The ETF seeks to replicate, to the extent possible and before fees and expenses, the performance of a diversified Canadian large cap equity market index that tracks the investment returns of publicly traded large cap equity securities in Canada.
$3.43MM
Net Assets
as of Jan 20
Net Assets
as of Jan 20
150,000
Units Outstanding
as of Jan 20
Units Outstanding
as of Jan 20
2020
Oct 20
Inception
Oct 20
Inception
0.03%
Management Fee
Why invest in Scotia Canadian Large Cap Equity Index Tracker ETF
- Low cost, passive exposure to the largest 60 Canadian companies
- Low turnover, transparent and liquid access to the Canadian stock market
- Equity core holding in a diversified portfolio
Overview
Ticker
SITC
Inception
Oct 20, 2020
Asset Class
Canadian Large Cap Equity
Eligibility
RRSP/RRIF/RESP/TFSA/RDSP/DPSP
DRIP Eligibility
Number of Holdings
56
Distribution Frequency
Quarterly
Fiscal Year End
December 31
Risk Rating
Management Fee
0.03%
MER1
–
Exchange
NEO Exchange
Currency
CAD
CUSIP
80925K109
Benchmark Index
Solactive Canada Large Cap Index (CA NTR)
Portfolio Management
Portfolio Manager
1832 Asset Management L.P.
Sub Advisor
SSGA Canada
Portfolio Analysis
Distribution Yield1
–
12 Month Trailing Yield1
–
Performance
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Portfolio Breakdown
Sector Allocation
as of Dec 31, 2020
Top Holdings (%)
| Shopify Inc. Cl A | 8.2 |
| Royal Bank of Canada Com | 7.8 |
| Toronto-Dominion Bank Com New | 6.8 |
| Canadian National Railway Company Com | 5.2 |
| Bank of Nova Scotia Com | 4.3 |
| Enbridge Inc. Com | 4.3 |
| Brookfield Asset Management Inc. Voting Shs Cl A | 3.3 |
| Bank of Montreal Com | 3.2 |
| Canadian Pacific Railway Ltd. Com | 3.1 |
| Barrick Gold Corporation Com | 2.7 |
Historical Distributions2
Historical Periodical Distributions ($/unit)
| Distr.Period | Ex-Dividend Date | Record Date | Pay Date | Cash Distr. Per Unit |
Re-invested Distr. Per Unit |
Total Distr. Per Unit |
|---|---|---|---|---|---|---|
| Jan 2021 | Dec 30, 2020 | Dec 31, 2020 | Jan 08, 2021 | 0.05 | 0.00 | 0.05 |
| Year to date | 0.05 |
Historical Calendar Year Distributions ($/unit)
| Distr.Period | Eligible Div. | Non-eligible Div. | Other Income | Capital Gains | Return of Capital | Foreign Income | Foreign Tax Paid | Total Distr. Per unit for Tax Purpose |
|---|