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Horizons S&P/TSX 60 Equal Weight Index ETF - HEW

ETF Overview

The investment objective of the fund is to seek to replicate the performance of the S&P/TSX 60 Equal Weight Index, net of expenses.

The Index

The S&P/TSX 60 Equal Weight Index is the equally weighted version of the S&P/TSX 60, Canada's headline large-cap benchmark.

The S&P/TSX 60 Equal Weight Index has the same constituents as the capitalization weighted S&P/TSX 60, but each company in the equally weighted version is allocated an equal weight at each quarterly rebalancing.

Key ETF Data

Fundamentals
Category (main) Canadian Equity Large Cap - Equal Weight
Category (other)Equal Weight Index
Underlying Index S&P/TSX 60 Equal Weight Index
ETF Structure Passive type. Endeavours to return the Index return before fees/costs
Asset Class Equity
Sub-Asset Class Large Cap
Region Canada
Issuer Horizons ETFs (Canada)
ETF Home Page Available here
Fund Facts
Inception Date July 14, 2010
Total Holdings 60
Distribution Frequency Quarterly
Leverage None
Significant Currency Exposure No
Currency Hedging Not applicable
Fees
Management Fee 0.50%
Management Expense Ratio (MER) 0.57% *

* 2011, 2010 (0.56%)

Trading Information
Ticker HEW
Exchange TSX (Toronto Stock Exchange)
Currency CAD
Eligibility
Eligibility * RRSP, RRIF, RESP, TFSA, DPSP, RDSP
DRIP available ** Yes
PACC Plan available ** Yes
SWP available ** Yes

* Always check eligibility with your plan operator as plans and accounts can differ

** Not all brokers can facilitate these plans. Check with your broker.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:

ETF at TMX ETF at Morningstar