Canada Equity

Canada equity mutual funds and ETFs own securities listed on the two... Canada equity mutual funds and ETFs own securities listed on the two main stock exchanges, which are the Toronto Stock Exchange (TSX) and the TSX Venture. The most well-known benchmarks are the S&P TSX 60 and S&P TSX 300. These are market-cap weighted indexes. Canadian exchanges have large weightings in financial services, energy, and metals and mining. Some of the biggest companies on the market include Royal Bank of Canada, Shopify, and Barrick Gold. Canada equity mutual funds and ETFs may be passively or actively managed. They may also leave currency exposure unhedged, or choose to protect the portfolio from swings in the value of the Canadian dollar. The Canadian economy, the world’s 8th largest by nominal Gross Domestic Product as of 2022, is characterized by a heavy reliance on consumption, trade with the United States, and the production of natural resources. Investment as a share of GDP was 28.9% as of 2022, well above its long-run average of approximately 22% going back to 1961. Motor vehicles, industrial machinery, and commodities are key exports. As a developed market economy, Canada Equity mutual funds and ETFs are often purchased by conservative-minded investors. Last Updated: 11/27/2024 View more View less

Canada equity mutual funds and ETFs own securities listed on the two main stock exchanges, which are the Toronto Stock Exchange (TSX) and the TSX Venture. The most well-known benchmarks are the S&P... Canada equity mutual funds and ETFs own securities listed on the two main stock exchanges, which are the Toronto Stock Exchange (TSX) and the TSX Venture. The most well-known benchmarks are the S&P TSX 60 and S&P TSX 300. These are market-cap weighted indexes. Canadian exchanges have large weightings in financial services, energy, and metals and mining. Some of the biggest companies on the market include Royal Bank of Canada, Shopify, and Barrick Gold. Canada equity mutual funds and ETFs may be passively or actively managed. They may also leave currency exposure unhedged, or choose to protect the portfolio from swings in the value of the Canadian dollar. The Canadian economy, the world’s 8th largest by nominal Gross Domestic Product as of 2022, is characterized by a heavy reliance on consumption, trade with the United States, and the production of natural resources. Investment as a share of GDP was 28.9% as of 2022, well above its long-run average of approximately 22% going back to 1961. Motor vehicles, industrial machinery, and commodities are key exports. As a developed market economy, Canada Equity mutual funds and ETFs are often purchased by conservative-minded investors. Last Updated: 11/27/2024 View more View less