42.44
+0.01(+0.02%)
Currency In CAD
Address
Canada
Phone
N/A
Website
N/A
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
March 30, 2016
The fund offers a plain vanilla exposure to broad sectors by tracking the performance of a broad US equity market index. The underlying index targets the 500 largest firms by market capitalization in the United States. Securities are selected and weighted based on their market capitalization. The currency exposure is hedged to the Canadian dollar and is rebalanced semi-annually with quarterly IPO reviews.