Description

This fund's primary objective is to mirror, as closely as practicable and net of fees, the performance of the Morningstar Canada Target Value IndexTM. It allocates capital to equity securities of leading and highly liquid Canadian public companies, selected through Morningstar's exclusive research methodology. The fund aims to provide broad diversification within Canadian issuers that exhibit "value" characteristics, such as favorable price-to-earnings and price-to-cash flow ratios. Its investment approach involves a direct replication strategy, holding the exact constituents of the underlying Index.