Key stats
About ISHARES S&P/TSX CANADIAN DIV ETF COMMON UNITS
Expense ratio
0.69%
Home page
Inception date
Sep 8, 2006
The fund provides a dividend play on the Canadian equity market. Starting with the companies listed on the Toronto Stock Exchange (TSX) that are part of the S&P Canada BMI, the fund selects at least 40 firms that have been consistently increasing dividends every year for at least five years. If fewer than 40 firms qualify for inclusion, the highest yielding companies with four years of eligible annual dividend growth patterns are selected. The fund may include large-, mid, and small-cap companies across various sector and industry groups. Selected securities are then weighted based on indicated annual dividend yield and are constrained such that no individual security exceeds 8% weight of the portfolio. The index rebalances annually.
Classification
What's in the fund
Exposure type
Finance
Industrial Services
Utilities
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.