Key stats
About iShares MSCI Multifactor Canada Index ETF
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Inception date
Sep 22, 2015
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.
ISIN
CA46435M1095
XFC follows an index of Canadian stocks from large- to small caps, emphasizing increased exposure to multiple factors, while maintaining the risk profile of the parent index. This method seeks undervalued and over-performing smaller companies from the MSCI Canada IMI Index (parent index) using a composite score derived from the Barra multi-factor equity model. The model uses four factors quality, value, momentum, and small size in its portfolio selection. Value score is calculated from valuation ratios that focus on forward and trailing earnings, cash earnings, book value, and EV/EBIT. Quality score is focused on metrics for profitability, investment quality, leverage and earnings volatility. Momentum score measures sustained relative performance against the global market over a two-year period for the previous 12 months. Low size score compares market cap from companies based in the same country. The underlying index is rebalanced on a semi-annual basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
XFC last dividends amounted to 0.13 USD. The quarter before, the issuer paid 0.13 USD in dividends, which shows a 1.07% decrease.
XFC shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Sep 22, 2015, and its management style is Passive.
XFC expense ratio is 0.53% meaning you'd have to pay 0.53% of your investment to help manage the fund.
XFC follows the MSCI Canada IMI Select Diversified Multiple-Factor Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
XFC invests in cash.
XFC trades at a premium (36.77%) meaning the ETF is trading at a higher price than the calculated NAV.