S&P/TSX Canadian Dividend Aristocrats Index

Posted by on Apr 3, 2012 in Mutual Fund Updates | 0 comments

Fund Company BlackRock Asset Management
Fund Type Canadian Dividend & Income Equity
Rating $$$$
Style Index
Risk Level Medium
Load Status N/A
RRSP/RRIF Suitability Good
TFSA Suitability Good
Manager N/A
MER 0.67%
Code TSX: CDZ
Minimum Investment N/A

Analysis: This ETF is designed to replicate the performance of the S&P/TSX Canadian Dividend Aristocrats Index. The index is designed to capture sustainable dividend income and capital appreciation potential, screening for companies that have followed a policy of consistently increasing dividends for a number of years. The focus is on large cap, blue chip companies from a broad spectrum of industries and is well diversified across all sectors. There are currently 40 stocks in the index and the yield is approximately 2.6%. The management fee is 0.60%, which results in an MER of 0.67%.               

 

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