iShares MSCI EAFE ETF (IVE)
Asset Class: International Equities
Description: Europe, Australia, Asia & Far East, Passive
- The iShares MSCI EAFE ETF (IVE) provides exposure to over 900 large and mid-cap companies from Europe, Australasia and the FarEast.
- The strategy is an index based strategy and therefore doesn't attempt to 'beat the market', it provides the portfolio with low cost access to broad based international developed market equities (excluding US and Canada).
- The combination of IVE and IVV allows us to vary the exposure of the portfolio to US equities, at the moment the portfolios are underweight US equities relative to the broader MSCI World Index.
- IVE provides exposure to some well known companies such as Nestle, Novartis, HSBC, Royal Dutch Shell, Toyota and SAP.