ETF Sage
Canadian ETF knowledgebase
The fund seeks to replicate, before fees and expenses, the performance of the S&P/TSX Composite High Beta Index.
The index is designed to measure the performance of the 50 stocks from the S&P/TSX Composite Index with the highest realized beta over the past 252 trading days as of the most recent quarterly rebalancing.
Beta is a measure of how closely correlated a stock's returns are to that of the market, which for the S&P/TSX Composite High Beta Index includes all of the stocks included in the S&P/TSX Composite Index.
The S&P TSX Composite High Beta measures the performance of the certain constituents most prone to changes in market returns within the S&P/TSX Composite.
It serves as a benchmark for investors with a bullish strategic or tactical view of companies in the Canadian market.
Fundamentals | |
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Category (main) | Canadian Equity: Broad Equities / High Beta |
Category (other) | High Beta |
Underlying Index | S&P/TSX Composite High Beta Index |
ETF Structure | Passive type. Endeavours to return the Index return before fees/costs |
Asset Class | Equity |
Region | Canada |
Issuer | Invesco (Canada) |
ETF Home Page | Available here |
Fund Facts | |
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Inception Date | Apr 24, 2012 |
Total Holdings | 49 |
Distribution Frequency | Quarterly |
Leverage | None |
Significant Currency Exposure | No |
Currency Hedging | Not applicable |
Fees | |
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Management Fee | 0.30% |
Management Expense Ratio (MER) | 0.33% * |
* 2012
Trading Information | |
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Ticker | THB |
Exchange | TSX (Toronto Stock Exchange) |
Currency | CAD |
Eligibility | |
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Eligibility * | RRSP, RRIF, RESP, TFSA, DPSP, RDSP |
DRIP available ** | Unknown |
PACC Plan available ** | Unknown |
SWP available ** | Unknown |
* Always check eligibility with your plan operator as plans and accounts can differ
** Not all brokers can facilitate these plans. Check with your broker.
To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below: