Key stats
About BLACKROCK ASSET MANAGEMENT CA LTD ISHARES ESG AWARE MSCI CANADA INDEX ETF
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Inception date
Mar 18, 2019
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
BlackRock Asset Management Canada Ltd.
ISIN
CA46437H1082
The fund invest in a portfolio of Canadian stocks from large- to small-cap companies with favorable ESG qualities. The underlying index screens the MSCI Canada Investable Market Index (parent index) to exclude securities of companies involved in tobacco or controversial weapons, producers and retailers of civilian firearms, thermal coal and oil sands, as well as companies involved in severe business controversies. For each industry, MSCI identifies key ESG issues (such as climate change, resource scarcity, and demographic shifts). Each company is then rated based on their exposure and strategic response to the key issues, in comparison to their industry peers. The underlying index is then optimized quarterly to maximize exposure to companies with higher ESG ratings, while providing investment results comparable to those of the parent index.
Related funds
Classification
What's in the fund
Exposure type
Finance
Non-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.
XESGF assets under management is 386.47 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.
XESGF invests in stocks. See more details in our Analysis section.
XESGF expense ratio is 0.18%. 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, XESGF 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, XESGF pays dividends to its holders with the dividend yield of 2.16%.
XESGF shares are issued by BlackRock, Inc.
XESGF follows the MSCI Canada IMI Extended ESG Focus Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 18, 2019.
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.