The fund seeks to track the performance of the FTSE Canada High Dividend Yield Index which focuses on issuers of any cap that are economically-tied to the Canadian market. Eligible securities are derived from the FTSE Global Equity Index Series and are ranked based on their annual forecasted dividend yields. Components are chosen based on yield until their combined market-cap totals 50% of the overall index universe capitalization. The fund is also market-cap-weighted and holds the constituents securities in the same ratio as they are seen in the index. It is designed for investors seeking long-term capital growth and regular monthly income from a diversified portfolio delivering efficient exposure to the potential of Canadian firms. Additionally, the index is reviewed annually and rebalanced quarterly.
