Key stats
About BLACKROCK ASSET MANAGEMENT CA LTD ISHARES CANADIAN VALUE INDEX ETF
Home page
Inception date
Nov 6, 2006
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
BlackRock Asset Management Canada Ltd.
Identifiers
3
ISIN CA46430U1066
The fund is passively managed to target the value segment of the Dow Jones Canada Index, which provides broad, market-like exposure to Canadian equities. The funds index screens for large- and mid-caps, and then ranks eligible securities using a style classification based on six factors: projected earnings growth, projected price-to-earnings, price-to-book, dividend yield, revenue growth, and earnings growth. Securities are grouped according to style, with the value cluster forming XCVs portfolio. Holdings are market cap-weighted, with individual weights capped at 10%. The index is reconstituted annually and rebalanced quarterly.
Related funds
Classification
What's in the fund
Exposure type
Finance
Industrial Services
Energy Minerals
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
IXCVF trades at 36.92 USD today, its price has risen 19.80% in the past 24 hours. Track more dynamics on IXCVF price chart.
IXCVF net asset value is 39.53 today — it's risen 1.37% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
IXCVF assets under management is 91.68 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
IXCVF invests in stocks. See more details in our Analysis section.
IXCVF expense ratio is 0.55%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, IXCVF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, IXCVF pays dividends to its holders with the dividend yield of 2.59%.
IXCVF trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
IXCVF shares are issued by BlackRock, Inc.
IXCVF follows the Dow Jones Canada Select Value Index - CAD - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 6, 2006.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.