ETF Sage
Canadian ETF knowledgebase
The fund seeks to replicate, before fees and expenses, the performance of the S&P 500 High Beta Index (CAD Hedged).
The index is designed to replicate the returns of the S&P 500 High Beta Index (the "underlying index"), with all or substantially all of the direct U.S.-dollar exposure of the underlying index hedged back to the Canadian dollar.
The underlying index is designed to measure the performance of the 100 constituents in the S&P 500 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 underlying index includes all of the stocks included in the S&P 500 Index.
The S&P 500 High Beta Index (CAD Hedged) is designed to replicate the returns of the S&P 500 High Beta Index, with all or substantially all of the direct U.S- dollar exposure of the Underlying Index hedged back to the Canadian dollar.
Fundamentals | |
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Category (main) | USA Equity: Broad Equities / High Beta |
Category (other) | High Beta |
Underlying Index | S&P 500 High Beta Index (CAD Hedged) |
ETF Structure | Passive type. Endeavours to return the Index return before fees/costs |
Asset Class | Equity |
Region | USA |
Issuer | Invesco (Canada) |
ETF Home Page | Available here |
Fund Facts | |
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Inception Date | Apr 24, 2012 |
Total Holdings | 100 |
Distribution Frequency | Quarterly |
Leverage | None |
Significant Currency Exposure | Yes |
Currency Hedging | Yes |
Fees | |
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Management Fee | 0.35% |
Management Expense Ratio (MER) | 0.38% * |
* 2012
Trading Information | |
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Ticker | UHB |
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: