ETF Sage
Canadian ETF knowledgebase
The fund seeks to replicate, before fees and expenses, the performance of the S&P 500® Low Volatility Index (CAD Hedged).
The index is designed to give investors exposure to the 100 stocks from the S&P 500® Index with the lowest realized volatility over the past 252 trading days as of the most recent quarterly rebalancing.
Volatility is defined for this purpose as the standard deviation of the security's daily price returns, and reflects the magnitude of the security's price fluctuations over this time period.
The S&P 500 Low Volatility Index (CAD Hedged) measures the performance of an investment strategy that is long the S&P 500 Low Volatility Index hedged against fluctuations of the U.S. dollar versus the Canadian dollar.
Fundamentals | |
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Category (main) | USA Equity: Broad Equities / Minimum Volatility |
Category (other) | Minimum Volatility |
Underlying Index | S&P 500 Low Volatility 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 | Jan 24, 2012 |
Total Holdings | 100 |
Distribution Frequency | Monthly |
Leverage | None |
Significant Currency Exposure | Yes |
Currency Hedging | Yes |
Fees | |
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Management Fee | 0.35% |
Management Expense Ratio (MER) | 0.35% * |
* 2012
Trading Information | |
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Ticker | ULV |
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: