Description

Seeks to track the performance of the S&P 500 Index (CAD-hedged) to the extent possible and before fees and expenses. Invests primarily in the U.S.-domiciled Vanguard S&P 500 ETF. U.S. dollar exposure is hedged back to the Canadian dollar. Employs a passively managed, full-replicated index strategy to provide exposure of large U.S. companies. Uses efficient, cost effective index management techniques.