This suite additionally consists of the World X Equal Weight Canadian Banks Index ETF (HBNK), which focuses on Canada’s ‘Large Six’ banks and has gathered practically $1bn in property since its launch on July 5, 2023.
Better of Canada ETF Suite
The Better of Canada ETFs focus on sector leaders with fewer than ten constituents per fund, guaranteeing deal with probably the most liquid securities in every sector.
“We have seen Canadians make investments billions in concentrated, equal-weight financial institution ETFs,” said Rohit Mehta, president, and CEO of World X, including that the suite was developed to offer entry to core Canadian industries and distinguished corporations inside them.
Desk: Better of Canada ETFs
|
Title
|
Ticker
|
Index Publicity
|
Change
|
Administration Price
|
|---|---|---|---|---|
|
World X Equal Weight Canadian Telecommunications Index ETF
|
RING
|
Mirae Asset Equal Weight Canadian Telecommunications Index
|
TSX
|
0.25 p.c
|
|
World X Equal Weight Canadian Groceries & Staples Index ETF
|
MART
|
Mirae Asset Equal Weight Canadian Groceries & Staples Index
|
TSX
|
0.25 p.c
|
|
World X Equal Weight Canadian Insurance coverage Index ETF
|
SAFE
|
Mirae Asset Equal Weight Canadian Insurance coverage Index
|
TSX
|
0.25 p.c
|
Premium Yield ETF Suite
Two new ETFs be a part of the Premium Yield suite, geared toward offering greater month-to-month earnings via energetic choices administration overlay. The suite now consists of methods masking brief, medium, and long-duration authorities bonds, combining Canadian and US Treasury securities.