TSX:XCG (iShares Canadian Growth Index ETF)
About XCG
The investment objective of the Fund is to provide long-term capital growth by replicating, to the extent possible, the performance of the Dow Jones Canada Select Growth Index , net of expenses. Under normal market conditions, the Fund will primarily invest in Canadian equity securities. The Index is comprised of securities of Canadian issuers selected by S&P Dow Jones Indices LLC based on criteria for identifying companies that demonstrate growth characteristics. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more iShares ETFs and/or through the use of derivatives, a replicating strategy or sampling strategy.