The ETF seeks to replicate, to the extent possible and before fees and expenses, the performance of a broad U.S. equity market index that tracks the investment returns of publicly traded large capitalization U.S. stocks.
$338.05MM
Net Assets
as of Sep 20
Net Assets
as of Sep 20
13,100,000
Units Outstanding
as of Sep 20
Units Outstanding
as of Sep 20
2020
Oct 20
Inception
Oct 20
Inception
0.05%
Management Fee
Why invest in Scotia US Equity Index Tracker ETF
- Low cost, passive exposure to the largest 500 companies in the U.S.
- Low turnover, transparent and liquid access to the U.S. stock market
- Equity core holding in a diversified portfolio
Overview
Ticker
SITU
Inception
Oct 20, 2020
Asset Class
U.S. Equity
Eligibility
RRSP/RRIF/RESP/TFSA/RDSP/DPSP
DRIP Eligibility
Number of Holdings
508
Distribution Frequency
Quarterly
Fiscal Year End
December 31
Risk Rating
Management Fee
0.05%
MER1
–
Exchange
NEO Exchange
Currency
CAD unhedged
CUSIP
80929R100
Benchmark Index
Solactive GBS United States 500 CAD Index (CA NTR)
Portfolio Management
Portfolio Manager
1832 Asset Management L.P.
Sub Advisor
SSGA Canada
Portfolio Analysis
Distribution Yield1
–
12 Month Trailing Yield1
–
Performance
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Portfolio Breakdown
Sector Allocation
as of Jun 30, 2021
Top Holdings (%)
| Apple Inc. Com | 6.1 |
| Microsoft Corp. Com | 5.4 |
| Amazon.com Inc. Com | 3.9 |
| Facebook, Inc. Cl A | 2.2 |
| Alphabet Inc. Cl A | 1.9 |
| Alphabet Inc. Cap Stk Cl C | 1.9 |
| Tesla, Inc. Com | 1.4 |
| NVIDIA Corp. Com | 1.3 |
| JPMorgan Chase & Co. Com | 1.2 |
| Johnson & Johnson Com | 1.2 |
Historical Distributions2
Historical Periodical Distributions ($/unit)
| Distr.Period | Ex-Dividend Date | Record Date | Pay Date | Cash Distr. Per Unit |
Re-invested Distr. Per Unit |
Total Distr. Per Unit |
|---|---|---|---|---|---|---|
| Dec 2020 | Dec 30, 2020 | Dec 31, 2020 | Jan 08, 2021 | 0.02 | 0.80 | 0.83 |
| Mar 2021 | Mar 30, 2021 | Mar 31, 2021 | Apr 08, 2021 | 0.02 | - | 0.02 |
| Jun 2021 | Jun 29, 2021 | Jun 30, 2021 | Jul 08, 2021 | 0.06 | - | 0.06 |
| Year to date | 0.90 |
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 | – | – | – | – | – | 0.83 | – | 0.83 |