ETF Sage
Canadian ETF knowledgebase
ETF Sage
Canadian ETF knowledgebase
The fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P Global 1200 Health Care Sector Canadian Dollar Hedged Index, net of expenses, and, to the extent possible, hedge any resulting foreign currency exposure back to Canadian dollars.
The investment strategy of XHC is to invest primarily in shares of a U.S. iShares Fund (iShares S&P Global Healthcare Sector Index Fund) that seeks investment results that correspond generally to the applicable index and to hedge any resulting U.S. dollar currency exposure back to Canadian dollars.
The S&P Global 1200 Health Care Canadian Dollar Hedged Index is a float-adjusted, market capitalization-weighted index, comprised of the largest and most liquid healthcare securities from around the world.
It includes all constituents of the S&P Global 1200 Index included in the Healthcare sector as defined by the Global Industry Classification Standard (GICS), the most widely used industry classification in the world.
The major sub-sectors are pharmaceuticals, health care equipment and biotechnology.
The index is currency hedged to Canadian dollars.
| Fundamentals | |
|---|---|
| Category (main) | Global Equity - Health Care |
Underlying Index  |
S&P Global 1200 Health Care CAD Hedged |
| ETF Structure | Passive type. Endeavours to return the Index return before fees/costs |
| Asset Class |
Equity |
| Region |
Global |
| Issuer | iShares Canada by Blackrock |
| ETF Home Page | Available here |
| Fund Facts | |
|---|---|
| Inception Date | 12 Apr 2011 |
| Total Holdings |
1 (89) * |
Distribution Frequency  |
Semi-Annual |
| Leverage |
None |
| Significant Currency Exposure
|
Yes |
| Currency Hedging
|
Yes |
* The US iShares S&P Global Healthcare Sector ETF has 45 holdings (May 2013)
| Fees | |
|---|---|
| Management Fee |
0.63% |
| Management Expense Ratio (MER) |
0.64% |
| Trading Information | |
|---|---|
| Ticker | XHC |
| Exchange |
TSX (Toronto Stock Exchange) |
| Currency |
CAD |
| Eligibility | |
|---|---|
| Eligibility * |
RRSP, RRIF, RESP, TFSA, DPSP, RDSP |
| DRIP available ** |
No |
| PACC Plan available ** |
No |
| SWP available ** |
No |
* 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:
iShares US include this data regarding the iShares S&P Global Healthcare Sector Index Fund:
