27.01.2009 - ETF's fortunes rest on commodities recovery
From Theglobeandmail.com: The exchange-traded fund, which trades like a stock but is put together like a mutual fund, mirrors the Dow Jones Canada select growth index. Its components are chosen with a six-point screen made up of projected price-to-earnings ratio, projected earnings growth, price-to-book ratio, dividend yield, trailing price-earnings ratio and trailing earnings growth. The index is then weighted by float-adjusted market capitalization, to a maximum of 10 per cent for a single security..... Full Article: Source
Print