Description

HXE provides investors with targeted exposure to the Canadian energy sector by tracking the performance of the S&P/TSX Capped Energy Index, where the relative weight of any constituent issuer is capped at 25%. HXE allows investors to strategically allocate their portfolios to the energy sector, potentially capitalizing on opportunities for growth and income within this specific segment of the Canadian equity market. This ETF is suitable for an investor looking for total return exposure to the energy sector of the Canadian equity market, who can handle the ups and downs of the stock market, but is not looking for regular distributions. HXE seeks to replicate, to the extent possible, the performance of the S&P/TSX Capped Energy Index (Total Return), net of expenses. The S&P/TSX Capped Energy Index (Total Return) is designed to measure the performance of Canadian energy sector equity securities included in the S&P/TSX Composite Index. The Relative Weight of any single index Constituent Security is capped.