It’s no surprise that Canadian investors find comfort in Canadian equities. In fact, in a recent study done by Toronto-based Environics Research, the average respondent asked replied that 64%1 of their family’s equity portfolio was allocated to Canada.
With thousands of Canadian equity products to choose from, where should you start? It’s simple – XIU. Why? That’s easy.
|XIU has ...|
|A history||XIU is the world’s first ETF with a history spanning 232 years and is currently the largest ETF in Canada. Before other providers knew what an ETF was, iShares was running one. Simply put, XIU is the grandfather of ETFs.|
|Delivered results||Competition? XIU is the only ETF tracking the S&P/TSX 60 Index that has more than 103 years track record. In fact, over 10 years, XIU has first quartile performance and has outperformed 84%4 of all Canadian equity funds.|
|Global Reach||Over $75 billion in XIU assets are held by institutional clients, at home and around the world, looking for an efficient, cost-effective way to access the Canadian market. When it comes to Canada, XIU is their first stop.|
|Unmatched liquidity||XIU is the largest and most liquid ETF in Canada. The liquidity ecosystem that surrounds XIU allows it to trade $197M+6 a day. That’s almost 100 times the daily volume of its closest competitors.|
Since the launch of XIU in 1990, it has grown to be the largest ETF in Canada with almost $12 billion in assets, and has provided individual and institutional investors alike a way to access 60 of Canada’s largest blue chip companies – in a single trade.
1 Environics Research Report “affluent Canadian investors” February 2011
2 BlackRock Asset Management Canada Limited (formerly TIPS 35 launched on the Toronto Stock Exchange in March 1990)
3 Morningstar Direct as of January 31, 2013
4 BlackRock Asset Management Canada Limited (Net of fees based on a universe of 330 mutual funds with prospectus listed benchmark of S&P/TSX Composite or S&P/TSX 60, excluding REIT and RESOURCE funds)
5 BlackRock Asset Management Canada Limited
6 Bloomberg as of January 31, 2013
7 BlackRock Asset Management Canada Limited
8 Morningstar Direct as of January 31, 2013