Overview
Description
Global X S&P/TSX Composite Index ETF is an exchange-traded fund designed to track the performance of the S&P/TSX Composite Index. Its primary function is to provide investors with diversified exposure to the Canadian equity market. The ETF encompasses a broad range of companies across various sectors such as financials, energy, materials, and consumer staples, reflecting the composition of the index it follows. This makes it a comprehensive investment vehicle that captures the general performance of the Canadian economy.
By replicating the S&P/TSX Composite Index, this ETF allows investors to access a portfolio that includes some of Canada's largest and most widely traded companies. The fund is significant in the market as it serves as a barometer for Canadian market conditions, appealing to those who seek exposure to Canada amidst a globally diversified portfolio. Moreover, Global X S&P/TSX Composite Index ETF offers convenient and cost-effective management through its passive investment strategy, aligning with investors' needs for efficiency and transparency in their investment choices.
About
Address
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Phone
416 933 5745
Website
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Instrument type
ETF
Country
Canada
MIC code
XTSE