iShares S&P/TSX Capped Consumer Staples Index ETF

The iShares S&P/TSX Capped Consumer Staples Index ETF is a type of exchange-traded fund that focuses on Canadian companies in the consumer staples sector. Its primary purpose is to track the performance of the S&P/TSX Capped Consumer Staples Index, providing investors with exposure to essential goods and services industries such as food, beverage, and household products. The fund invests in a diversified portfolio of companies that manufacture or distribute products deemed necessary for everyday use, regardless of economic conditions. This ETF plays a significant role in offering investors a targeted approach to capturing stable and often non-cyclical market sectors within the broader Canadian market. As part of the iShares family of ETFs, it benefits from their established expertise in index-tracking and provides a cost-effective way to achieve diversification in the consumer staples sector in Canada.