Description

The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the John Hancock Dimensional Small Cap Index (CAD Hedged) ("Index"), or any successor thereto. The ETF invests directly or indirectly primarily in small capitalization U.S. equities. The ETF seeks to hedge all or substantially all of the foreign currency exposure in the portfolio that is attributable to the Hedged Units back to the Canadian dollar. The Index is designed to comprise a subset of equity securities in the U.S. universe issued by companies whose market capitalizations are smaller than the 750th largest U.S. company but excluding the smaller of either the 1,350th largest U.S. company or bottom 2.5% of U.S. companies' rolling free float market capitalization, at the time of reconstitution