When was the S&P/TSX 60 Index launched?

The S&P/TSX 60 Index was launched on December 30, 1998. The weighting of the Global Industry Classification Standard (GICS) as of October 12, 2022 are: The iShares S&P/TSX 60 Index Fund ( TSX : XIU) and the Horizons S&P/TSX 60 Index ETF ( TSX : HXT) are Canadian exchange-traded index funds that are tied to the S&P/TSX 60.

What does TSX 60 stand for?

It is maintained by the Canadian S&P Index Committee and is also known as the S&P/TSX 60. The TSX-60 index represents some of Canada's biggest companies, as well as being the Canadian component of the S&P Global 1200 Index.

What is iShares S&P/TSX 60 Index ETF?

iShares S&P/TSX 60 Index ETF Seeks long-term capital growth by replicating the performance of the S&P/TSX 60 Index, net of expenses. WHY XIU? These results in the above Growth of 10,000 chart are hypothetical and are intended for illustrative purposes only. See page 2 for important disclosures and more information about hypothetical results.

Why is the tsx-60 industry spread important?

This industry spread is beneficial to investors and investment managers as it gives them access to the large capitalisation sector of the Canadian equity market. When the TSX-60 index and the S&P/TSX Completion Index combine, they form a benchmark Canadian index known as the S&P/TSX Composite Index.