Canadian ETF knowledgebase
The fund has been designed to replicate, to the extent possible, the performance of the S&P/TSX Equal Weight Oil & Gas Index, net of expenses.
The fund invests in and holds the constituent securities of the index in the same proportion as they are reflected in the index.
The S&P/TSX Equal Weight Oil & Gas Index includes securities which are constituents of the S&P/TSX 60 Index and are involved in Oil & Gas Drilling, Oil & Gas Equipment & Services, Integrated Oil & Gas, Oil & Gas Exploration & Production, Oil & Gas Refining & Marketing, and Oil & Gas Storage & Transportation, however, security is allocated an equal weight rather than a market capitalization weight.
|Category (main)||Canadian Equity - Oil & Gas|
|Category (other)||Oil & Gas|
|Underlying Index||S&P/TSX Equal Weight Oil & Gas Index|
|ETF Structure||Passive type. Endeavours to return the Index return before fees/costs|
|Asset Class||Equity - Oil & Gas|
|ETF Home Page||Available here|
|Inception Date||Oct 20, 2009|
|Significant Currency Exposure||No|
|Currency Hedging||Not applicable|
|Management Expense Ratio (MER)||0.61%|
|Exchange||TSX (Toronto Stock Exchange)|
|Eligibility *||RRSP, RRIF, RESP, TFSA, DPSP, RDSP|
|DRIP available **||Yes|
|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.
To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:
We consider an MER () of 0.61% as excessive given the ETF holds just 12 stocks.