Key stats
About ISHARES CORE MSCI CANADIAN QUALITY UNITS
Expense ratio
0.13%
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Inception date
Jun 7, 2017
The fund is passively managed, holding other iShares ETFs that target large- and mid-cap Canadian-based companies with high dividend income and quality characteristics. The underlying security selection begins with a screen for higher than average dividend yields. The process seeks to identify securities with a history of consistent dividend payments and capacity to sustain payments in the future. Securities are then screened for certain quality factors such as return on equity, earning variability, debt to equity, and recent price performance. Stocks not meeting the quality criteria are excluded. Securities remaining that meet the higher than average dividend yields are selected, and market-cap weighted in the investment portfolio. Individual holdings are capped at 10% of the overall portfolio and rebalanced semi-annually.
Classification
What's in the fund
Exposure type
Finance
Industrial Services
Energy Minerals
Utilities
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.