45.08
+0.1(+0.22%)
Currency In CAD
Address
United States of America
Phone
N/A
Website
N/A
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
March 08, 2001
The fund invests in the Canadian equities not included in the S&P/TSX 60 Index. The fund tracks a committee-selected index weighted by market capitalization. Eligible securities from the S&P/TSX Composite are screened by market cap and liquidity, only small- and mid-cap companies are included. Sectors weights are intended to parallel the S&P/TSX Composite. The index usually undergoes quarterly rebalance. XMD currently employs a replicating strategy wherein it invests in securities in considerably the same proportions as they are represented in the index.