iShares S&P/TSX Capped Materials Index ETF (XMA.TO) TSX

33.27

+0.26(+0.79%)

Updated at September 08 10:00AM

Currency In CAD

General
Statistics
Historical Data
Profile
Financials

iShares S&P/TSX Capped Materials Index ETF

Address

Canada

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

December 28, 2005

Key Executives

N/A

Description

The fund provides exposure to the Canadian materials sector. The underlying index draws stocks from the S&P/TSX Composite, classified by GICS as a materials company, more specifically GICS Sector 15. The underlying index is market cap-weighted, it applies a 25% cap to single constituents and usually undergoes quarterly rebalance. XMA currently employs a replicating strategy wherein it invests in securities in considerably the same proportions as they are represented in the underlying index.