The fund is relatively new yes, a touch difficult to evaluate considering it has only been around for a couple of weeks.
However, because it is an index fund we can look at a few things.
First off, the fees. They're relatively reasonable at 0.2%. This is simply the management fees and I do not know the trading expense ratio as the fund hasn't been around long enough. There is a chance these could come in higher but as an index fund, I don't expect trading expenses to be too too high.
Secondly, the strategy. It aims to invest in mid and large cap companies in developed markets outside of North America. This will likely lead to lower volatility overall, but it's not guaranteed. The benchmark index the fund aims to track has put up compound annual returns of around 5.5% over the last 18 years. This has obviously underperformed most North American indexes by a wide margin, but what happens moving forward is anyones guess.
Outside of that, it is more of a wait and see option for this fund. I find it difficult to even track down a list of its top holdings, that is how fresh it is!