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MCLC

TSX
45.18000 CAD
0.2
0.44%
Last update Jun 16, 11:30 AM EDT
Main market
Day range
45.18000
45.19000
Previous close
44.98000
Open
45.19000
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ML Multifac Canadian Large Cap Index ETF
45.18
0.20
0.44%

Overview

Description

The ML Multifac Canadian Large Cap Index ETF is an exchange-traded fund designed to track the performance of Canadian large-cap companies. Its primary function is to provide investors with a diversified exposure to large-cap equities within the Canadian market, utilizing a multi-factor investment strategy. This approach incorporates various fundamentally-driven factors such as value, quality, momentum, and low volatility to determine the selection and weighting of the equities within the index. Serving as a vital tool for investors seeking to capitalize on the growth potential of Canada's most sizable and established companies, the ETF spans multiple sectors, including finance, energy, mining, and technology. By focusing on large-cap companies, typically characterized by more stable financial performance and greater resource availability, this ETF offers a mix of growth opportunities alongside a degree of risk mitigation. The ML Multifac Canadian Large Cap Index ETF plays a significant role in the financial market by offering institutional and individual investors a vehicle to gain access to a broad representation of the Canadian economy. Furthermore, the use of multiple investment factors aims to enhance returns while managing risks, making it a notable option for those interested in Canadian equities.

About

Address
Phone
416 581 8350
Website
Instrument type
ETF
Country
Canada
MIC code
XTSE
Main market

Exchange is currently active.
Closing in 6 hours 6 minutes

09:53
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/Toronto timezone (EDT, UTC-04:00).