iShares S&P/TSX Capped Energy Index ETF (XEG.TO) TSX

18.30

+0.06(+0.33%)

Updated at October 31 11:21AM

Currency In CAD

iShares S&P/TSX Capped Energy Index ETF

Address

Toronto,

Canada

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

March 23, 2001

Key Executives

N/A

Description

The fund invests in Canadian stocks from the S&P/TSX Composite, classified by GICS as an energy sector company. However, the underlying index excludes midstream and downstream energy production specifically, the GICS subindustries oil & gas refining & marketing and oil & gas storage & transportation. It also excludes the coal & consumable fuels subindustries. The committee-selected index applies a 25% cap to single constituents and usually undergoes quarterly rebalance. XEG currently employs a replicating strategy wherein it invests in securities in considerably the same proportions as they are represented in the underlying index.