ETF Canada

It goes without saying that Canada is not a particularly emerging economy so do not expect growth rates that are sky high. But it is a stable economy and the chance of negative surprises is reasonably small.

Canada is very depended on its southern neighbor the United States which has an impact on the whole economy. You will see similar growth paths for Canada and The United States.

If all goes well in the south, all goes well up north. My advice in trading this Canada ETF would be to closely follow the Canadian and American economy.

HSBC MSCI Canada UCITS ETF

This HSBC ETF is tracking the Canadian MSCI index. Within the Canadian MSCI index financial stocks have a large share of 35%. The energy sector also has a large impact with 20% weighing.

The basic material sector is also overweighed, compared to other regional indices, with a 10% share, but it reflects the importance of basic materials for Canada.

Industry also has a 10% share and another 10% is taken up by health care and real estate. It is a physical ETF so HSBC is obliged to buy the underlying stocks. Half yearly dividends will be paid out. 

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