Canadian ETF knowledgebase
The fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped Composite Index through investments in the constituent issuers of such index, net of expenses.
The index is comprised of the largest and most liquid securities listed on the TSX (Toronto Stock Exchange), selected by S&P using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals.
The S&P/TSX Composite covers approximately 95% of the Canadian equities market, and has been the primary gauge for Canadian-based, Toronto Stock Exchange-listed companies since 1977.
The index caps constituents weights at a maximum of 10% for any single holding.
|Category (main)||Canadian Equity - Broad Market|
|Underlying Index||S&P/TSX Capped Composite Index|
|ETF Structure||Passive type. Endeavours to return the Index return before fees/costs|
|Asset Class||Equity - Broad Market|
|Issuer||iShares Canada by Blackrock|
|ETF Home Page||Available here|
|Inception Date||16 Feb 2001|
|Significant Currency Exposure||No|
|Currency Hedging||Not applicable|
|Management Expense Ratio (MER)||0.06%|
|Exchange||TSX (Toronto Stock Exchange)|
|Eligibility *||RRSP, RRIF, RESP, TFSA, DPSP, RDSP|
|DRIP available **||Yes|
|PACC Plan available **||No|
|SWP available **||No|
* Always check eligibility with your plan operator as plans and accounts can differ
** Not all brokers can facilitate these plans. Check with your broker.
To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:
Canada ETFs's analysis of this ETF will be available soon.