ETF Watch: iShares Plans Plain Vanilla Int’l Fund

Proposed ETF will track cap-weighted index of developed-market stocks.

TwitterTwitterTwitter
ETF.com
|
Reviewed by: etf.com Staff
,
Edited by: etf.com Staff

iShares has filed for an ETF that will target developed-market equities across the size spectrum. The iShares MSCI International Developed ETF will track equities from 22 markets.

The plain-vanilla index is cap-weighted and selects its component stocks from the small-, mid- and large-cap segments. The proposed fund is akin to a souped-up MSCI EAFE fund in that it doesn’t just cover ­­­­large- and midcap stocks, and it also includes Canada. Canada performed well in 2016, and has significant exposure to the commodity space.

The fund’s plain-vanilla, unhedged exposure is unusual in this era of smart-beta and currency hedging. The largest competitor to such a product is the Vanguard FTSE Developed Markets ETF (VEA), which has $39.5 billion in assets under management and covers the same broad market capitalization spectrum and also excludes the U.S.

The filing did not include an expense ratio, ticker or listing exchange.

Contact Heather Bell at [email protected].

 

etf.com is the single source for ETF intelligence. We provide real-time ETF news and analysis to educate investors and drive financial knowledge in the space. Our personalized and accurate information, alongside industry-leading financial tools, are depended upon to develop winning investment and financial decisions. At etf.com, we strive to serve both the individual investor as well as the professional financial advisor to educate and grow the ETF community.

Loading