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IIMF

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1m

Analysis and statistics

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About

IIMF.TO is the ticker symbol for the iShares ESG Aware MSCI Canada ETF. This ETF aims to track the performance of a broad Canadian equity benchmark, adjusted for ESG (environmental, social, and governance) factors, by excluding or underweighting companies with lower ESG ratings and overweighting those with higher ESG ratings. It provides investors with exposure to Canadian stocks while considering sustainability criteria.
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Factors

Benchmark Performance: The IIMF.TO ETF's price closely mirrors the performance of its underlying benchmark index, influencing its price directly.

Supply and Demand: Increased demand drives the price up, while higher supply pushes it down.

Interest Rates: Rising interest rates can make fixed income investments, like those held by IIMF.TO, less attractive, potentially lowering the ETF's price.

Inflation Expectations: Higher inflation erodes the real value of fixed income assets, possibly decreasing the ETF's price.

Credit Risk: Downgrades in the credit ratings of the bonds held within the ETF can negatively impact its price.

Market Sentiment: Overall investor optimism or pessimism towards fixed income markets affects IIMF.TO's price.

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