This index tracks international developed market stocks that exhibit a variety of factors that the manager believes will produce superior returns. (etfdb.com)
Against this economic backdrop, we believe developed market stocks will advance and investors will be rewarded for moving up the risk spectrum into equities, credit and alternative asset classes. (blackrockblog.com)
It's also more tax - efficient since it holds developed markets stocks directly rather than via an underlying ETF, which results in lower foreign withholding taxes. (moneysense.ca)