HSBC MSCI Canada

ETF description

The HSBC MSCI Canada ETF is designed to track the performance of large and medium‑sized companies in Canada. By investing in this ETF, investors gain exposure to a diverse selection of Canadian companies across various industries. This can include businesses involved in natural resources, finance, and other sectors that are significant to the Canadian economy. The ETF follows an index that selects companies based on certain criteria to represent the broader market of Canadian equities.

This ETF may appeal to investors who are interested in focusing on Canadian markets and believe in the potential for growth in Canadian industries.

Issuer details

HSBC Global Asset Management is a leading asset management firm and subsidiary of HSBC Holdings plc. With over $500 billion in assets under management as of June 2024, HSBC offers many investment products, including ETFs and covers various market segments. Established in 1973, HSBC Global Asset Management has a global presence with a particular focus on emerging markets, leveraging its expertise in these regions. Notable ETFs include the HSBC MSCI Emerging Markets UCITS ETF and the HSBC S&P 500 UCITS ETF, reflecting HSBC’s focus on providing exposure to global markets and diversified investment options.

Index details

The MSCI Canada index is a comprehensive stock market index that provides investors with exposure to large and mid‑cap companies across developed markets in Canada. With its broad coverage of industries and sectors, the index offers a diversified view of the Canadian equity market.