52.62000 CAD
0.49
0.92%
Last update Dec 16, 3:59 PM EST
Market closed
Day range
52.58000
52.77000
Previous close
53.11000
Open
52.71000
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Global X S&P/TSX Composite Index ETF
52.62
0.49
0.92%

Overview

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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
Phone
416 933 5745
Website
Instrument type
ETF
Country
Canada
MIC code
XTSE
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