Investment Strategy
The Fund aims to provide exposure to the Canadian equity market by closely matching key attributes of the S&P/TSX Capped Composite Total Return Index. The Fund employs full replication techniques to seek to replicate the characteristics and returns of the benchmark. The index includes all constituents of the S&P/TSX Composite Total Return Index, but caps the maximum weight of each security at 10%. This composition offers investors comprehensive exposure to the Canadian equity market, while addressing single-stock concentration concerns. The Fund is managed based on the belief that indexing helps reduce portfolio risk by investing in a comprehensive range of securities, while lowering costs compared with more active approaches.
Investment Objective
The investment objective of the Fund is to provide performance similar to the performance of the S&P/TSX Capped Composite Index.
Who Should Invest
This Fund is designed for institutional investors that are interested in a broadly-based indexed Canadian equity exposure, but are concerned with the concentration of the S&P/TSX Composite Total Return Index.
Fund Facts
Canadian Equity |
Passive |
August 15, 2000 |
S&P/TSX Capped Composite TRI |