Overview
Description
The Global X S&P/TSX Capped Index ETF is designed to track the performance of the S&P/TSX Capped Composite Index, which comprises the largest companies listed on the Toronto Stock Exchange. This Exchange-Traded Fund (ETF) allows investors to gain exposure to a broad spectrum of Canadian equities across various sectors including financials, energy, and materials, which dominate the Canadian market. With a cap on the weight of any single stock, the ETF ensures diversified investment and minimizes the concentration risk inherent in heavily weighted securities. The Global X S&P/TSX Capped Index ETF serves both retail and institutional investors seeking to mimic the Canadian equity market's performance, offering a cost-effective and convenient way to participate in the overall growth of Canada’s leading companies. By doing so, it plays a significant role in providing a structured investment vehicle aimed at long-term growth potential aligned with the broader Canadian economy.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Canada
MIC code
NEOE