Key stats
About CIBC US EQUITY INDEX ETF COM UNIT
Expense ratio
0.06%
Home page
Inception date
Mar 31, 2021
ISIN
CA12546X1033
The fund is passively managed to provide vanilla exposure to the broad US equity space. The index seeks to capture large- and mid-cap stocks representing the top 85% of the US market by float-adjusted market capitalization. Eligible securities must meet minimum market capitalization and liquidity requirements. Stocks are selected if they are among the top 75% of traded value score, which is a measure of trading volume and turnover. The resulting portfolio is weighted according to free-float market capitalization. The index reconstitutes semi-annually and rebalances quarterly.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stock breakdown by region