Investment objective

To provide long-term capital growth, while minimizing the exposure to currency fluctuations between the U.S. and Canadian dollar, by tracking the performance of its benchmark. The fund invests primarily in units of the iShares Core S&P 500 Index ETF. The fund will use derivatives, such as options, futures and forward contracts to hedge against the currency fluctuations between the U.S. and Canadian dollars.

  • Fund Category U.S. Equity Funds
  • Inception Date Jul 04, 2016
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Fund details

Series

Currency

Fund code

MER * (%)
F CAD 35102 0.16%

Portfolio analysis As of Apr 30, 2026

100% 0 %
Equity Fixed Income

Asset mix

Equity Sector Allocation

Information Technology35.0%
Financials12.0%
Communication Services11.0%
Consumer Discretionary10.0%
Industrials8.8%
Health Care8.5%
Consumer Staples4.9%
Energy3.5%
Utilities2.3%
Materials1.9%
Real Estate1.9%

Top 10 Holdings

% Assets
iShares Core S&P 500 ETF 99.9%
CAD CASH 0.1%
Total % of Top 10 Holdings 100.0%

Geographic allocation

Region

Performance analysis

Growth of $10,000 since inception

Calendar returns

Trailing return

Empty column 1 Mth 3 Mth 6 Mth 1 year 3 years 5 years 10 years Since Inception Empty column
5.2 10.1 10.2 27.0 21.2 12.4 - 13.8 Fund

Distribution ($)/unit

Empty column YTD* 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Total distributions 0.00 0.28 0.20 0.23 0.18 0.16 0.19 0.28 0.22 1.28 1.20
Interest --- 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.00 1.25 1.20
Canadian dividends --- --- --- --- --- --- --- --- --- --- ---
Foreign dividends --- 0.27 0.19 0.22 0.17 0.15 0.18 0.28 0.22 0.03 ---
Foreign taxes paid --- --- --- --- --- --- --- --- --- --- ---
Capital gains --- --- --- --- --- --- --- --- --- --- ---
Return of capital --- --- --- --- --- --- --- --- --- --- ---

* MER (%) is based on actual expenses for the preceding calendar year or most recent half-year period ended June 30 expressed on an annualized basis, depending on availability of date at the time of publication.