XMV - MSCI Canada Minimum Volatility Index Fund

Commencement Date: 24-Jul-2012
The iShares MSCI Canada Minimum Volatility Index Fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the MSCI Canada Minimum Volatility Index (CAD), net of expenses. The MSCI Canada Minimum Volatility Index measures the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in Canada that have lower volatility relative to the equity securities included in the MSCI Canada Index. The eligible universe of securities is taken from the MSCI Canada Index, which is a capitalization-weighted index, and then MSCI follows a rules-based methodology to determine optimal weights for securities in the Index in order to seek to minimize total risk of the MSCI Canada Index. Representative companies include energy, financials and materials companies. The Index is optimized in Canadian dollars and reported in Canadian dollars.
XMV CAD

Quote

Historical Prices

 

Market Price

as of 23-May-2013

NAV

as of 23-May-2013

Close $22.34 $22.31
Change -$0.20   -0.89% -$0.16   -0.71%
52-week Range 20.14 - 22.54 20.03 - 22.48

Tools

Top Daily Holdings* as of 23-May-2013
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Holding % of Fund
PEMBINA PIPELINE CORP. 3.52%
ENBRIDGE INC 3.50%
BCE INC 3.22%
BANK OF NOVA SCOTIA 3.17%
HUSKY ENERGY INC. 3.07%
TRANSCANADA CORPORATION 3.07%
BANK OF MONTREAL 3.04%
CANADIAN UTILITIES LTD. CL A 2.99%
TORONTO-DOMINION BANK/THE 2.93%
CANADIAN IMPERIAL BANK OF COMMERCE 2.85%
Total: 31.36%
*Holdings are subject to change.

Sector Breakdown as of 16-May-2013
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Sector

% of Fund

Sector

% of Fund

 
Energy
21.51%
 
Real Estate
4.87%
 
Banks
17.13%
 
Insurance
4.84%
 
Materials
9.56%
 
Media
4.65%
 
Food & Staples Retailing
8.78%
 
Diversified Financials
4.58%
 
Telecommunication Services
8.11%
 
Other/Undefined
9.51%
 
Utilities
6.46%  

Yield as of 22-May-2013
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  % of Yield
Distribution Yield Distribution Yield

The annual yield an investor would receive if the most recent fund distribution stayed the same going forward. The yield represents a single distribution from the fund and does not represent the total return of the fund. The yield is calculated by annualizing the most recent distribution and dividing by the fund NAV from the as-of date. This figure is net of management fees and other fund expenses.

 		2.74%
12-Month Trailing Yield 12-Month Trailing Yield

The yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. The 12-Month yield is calculated by summing any income distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the past twelve months. This figure does not take into account management fees or other fund expenses.

 		--

Fundamentals & Risk as of 22-May-2013

 
Price to Earnings Ratio Price To Earnings Ratio

The price to earnings ratio is a fundamental measure used to determine if an index is valued appropriately. The earnings used in the calculation is the 12 month trailing earnings.

 		15.10
Price to Book Ratio Price To Book Ratio

The price to book value ratio is a fundamental measure used to determine if an index is valued appropriately. The book value of a company is a measure of how much a company's assets are worth assuming the company's debts are paid off.

 		2.00

Profile

as of 23-May-2013

 
Assets Under Management $13,387,436
Fiscal Year End 31-Dec-2013
Units Outstanding 600,000
Number of Holdings 71
Inception Date 24-Jul-2012
Index Provider MSCI
Underlying Index MSCI Canada Minimum Volatility (CAD)

Fees & Expenses

 
Management Fee Management Fee

The annual fee payable by the fund to BlackRock Canada for acting as trustee and manager of the fund.

 		  0.30%
Management Expense Ratio (MER) Management Expense Ratio(MER)

As reported in the fund's most recent Annual Management Report of Fund Performance. MER includes all management fees and GST/HST paid by the fund for the period, including fees paid indirectly as a result of holdings of other ETFs.

 		  0.34%

Distribution Information as of  22-May-2013

 
Eligible for Registered Plans No**
Distribution Frequency Quarterly
Last Distribution per Share $0.15418
Distribution Yield 2.74%
DRIP Price $22.10
Last Date Paid 28-Mar-2013
*BlackRock Canada offers these programs through the fund's transfer agent. Participation by individual brokerage can vary.
**Investors should consult their plan operator to verify whether their specific account supports investments in iShares ETFs.

Trading Information

 
Ticker XMV
Underlying Index MSCI Canada Minimum Volatility (CAD)
Exchange Toronto Stock Exchange
CUSIP 46433N109
Listed Options N