Global X Equal Weight Canadian REITs Index Corporate Class ETF (HCRE.TO) TSX
Currency In CAD
- General
- Statistics
- Historical Data
- Profile
- Financials
Currency In CAD
Address
161 Bay Street, Suite 2700
Toronto, ON M5J 2S1
Canada
Phone
1-866-641-5739
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
January 22, 2019
HCRE provides investors with direct access to the Canadian real estate market through a diversified portfolio of Real Estate Investment Trusts (REITs). This approach allows participation in potential rental income and capital appreciation generated by a wide range of properties, such as commercial offices, residential complexes, and retail centers. This broad diversification helps to mitigate specific sector risks and enhances the stability of an investment portfolio. The ETF is designed for investors seeking overall capital growth from Canadian REIT equities, who are comfortable with value fluctuations but do not require consistent income distributions. HCRE's primary goal is to replicate, as closely as feasible, the performance of the Solactive Equal Weight Canada REIT Index (Total Return), net of its operating expenses. This underlying index uniformly weights Canadian-listed real estate investment trust equity securities.