52.99000 CAD
0.57
1.09%
Last update Dec 15, 9:36 AM EST
Market closed
Day range
52.99000
52.99000
Previous close
52.42000
Open
52.99000
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ML Multifactor CDN Large Cap Index ETF
52.99
0.57
1.09%

Overview

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Description

The ML Multifactor CDN Large Cap Index ETF is an exchange-traded fund designed to replicate the performance of the ML Multifactor Canada Large Cap Index. The primary function of this ETF is to provide investors with exposure to a diversified portfolio of Canadian large-cap stocks, using a multifactor approach to enhance returns while managing risk. By incorporating multiple factors, such as momentum, value, and quality, this ETF aims to identify and invest in companies that exhibit favorable attributes across different aspects of market performance. Primarily impacting sectors like financials, energy, and materials—key components of the Canadian economy—the ML Multifactor CDN Large Cap Index ETF is significant for investors seeking a comprehensive investment vehicle to capture broad economic trends in Canada. Its systematic methodology offers exposure to a diverse array of industries while maintaining a focus on large-cap Canadian equities.

About

Address
Phone
416 581 8350
Website
Instrument type
ETF
Country
Canada
MIC code
NEOE
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