Related: J.P. Morgan Steps Out with a Plain Vanilla REITs ETF
The JPMorgan BetaBuilders Canada ETF will try to reflect the performance of the Morningstar Canada Target Market Exposure Index, which consists of large- and mid-capitalization companies traded on the Toronto Stock Exchange, according to the fund’s prospectus.
Top holdings include Royal Bank of Canada 7.7%, Toronoto-Dominion 7.5%, Bank of Nova Scotia 4.9%, Suncor Energy 4.7% and Canadian National 4.5%.
Sector weights include Consumer Discretionary 5.1%, Consumer Staples 3.6% Energy 21.0%, Financials 39.7%, Health Care 0.5%, Industrials 10.6%, Information Technology 4.1%, Materials 9.9%, Real Estate 0.4%, Telecommunication Services 2.6% and Utilities 2.5%.
For more information on new fund products, visit our new ETFs category.