Canadian ETF knowledgebase
The fund has been designed to replicate, to the extent possible, the performance of the S&P/TSX Equal Weight Global Base Metals Hedged to CAD 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 fund invests in and holds Canadian and US securities and ADRs.
U.S. dollar currency exposure is hedged back to Canadian dollars.
The S&P/TSX Equal Weight Global Base Metals CAD-Hedged Index is designed to provide investors an investable index of global securities involved in the production or extraction of base metals.
The index is a subset of the S&P/TSX Global Mining Index, but each constituent security is allocated a fixed weight rather than a market capitalization weight.
The U.S. dollar exposure in the index is hedged back to the Canadian dollar.
|Category (main)||Global Equity: Sector-specific - Base Metals|
|Underlying Index||S&P/TSX Equal Weight Global Base Metals CAD-Hedged Index|
|ETF Structure||Passive type. Endeavours to return the Index return before fees/costs|
|Asset Class||Equity - Base Metals|
|ETF Home Page||Available here|
|Inception Date||Oct 20, 2009|
|Significant Currency Exposure||Yes|
|Management Expense Ratio (MER)||0.63%|
|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:
Canada ETFs's analysis of this ETF will be available soon.