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About TD CDN BK DIVID INDEX ETF CAD UNITS
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Inception date
Apr 20, 2023
Structure
Canadian Mutual Fund Trust (ON)
Primary advisor
TD Asset Management, Inc.
The fund is passively managed to provide exposure to the largest banks in Canada. To be considered, securities should either be major or regional banks, as classified by FactSet RBICS. The top six securities with the highest free-float market capitalization are selected. Using a rules-based methodology, banks are ranked and weighted based on dividend growth over the previous 12-month period. Hence, more weight is allocated to securities with higher dividend growth. The index is rebalanced on a quarterly basis.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.