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 Morningstar Dividend Yield Focus Index-CAD Hedged, net of expenses.
The Morningstar Dividend Yield Focus Index - CAD-Hedged tracks high-yielding, dividend-paying, U.S.-based securities and is a focused benchmark comprising "qualified income" paying securities screened for superior company quality and financial health, hedged to Canadian dollars.
Currency hedging is employed to mitigate the effects of currency.
The Morningstar Dividend Yield Focus Index is a portfolio of high quality and high yield US stocks screened for consistent records of dividend payments and the ability to sustain them in the future.
The index consists of the top 75 income producing stocks that meet our eligibility criteria.
Canada dollar hedging is employed to limit/minimize USD/CAD exchange risk.
| Fundamentals | |
|---|---|
| Category (main) | USA Equity Income |
Underlying Index  |
Morningstar Dividend Yield Focus Index-CAD Hedged |
| ETF Structure | Passive type. Endeavours to return the Index return before fees/costs |
| Asset Class |
Equity Income |
| Region |
USA |
| Issuer | iShares Canada by Blackrock |
| ETF Home Page | Available here |
| Fund Facts | |
|---|---|
| Inception Date | 14 Aug 2012 |
| Total Holdings |
74 |
Distribution Frequency  |
Monthly |
| Leverage |
None |
| Significant Currency Exposure
|
Yes |
| Currency Hedging
|
Yes |
| Fees | |
|---|---|
| Management Fee |
0.30% |
| Management Expense Ratio (MER) |
Unknown |
| Trading Information | |
|---|---|
| Ticker | XHD |
| Exchange |
TSX (Toronto Stock Exchange) |
| Currency |
CAD |
| Eligibility | |
|---|---|
| Eligibility * |
RRSP, RRIF, RESP, TFSA, DPSP, RDSP |
| DRIP available ** |
Yes |
| 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:
