Overview
Description
The iShares S&P/TSX Capped Information Technology Index ETF is an exchange-traded fund that focuses on providing investment results that closely align with the performance of the S&P/TSX Capped Information Technology Index. Its primary function is to offer investors targeted exposure to Canadian technology companies, which are a critical component of the modern economy, driving innovation and growth in various sectors. This ETF is particularly notable for its focus on companies engaged in software development, hardware manufacturing, and IT services, among other tech-driven fields. By adhering to a capped index strategy, it ensures that no single company has an outsized influence on the fund's performance, providing a balanced representation of the sector's full spectrum. The iShares S&P/TSX Capped Information Technology Index ETF plays a significant role in the financial markets by enabling investors to gain diversified exposure to the rapidly evolving technology sector in Canada, supporting investment portfolios focused on innovation and future growth prospects.
About
Address
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Phone
1-800-474-2737
Website
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Instrument type
ETF
Country
Canada
MIC code
XTSE