FYI: Defensive strategies provide a way to invest in stocks while incurring less risk than a cap-weighted index. Less risk means a smoother ride, and these types of funds should hold up better during market downturns. IShares Edge MSCI Min Vol EAFE ETF (EFAV) is an appealing, low-cost fund that captures these characteristics. It takes additional measures to promote diversification and limit turnover, meaning it could be used as a core holding. EFAV’s integrated approach to portfolio construction and proven ability to cut back on risk earn a Morningstar Analyst Rating of Silver.
Regards,
Ted
https://www.morningstar.com/articles/944817/a-less-risky-foreign-stock-fund
