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PowerShares S&P 500 Low Volatility (CAD Hedged) Index ETF - ULV

ETF Overview

The fund seeks to replicate, before fees and expenses, the performance of the S&P 500® Low Volatility Index (CAD Hedged).

The index is designed to give investors exposure to the 100 stocks from the S&P 500® Index with the lowest realized volatility over the past 252 trading days as of the most recent quarterly rebalancing.

Volatility is defined for this purpose as the standard deviation of the security's daily price returns, and reflects the magnitude of the security's price fluctuations over this time period.

Additional Index Information

The S&P 500 Low Volatility Index (CAD Hedged) measures the performance of an investment strategy that is long the S&P 500 Low Volatility Index hedged against fluctuations of the U.S. dollar versus the Canadian dollar.

Key ETF Data

Fundamentals
Category (main) USA Equity: Broad Equities / Minimum Volatility
Category (other)Minimum Volatility
Underlying Index S&P 500 Low Volatility Index (CAD Hedged)
ETF Structure Passive type. Endeavours to return the Index return before fees/costs
Asset Class Equity
Region USA
Issuer Invesco (Canada)
ETF Home Page Available here
Fund Facts
Inception Date Jan 24, 2012
Total Holdings 100
Distribution Frequency Monthly
Leverage None
Significant Currency Exposure Yes
Currency Hedging Yes
Fees
Management Fee 0.35%
Management Expense Ratio (MER) 0.35% *

* 2012

Trading Information
Ticker ULV
Exchange TSX (Toronto Stock Exchange)
Currency CAD
Eligibility
Eligibility * RRSP, RRIF, RESP, TFSA, DPSP, RDSP
DRIP available ** Unknown
PACC Plan available ** Unknown
SWP available ** Unknown

* Always check eligibility with your plan operator as plans and accounts can differ

** Not all brokers can facilitate these plans. Check with your broker.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:

ETF at TMX ETF at Morningstar

ETF Analysis

Canada ETFs's analysis of this ETF will be available soon.