Key stats
About ISHARES MSCI USA MOMENTUM FACTOR IN UNIT
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Inception date
Sep 4, 2019
Structure
Canadian Mutual Fund Trust (ON)
Tax on distributions
Qualified dividends
The fund aims to pick securities located in the U.S. exhibiting positive momentum characteristics. It selects and weights stocks by looking at both 6- and 12-month holding period returns, scaled by the volatility of returns over the past three years. It emphasizes liquid securities that have high price momentum in addition to high investment capacity and average index turnover. This fund is targeted to investors seeking a portfolio that makes large sector bets and carries high market risk. The index is rebalanced semi-annually.
Classification
What's in the fund
Exposure type
ETF
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.