61.10
-0.15(-0.24%)
Currency In CAD
Address
Canada
Phone
N/A
Website
N/A
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
April 12, 2016
The funds underlying index is designed to measure the performance of high-dividend Canadian companies or REITs with significant anticipated yield. Selection of index constituents is determined on minimum size and dividend-paying requirements, and based upon three equally represented sectors: financials, energy and a diversified sector. Eligible securities are ranked based on their anticipated cash dividend yield to select the top 40 index constituents. Then, in order to determine the weight of each security within each sector, securities are market-cap-weighted.