iShares S&P/TSX Completion Index ETF (XMD.TO) TSX

56.76

+0.26(+0.46%)

Updated at January 14 03:59PM

Currency In CAD

General
Statistics
Historical Data
Profile
Financials

iShares S&P/TSX Completion Index ETF

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

Key Executives

N/A

Description

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.