Global X - Inovestor Canadian Equity Index - ETF (INOC.TO) TSX

16.19

-0.23(-1.40%)

Updated at November 06 04:10PM

Currency In CAD

Global X - Inovestor Canadian Equity Index - ETF

Address

Canada

Phone

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

November 14, 2017

Key Executives

N/A

Description

The fund aims to invest in and hold equity securities of companies in substantially the same proportion as its underlying index, which measures the performance of large-cap Canadian companies that consistently generate shareholder wealth, while trading at attractive multiple. Based on the philosophy of economic profit, the selection process includes a combination of quality and value factors such as profitability, management quality, valuation, and shareholder yield. The fund is equally weighted and rebalanced on a quarterly basis.