Overview
Description
The Scotia Canadian Large Cap Equity Index Fund is an equity mutual fund designed to track the performance of a broad index of large-cap Canadian stocks. Its primary purpose is to provide investors with exposure to the largest companies in Canada's stock market, thereby reflecting the economic activity and growth potential of major sectors such as financial services, energy, materials, and industrials. This fund allows investors to diversify their portfolios while aligning with the performance of Canada's leading corporations. By investing in this index fund, participants gain access to a variety of high-capitalization stocks typically recognized for their stability and influence within the national and global market. The fund plays a significant role for investors seeking a passive investment strategy with a focus on Canadian economic performance, capitalizing on market trends without the need for active management. Its presence connects investors to the health and direction of Canada's prominent industries, often serving as a foundational component for those wishing to achieve a long-term growth outlook within their investment portfolio.
About
Address
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Phone
1-800-268-8186
Website
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Instrument type
ETF
Country
Canada
MIC code
NEOE