The ETF seeks to replicate, to the extent possible and before fees and expenses, the performance of a broad equity market index that tracks the investment returns of publicly traded securities issued by large and mid capitalization companies in the developed markets outside North America
Net Assets
as of Sep 22
Units Outstanding
as of Sep 22
Oct 20
Inception
Why invest in Scotia International Equity Index Tracker ETF
- Low cost, passive exposure to large and mid cap companies in the developed markets outside North America
- Low turnover, transparent and liquid access to the international stock market
- Equity core holding in a diversified portfolio
Overview
Ticker
SITI
Inception
Oct 20, 2020
Asset Class
International Equity
Eligibility
RRSP/RRIF/RESP/TFSA/RDSP/DPSP
DRIP Eligibility
Number of Holdings
978
Distribution Frequency
Quarterly
Fiscal Year End
December 31
Risk Rating
Management Fee
0.15%
MER
0.22%
Exchange
NEO Exchange
Currency
CAD unhedged
CUSIP
80928J109
Benchmark Index
Solactive GBS Developed Markets ex North America Large & Mid Cap CAD Index (CA NTR)
Portfolio Management
Portfolio Manager
1832 Asset Management L.P.
Sub Advisor
SSGA Canada
Portfolio Analysis
as of Aug 31, 2023
Distribution Yield
5.37%
12 Month Trailing Yield
2.75%
as of Aug 31, 2023
Weighted Average Coupon
0.00%
Weighted Average Dividend Yield
3.31%
Performance as of Aug 31, 2023
Compound Returns (%) as of Aug 31, 2023
| 1 mo | 3 mo | 6 mo | 1 yr | 3 yrs | 5 yrs | 10 yrs | Inception |
|---|---|---|---|---|---|---|---|
| -1.21 | 3.27 | 4.20 | 21.12 | - | - | - | 13.57 |
Portfolio Breakdown as of Aug 31, 2023
Sector Allocation
as of Aug 31, 2023
Top Holdings (%)
| Nestle S.A. Shs Nom | 2.0 |
| Novo Nordisk A/S Almindelig Aktie | 1.9 |
| ASML Holding N.V. Aab Reverse Stock Split | 1.7 |
| LVMH Moet Hennessy Louis Vuitton S.E. Shs | 1.4 |
| Roche Holding AG Dividend Right Cert | 1.3 |
| Shell PLC Ord Sh | 1.3 |
| AstraZeneca PLC Shs | 1.3 |
| Novartis AG Namen -Akt | 1.3 |
| Toyota Motor Corp. Shs | 1.2 |
| BHP Group Ltd. Shs | 0.9 |
Historical Distributions1
Historical Periodical Distributions ($/unit)
| Distr.Period | Ex-Dividend Date | Record Date | Pay Date | Cash Distr. Per Unit |
Re-invested Distr. Per Unit |
Total Distr. Per Unit |
|---|---|---|---|---|---|---|
| Dec 2020 | Dec 30, 2020 | Dec 31, 2020 | Jan 08, 2021 | - | 2.51 | 2.51 |
| Jan 2021 | Jan 28, 2021 | Jan 29, 2021 | Feb 05, 2021 | - | 0.61 | 0.61 |
| Mar 2021 | Mar 30, 2021 | Mar 31, 2021 | Apr 08, 2021 | 0.04 | - | 0.04 |
| Jun 2021 | Jun 29, 2021 | Jun 30, 2021 | Jul 08, 2021 | 0.19 | - | 0.19 |
| Sep 2021 | Sep 29, 2021 | Sep 30, 2021 | Oct 07, 2021 | 0.08 | - | 0.08 |
| Dec 2021 | Dec 22, 2021 | Dec 31, 2021 | Jan 10, 2022 | 0.18 | 0.01 | 0.19 |
| Mar 2022 | Mar 25, 2022 | Mar 28, 2022 | Apr 04, 2022 | 0.04 | - | 0.04 |
| Jun 2022 | Jun 24, 2022 | Jun 27, 2022 | Jul 05, 2022 | 0.31 | - | 0.31 |
| Sep 2022 | Sep 26, 2022 | Sep 27, 2022 | Oct 04, 2022 | 0.14 | - | 0.14 |
| Dec 2022 | Dec 29, 2022 | Dec 30, 2022 | Jan 09, 2023 | 0.15 | - | 0.15 |
| Mar 2023 | Mar 27, 2023 | Mar 28, 2023 | Apr 04, 2023 | 0.05 | - | 0.05 |
| Jun 2023 | Jun 26, 2023 | Jun 27, 2023 | Jul 05, 2023 | 0.32 | - | 0.32 |
| Sep 2023 | Sep 25, 2023 | Sep 26, 2023 | Oct 03, 2023 | 0.13 | - | 0.13 |
| Year to date | 4.75 |
Historical Calendar Year Distributions ($/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 |
|---|---|---|---|---|---|---|---|---|
| 2020 | – | – | – | – | – | 2.51 | – | 2.51 |
| 2021 | – | – | 0.00 | 0.02 | – | 1.13 | -0.05 | 1.10 |
| 2022 | – | – | – | – | – | 0.71 | -0.07 | 0.64 |