Barclays Global Investors Canada Ltd. has filed a preliminary prospectus with the provincial and territorial securities regulators for the four exchange traded funds.
The four new ETFs are: iUnits Materials Sector Index Fund (XMA); iUnits Income Trust Sector Index Fund (XTR); iUnits Dividend Index Fund (XDV); and iUnits Real Return Bond Index Fund (XRB).
The new funds will not be available to investors until the regulators issue a receipt for the prospectus. Barclays Canada expects all funds to be available on the Toronto Stock Exchange on or after December 19.
Providing investors with exposure to the Canadian materials sector, XMA will replicate the performance of the S&P/TSX capped materials index.
XTR is designed to provide investors with exposure to the Canadian income trusts sector by replicating the performance of the S&P/TSX income trust index.
XMA and XTR will join Barclays Canada’s other sector iUnits funds, including energy (XEG), financials (XFN), gold (XGD), technology (XIT) and REITS (XRE).
Designed to provide investors with exposure to higher yielding, dividend paying Canadian stocks, XDV will replicate, the performance of the Dow Jones Canada select dividend index. XDV will focus on investing in stocks with higher yields, proven dividend growth and dividend sustainability and higher liquidity.
To provide fixed income investors with an inflation-protected investment, XRB is designed to replicate the performance of the Scotia Real Return Bond Index.
“We;re excited about these four new funds which we are launching in response to investor demands for more targeted sector exposure to the ‘rocks and trees’ materials sector, for bond funds with inflation protection and for more yield-focused Canadian equity funds,” said Rajiv Silgardo, CEO of Barclays Canada, in a release.