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iShares MSCI Min Vol Global Index ETF (CAD-Hedged)
XMY (iShares MSCI Min Vol Global Index ETF (CAD-Hedged)) is a factor Global Equity ETF by iShares. With a 0.47% MER, it provides diversified exposure. Semi-annual distribution with a 0.76% yield.
XMY by iShares is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
With a 0.47% MER, its fees are in line with category averages.
It is a popular choice as a core holding in long-term portfolios, whether in a TFSA, RRSP, or FHSA.