Canadian ETF knowledgebase
The fund has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight US Health Care Index Canadian Dollar Hedged, 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 US dollar exposure is hedged back to Canadian dollars.
The Solactive Equal Weight US Health Care Index Canadian Dollar Hedged consists of the securities of companies that fall within the Health Care supersector of the Industry Classification Benchmark.
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 the United States.
The U.S. dollar exposure is hedged back to Canadian dollars.
|Category (main)||American Equity - Health Care|
|Underlying Index||Solactive Equal Weight US Health Care Index Canadian Dollar Hedged|
|ETF Structure||Passive type. Endeavours to return the Index return before fees/costs|
|Asset Class||Equity - Health Care|
|ETF Home Page||Available here|
|Inception Date||May 19, 2010|
|Significant Currency Exposure||Yes|
|Management Expense Ratio (MER)||0.39%|
|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.