Global X Equal Weight Canadian REITs Index Corporate Class ETF (HCRE.TO) TSX

31.96

+0.16(+0.50%)

Updated at June 02 03:30PM

Currency In CAD

Global X Equal Weight Canadian REITs Index Corporate Class ETF

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

Key Executives

N/A

Description

HCRE offers investors exposure to the Canadian real estate market through a diversified portfolio of REITs, allowing them to participate in the potential rental income and potential capital appreciation generated by real estate properties. HCRE offers investors a diversified approach to real estate investing across various types of real estate properties, such as office buildings, apartment complexes, and shopping centers, that can help mitigate specific sector risks and enhance overall portfolio stability. This ETF is suitable for an investor looking for total return exposure to equity securities of Canadian real estate investment trusts, who can handle fluctuations in the value of their investment, but who is not looking for regular distributions. HCRE seeks to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada REIT Index (Total Return), net of expenses. The Solactive Equal Weight Canada REIT Index (Total Return) is an equal weight index of Canadian-listed real estate investment trust equity securities.