ETF Sage
Canadian ETF knowledgebase
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 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.
Fundamentals | |
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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 | |
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Inception Date | July 14, 2010 |
Total Holdings | 60 |
Distribution Frequency | Quarterly |
Leverage | None |
Significant Currency Exposure | No |
Currency Hedging | Not applicable |
Fees | |
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Management Fee | 0.50% |
Management Expense Ratio (MER) | 0.57% * |
* 2011, 2010 (0.56%)
Trading Information | |
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Ticker | HEW |
Exchange | TSX (Toronto Stock Exchange) |
Currency | CAD |
Eligibility | |
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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.
To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below: