The fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P MidCap 400® CAD Hedged Index (the "Index"), net of expenses. Under normal market conditions, the fund will primarily invest in securities of one or more exchange-traded funds managed by BlackRock or an affiliate ("iShares ETFs") and/or equity securities of U.S. mid-capitalization issuers. The fund will seek to hedge any resulting U.S. dollar or other foreign currency exposure, as applicable, back to Canadian dollars
This ETF provides synthetic exposure. It does not hold the securities of the index directly so we cannot display its exposure breakdown.