to track the investment performance of the MSCI EAFE Investable Market Index, capturing large, mid, and small-cap securities from 21 developed market countries, excluding the United States and Canada.
One of the key characteristics of this ETF is its ability to offer investors a diversified portfolio that encompasses various sectors and industries, mitigating the risk associated with investing in a single market. The fund holds a wide array of companies across different economic environments, providing insight into global economic conditions and trends. Additionally, the ETF is cost-effective, making it an attractive option for investors seeking low-cost international diversification.
In the broader financial market, the iShares Core MSCI EAFE IMI Index ETF plays a significant role by enabling investors to tap into the economic growth potential of international developed markets, which can serve as a complement to U.S.-focused investment strategies.
About
Address
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Phone
1-800-474-2737
Website
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Instrument type
ETF
Country
Canada
MIC code
XTSE