iShares S&P/TSX Capped Financials Index ETF (XFN.TO) TSX

67.41

+0.53(+0.79%)

Updated at August 22 03:59PM

Currency In CAD

General
Statistics
Historical Data
Profile
Financials

iShares S&P/TSX Capped Financials Index ETF

Address

Toronto,

Canada

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

March 29, 2001

Key Executives

N/A

Description

The fund provides exposure to the Canadian financial sector. The underlying index draws stocks from the S&P/TSX Composite, classified by GICS as a financial sector company, more specifically GICS Sector 40 - broad financials. The underlying index is market cap weighted, it applies a 25% cap to single constituents and usually undergoes quarterly rebalance. XFN currently employs a replicating strategy wherein it invests in securities in considerably the same proportions as they are represented in the underlying index.