Global X - S&P/TSX Capped Composite Index - ETF (HXCN.TO) TSX

50.61

+0.11(+0.22%)

Updated at October 03 09:30AM

Currency In CAD

Global X - S&P/TSX Capped Composite Index - ETF

Address

Canada

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

February 10, 2020

Key Executives

N/A

Description

The fund provides exposure to the broad Canadian equity space by following a capped version of the S&P/TSX Composite Index, which holds over 200 TSX-listed securities of the largest and most liquid companies, across all GICS sectors. The plain-vanilla portfolio is curated through a Committee selection process and follows a market-cap weighting scheme. The index imposes 10% capped weights on all constituents of the parent index. The fund may use a sampling methodology to track its index which rebalances quarterly.