Definitions for "IShares"
Keywords:  barclays, etf, phonak, iunits, global
iShares are the family of over 120 different exchange traded funds from Barclays Global Investors that trade like stocks. Currently, iShares (called iUnitsĀ® in Canada) trade in the United States, Canada, Europe, the United Kingdom, Hong Kong and Singapore.
iShares are a family of ETFs. Like stocks they are liquid, and are like index funds in that they offer the benefits of diversification, market tracking and relatively low expenses. Each share represents a portfolio of securities designed to closely track one specific market index.
Index funds that trade like stocks on stock markets. Each share represents a proportion of ownership in each stock that makes up an index.