iShares Edge MSCI Australia Multifactor ETF

The iShares Edge MSCI Australia Multifactor ETF, with the ticker AUMF, is designed to invest in a diverse range of Australian companies by using a multifactor approach. This means it selects stocks based on several characteristics, such as value, quality, momentum, and size, aiming to enhance returns and manage risk better than a traditional market-cap weighted index. With a management fee of 0.30%, AUMF offers a strategic way to gain exposure to the Australian stock market, focusing on companies that exhibit strong financial health and growth potential.

AUMF primarily invests in a diversified range of Australian equities, focusing on companies that represent various market capitalisations—from large-cap to small-cap stocks. The ETF targets sectors across the Australian economy, including information technology, financials, and materials, ensuring broad sector representation. By investing in stocks that exhibit positive exposure to multiple factors, AUMF aims to provide a balanced approach to equity investing. This diversified strategy helps manage risk while still allowing exposure to potential growth opportunities within the Australian market.