Key stats
About CIBC CDN EQUITY INDEX ETF COM UNIT
Expense ratio
0.05%
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Inception date
Mar 31, 2021
The fund delivers excellent marketlike coverage in a transparent, liquid, and low cost wrapper. It seeks to track the performance of the Morningstar Canada Domestic Index which focuses on issuers of all sizes that are economically-tied to the 97% of the Canadian market. To be eligible for the index, securities must meet certain liquidity screens including size and trading requirements. Constituents are then market-cap-weighted and rebalanced semi-annually. The fund is designed for investors with medium risk appetite who are seeking exposure to a diversified portfolio delivering efficient exposure to the potential of Canadian firms.
Classification
What's in the fund
Exposure type
Finance
Energy Minerals
Stock breakdown by region