The iShares MSCI EAFE Index ETF (CAD-Hedged), trading under the ticker TSE:XIN, is a prominent financial instrument designed to provide Canadian investors with comprehensive exposure to international equity markets while mitigating currency risk. This exchange-traded fund (ETF) is strategically focused on the Total Market category within a Broad-based niche, offering a diversified investment approach that encompasses a wide array of companies across Europe, Australasia, and the Far East (EAFE). By tracking the MSCI EAFE Index, the fund includes a substantial mix of large, mid, and small-cap stocks, ensuring a balanced representation of the developed markets outside of North America.
The CAD-Hedged feature of the ETF is particularly advantageous for investors seeking to minimize the impact of foreign exchange fluctuations on their returns, thereby providing a smoother investment experience. This makes it an ideal choice for those looking to gain exposure to international markets while maintaining a focus on risk management. With its expansive reach and strategic hedging, the iShares MSCI EAFE Index ETF (CAD-Hedged) stands as a compelling option for investors aiming to diversify their portfolios with global equities, all the while balancing growth potential with currency stability.
iShares MSCI EAFE Index ETF (CAD-Hedged) (XIN) Fund Flow Chart
iShares MSCI EAFE Index ETF (CAD-Hedged) (XIN) 1 year Net Flows: -C$12M