iShares MSCI Canada UCITS ETF USD (Acc)

The iShares MSCI Canada UCITS ETF USD (Acc) is an equity exchange-traded fund designed to provide investors with broad exposure to the Canadian stock market. Its primary function is to physically replicate the performance of the MSCI Canada Index, which comprises the largest and most liquid publicly listed Canadian companies across key sectors such as financials, energy, industrials, and materials. Managed by BlackRock, the ETF follows a passive investment strategy, aiming to mirror the underlying index’s returns by holding its constituents in their respective market capitalizations. This fund is accumulating, which means any dividends from portfolio companies are automatically reinvested within the fund rather than distributed to shareholders, allowing for compounded growth over time. It is denominated in US dollars and does not use currency hedging, so returns reflect both underlying asset performance and currency movements. With inception dating back to January 2010 and significant assets under management, this ETF offers a transparent, low-cost solution (with a total expense ratio of 0.48% per annum) for investors seeking diversified exposure to Canada’s most prominent equities in a single, tradable instrument.