To provide long-term growth through capital appreciation. The Fund is managed to obtain a return that approximates the performance of the S&P 500 Index calculated on a total return basis. The S&P 500 Index is a capitalization-weighted index of 500 stocks, designed to measure performance of the broad U.S. economy representing all major industries.
The Fund may be suitable for:
The core U.S. equity component of a diversified retirement (RRSP, RRIF) portfolio
Investors who want exposure to the U.S. and returns similar to those of the S&P 500 Index
Those investing for the medium to long term
What are the risks of investing in the Fund?
Currency risk, derivative risk, equity risk, foreign market risk, general market risk, index risk, legal and regulatory risk, securities lending, repurchase and reverse repurchase agreements risk, short-selling risk and significant holdings risk
Refer to the Simplified Prospectus for more details
* Volatility (low to high): The lower the volatility ranking, the lower the risk of the fund. Funds with a volatility ranking of high are the most risky.
** Other dealers may have different minimum dollar requirements.