EFAV

📎 Investment Objective

The iShares MSCI EAFE Min Vol Factor ETF (EFAV) seeks to track the investment results of an index composed of developed market equities outside the U.S. and Canada that have lower volatility characteristics relative to the broader international equity market.

✨ Key Features

• Provides exposure to a portfolio of developed market equities outside the U.S. and Canada with lower historical volatility
• Utilizes a minimum volatility strategy to potentially reduce overall portfolio risk
• Passively tracks the MSCI EAFE Minimum Volatility (USD) Index
• Diversified across multiple countries and sectors

⚠️ Primary Risks

• Equity market risk: The value of the ETF's holdings may decline due to general market and economic conditions
• Currency risk: The ETF's returns could be reduced by currency exchange rate fluctuations
• Concentration risk: The ETF may be more susceptible to factors adversely affecting its target index compared to a more diversified fund
• Passive investment risk: The ETF may not achieve its investment objective if its index tracking is imperfect

👤 Best For

The iShares MSCI EAFE Min Vol Factor ETF may be suitable for investors seeking exposure to developed international equities with the potential for lower volatility compared to the broader market. It could be used as a core holding or to complement a diversified portfolio.