What does XIC mean in TORONTO STOCK EXCHANGE
iShares S&P/TSX Capped Composite Index Fund is a Canadian exchange-traded fund. It invests in the constituents of the S&P/TSX Capped Composite Index, which represents roughly 70% of the total market capitalization on the Toronto Stock Exchange (TSX) and is an index used to measure the performance of Canada's equities markets.
XIC meaning in Toronto Stock Exchange in Business
XIC mostly used in an acronym Toronto Stock Exchange in Category Business that means iShares S&P/TSX Capped Composite Index Fund
Shorthand: XIC,
Full Form: iShares S&P/TSX Capped Composite Index Fund
For more information of "iShares S&P/TSX Capped Composite Index Fund", see the section below.
Essential Questions and Answers on iShares S&P/TSX Capped Composite Index Fund in "BUSINESS»TSX"
What is iShares S&P/TSX Capped Composite Index Fund?
iShares S&P/TSX Capped Composite Index Fund is a Canadian exchange-traded fund that invests in the constituents of the S&P/TSX Capped Composite Index.
What does the S&P/TSX Capped Composite Index represent?
The S&P/TSX Capped Composite Index represents roughly 70% of the total market capitalization on the Toronto Stock Exchange (TSX) and is an index used to measure the performance of Canada's equities markets.
How can I invest in iShares S&P/TSX Capped Composite Index Fund?
Investing in iShares S&P/TSX Capped Composite Index Fund can be done through a stockbroker or financial advisor.
What are some advantages of investing in iShares S&P/TSX Capped Composite Index Fund?
Some advantages of investing in this fund include exposure to large and mid-cap stocks, low management fees, and tax efficiency due to its passive structure.
Are there any risks associated with investing in iShares S&P/TSX Capped Composite Index Fund?
Yes, like all investments, there are risks associated with investing in this fund including market risk, liquidity risk, and currency risk.
Final Words:
Investing in iShares S&P/TSX Capped Composite Index Fund provides investors with access to many different stocks from a variety of industries as well as lower fees than actively managed funds. However, it is important to consider all potential risks before making any investment decision.