iShares FactorSelect MSCI EAFE Index ETF (XFI.TO)

He is a huge proponent of factor investing. It is a really good way of getting exposure to a broad market. You tilt towards those factors that historically have gotten better risk adjusted returns. Small companies outperform large ones, value companies outperform growth companies. When you tilt towards those things, you tend to get a return that is slightly more variable than the market, but a return that is moderately higher than the market.

Factor products that iShares are putting out are doing well. Factor investing has done quite well in 2016. The slight problem might be that Europe had a less good year, relative to Canada. He likes the product.

(A Top Pick Dec 21/15. Down 5.8%.) This is EAFE (Europe, Australia, Asia and Far East), so it didn’t do as well.

New product.(See remarks under XFA-T.) The same as XFA-T, but it is for EAFE, developed stocks outside of North America and it is unhedged.