Key stats
About GLOBAL X CANADIAN UTILITY SERVICES UNIT CL A
Expense ratio
0.69%
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Inception date
Aug 9, 2022
The fund is passively managed to provide exposure to a broadly defined Canadian utilities sector. The index includes TSX-listed companies classified under three categories: Utilities, Pipelines, and Telecommunications. Eligible stocks must meet minimum liquidity and market-cap requirements and should have at least a 3% 12-month forward dividend yield. Stocks are ranked within each category by market capitalization. The highest-ranking securities are selected for inclusion to form a concentrated portfolio of 12 stocks, with half taken from the Utilities category. The resulting portfolio is equally weighted and rebalances on a semi-annual basis.
Classification
What's in the fund
Exposure type
Utilities
Industrial Services
Communications
Stock breakdown by region