The ETF replicates the performance of the Solactive Equal Weight Canada Utilities Index net of expenses. It holds the stocks in the same proportion as they are reflected in the index. The fund is 2.6% higher year-to-date, matching the TSX, and 20% in the past 52 weeks.
Income Investor
The portfolio consists of 15 stocks. The largest holdings are Innergex Renewable (9.7%), which is being sold to Quebec’s Caisse de Depot, Emera (7.8%), TransAlta Corp. (7.8%), Alta Gas (7.5%), and Fortis (7.23%). The ETF has $533 million in assets and a management fee of 0.61%. Almost half of the holdings are also on the recommended list of The Income Investor. This ETF is suitable for investors who prefer to spread their risk over the utility sector rather than one company. - Adam Mayers
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Interactive Performance Chart
ZUT was first recommended here on January 29, 2016