Key stats
About ISHARES S&P/TSX NORTH AMERICAN ETF PREFERRED STOCK INDEX ETF HGD CAD
Expense ratio
0.52%
Home page
Inception date
Nov 16, 2010
The fund-of-funds is passively managed to provide exposure to preferred shares of any maturity or credit rating from Canada and the United States. The index uses a modified market-cap weighting, following a rules-based methodology. The index is rebalanced quarterly during which 50% of the weighting is allocated each for Canada and the US. If it is not possible or practical to hold all of the constituent securities, the fund may utilize a representative sampling approach in which securities are chosen to provide the same investment characteristics of the index.
Classification
What's in the fund
Exposure type
Finance
Miscellaneous
Stocks66.73%
Finance49.24%
Industrial Services6.33%
Utilities4.22%
Communications2.94%
Commercial Services0.92%
Process Industries0.75%
Retail Trade0.71%
Energy Minerals0.66%
Miscellaneous0.28%
Consumer Services0.20%
Distribution Services0.18%
Producer Manufacturing0.16%
Transportation0.10%
Electronic Technology0.03%
Bonds, Cash & Other33.27%
Miscellaneous32.90%
Cash0.36%