Ways ETFs determine their stock weightings

Most of the large and popular exchange-traded funds are passively managed index-tracking funds. Passive fund management for ETFs involves investing to mirror the holdings and performance of a specific stock-market index. The indexes that form the basis of these ETFs are provided by major index… Read More

Q: Pat, can I get your recommendation on the iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV)? I am looking at it for its dividend income. Thanks.

A: iShares Core MSCI Canadian Quality Dividend Index ETF, $24.80, symbol XDIV on Toronto (Units outstanding: 31.5 million; Market cap: $781.2 million; www.blackrock.com/ca), tracks the MSCI Canada High Dividend Yield 10% Security Capped Index.

This index aims to invest in Canadian stocks with above-average dividend yields… Read More