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 CNX Nifty Index, net of expenses.
The investment strategy of XID is to invest primarily in shares of a U.S. iShares Fund (iShares India 50 ETF) that seeks investment results that correspond generally to the applicable index.
The CNX Nifty Index is an equity index drawn from securities listed on the National Stock Exchange of India ("NSE").
It includes 50 companies and represents approximately 60% of the market capitalization of the NSE.
The constituent issuers are large and liquid blue chip Indian companies, each with a minimum six-month average market capitalization of five billion Indian rupees.
The constituent issuers are free-float market capitalization weighted.
| Fundamentals | |
|---|---|
| Category (main) | India Equity - Large Cap |
Underlying Index  |
CNX Nifty Index |
| ETF Structure | Passive type. Endeavours to return the Index return before fees/costs |
| Asset Class |
Equity - Large Cap |
| Region |
India |
| Issuer | iShares Canada by Blackrock |
| ETF Home Page | Available here |
| Fund Facts | |
|---|---|
| Inception Date | 21 Jan 2010 |
| Total Holdings |
1 (50) * |
Distribution Frequency  |
Semi-Annual |
| Leverage |
None |
| Significant Currency Exposure
|
Yes |
| Currency Hedging
|
No |
* The US iShares India 50 ETF has 50 holdings (May 2013)
| Fees | |
|---|---|
| Management Fee |
0.98% |
| Management Expense Ratio (MER) |
0.99% |
| Trading Information | |
|---|---|
| Ticker | XID |
| 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:
iShares US includes a wealth of data on the iShares India 50 ETF, including:
