Canadian ETF knowledgebase
The fund has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada REIT Index, net of expenses.
The fund invests in Canadian real estate investment trusts.
The fund invests in and holds the constituent securities of the index in the same proportion as they are reflected in the index.
The Solactive Equal Weight Canada REIT Index consists of the Canadian securities that fall within the Real Estate Investment Trust sector.
Each security in the index is allocated a fixed weight rather than a market capitalization weight.
To be included as a constituent security, an issue must meet certain minimum trading volume requirements and be incorporated in, or has its primary market listing in Canada.
|Inception Date||May 19, 2010|
|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 18 stocks.