Canadian ETF knowledgebase
The fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the Russell 2000 Index - Canadian Dollars Hedged, net of expenses.
The investment strategy of XSU is to invest primarily in shares of a U.S. iShares Fund (iShares Russell 2000 ETF) that seeks investment results that correspond generally to the applicable index and to hedge any resulting U.S. dollar currency exposure back to Canadian dollars.
The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity universe. The Russell 2000 Index is a subset of the Russell 3000 Index. It includes approximately 2000 of the smallest securities based on a combination of their market cap and current index membership.
The Russell 2000 is constructed to provide a comprehensive and unbiased small-cap barometer.
|Category (main)||USA Equity - Small Cap|
|Underlying Index||Russell 2000 Index - Canadian Dollar Hedged|
|ETF Structure||Passive type. Endeavours to return the Index return before fees/costs|
|Asset Class||Equity - Small Cap|
|Issuer||iShares Canada by Blackrock|
|ETF Home Page||Available here|
|Inception Date||14 May 2007|
|Total Holdings||1 (1,957) *|
|Significant Currency Exposure||Yes|
* The US iShares Russell 2000 ETF has 1,957 holdings (May 2013)
|Management Expense Ratio (MER)||0.36%|
|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.