iShares S&P/TSX Capped Information Technology Index ETF (XIT.TO) TSX

76.35

+0.28(+0.37%)

Updated at August 18 03:59PM

Currency In CAD

General
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Historical Data
Profile
Financials

iShares S&P/TSX Capped Information Technology 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 provides a total market exposure to the Canadian technology sector. The underlying index draws stocks from both the S&P/TSX Composite and the S&P/TSX SmallCap Index that are classified by GICS as an information technology company, more specifically GICS Sector 45. The underlying index is market-cap-weighted, it applies a 25% cap to single constituents and usually undergoes quarterly rebalance. XIT currently employs a replicating strategy wherein it invests in securities in considerably the same proportions as they are represented in the underlying index.