Scotia CanAm Index Fund

Right for you if:

  • You hold your units in a registered plan and want growth potential of U.S. equity securities while tracking the performance of a major market index

  • You're investing for at least five years and can accept medium to high risk

  • Investment Objectives

    To achieve long-term capital growth by tracking the performance of a generally recognized U.S. equity index. The fund currently tracks the Standard & Poor's 500 (S&P 500) Index. It invests primarily in futures contracts that are linked to the performance of the index and in cash, Government of Canada treasury bills and other short-term debt instruments guaranteed by the Government of Canada.

    Performance

    Rates of return

    Distributions

    Date established 1993-07-09T00:00:00.000-04:00
    Series Availability*

    Series A, Series F

    *Effective July 24, 2015, the funds/series has been closed to any new purchases, including any switches or reclassifications.

    Fund Category U.S. Equity
    Benchmark Index S&P 500 Composite Index (TR – C$)
    Distribution Frequency Annually
    Portfolio Advisor State Street Global Advisors
    Eligible for Registered Plans? Yes
    Management Expense Ratio For details on the fund's fees, please refer to either the Fund Profile or the Fund Facts.
    Minimum Initial Investment N/A
    Minimum Subsequent Investment N/A
    Fund Code BNS351

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