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.