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iShares MSCI Emerging Markets Index ETF
XEM (iShares MSCI Emerging Markets Index ETF) is an index Emerging Markets Equity ETF by iShares. With a 0.82% MER, it provides diversified exposure. Semi-annual distribution with a 1.64% yield.
XEM by iShares is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.82% MER reflects the costs of a more specialized management approach.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.