Overview
Description
The BMO MSCI EAFE Index ETF is a type of exchange-traded fund designed to provide investors with exposure to equity markets in Europe, Australasia, and the Far East. Its primary function is to track the performance of the MSCI EAFE Index, which is composed of large and mid-cap companies in developed markets outside of North America. By incorporating a diversified portfolio of internationally recognized firms, it enables investors to access global equity markets, spreading risk across geographic regions and industry sectors. This ETF impacts various industries, including financials, consumer goods, and healthcare, offering a broad spectrum of market participation. Managed by BMO Global Asset Management, the ETF plays a significant role in providing a strategic investment vehicle for those seeking international diversification and is a key component for investors aiming to balance portfolios with global equities. Its significance lies in its ability to affordably access a comprehensive slice of the world's developed markets, making it a valuable tool for growth and portfolio diversification strategies.
About
Address
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Phone
+1 8003611392
Website
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Instrument type
ETF
Country
Canada
MIC code
XTSE