Investment Strategy
The Fund aims to provide exposure to the U.S. equity market by closely matching key attributes of the S&P 500 Total Return Index - US$. The Fund employs full replication techniques to seek to replicate the characteristics and returns of the benchmark. The Fund is managed based on the belief that indexing reduces portfolio risk by investing in a comprehensive range of securities, while lowering costs compared with more active approaches. This Fund is available for purchase in US$ or C$.
Investment Objective
The Fund's objective is to track the performance of the S&P 500 Total Return Index.
Who Should Invest
The Fund is designed for Canadian registered pension plans, registered retirement savings plans and qualifying foundations, endowments and charities which are exempt from income tax in Canada and the United States in respect of dividend or interest income earned in the United States, seeking benchmark returns and exposure to a broad base of U.S. equities.
Fund Facts
US Equity |
Passive |
December 31, 1993 |
S&P 500 TRI (US$) |