iShares S&P/TSX Capped Information Technology Index ETF

The iShares S&P/TSX Capped Information Technology Index ETF is a type of exchange-traded fund (ETF) designed to track the performance of the technology sector within the Canadian market. This ETF aims to replicate the performance of the S&P/TSX Capped Information Technology Index, which includes a diversified selection of Canadian information technology companies. Its primary purpose is to provide investors with exposure to the growth-oriented technology sector of Canada's economy, encompassing industries such as software, hardware, and IT services. This ETF is significant in the financial market as it offers a focused investment vehicle that facilitates participation in the performance of Canadian tech firms. It caters to investors seeking to benefit from the innovation and dynamism associated with the technology sector, all while maintaining a capped structure to manage concentration risk and ensure diversification among its holdings.