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0P00016N6E

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1d
1w
1m

Analysis and statistics

  • Open
    21.8186$
  • Previous Close
    21.8186$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

0P00016N6E.TO is the ISIN code for the Horizons Equal Weight Technology ETF, traded on the Toronto Stock Exchange (TSX). This ETF aims to replicate the performance of the Solactive Equal Weight Canada Technology Index, providing investors with exposure to Canadian technology companies while ensuring that each company holds a relatively equal weight in the portfolio. The ETF offers diversification within the Canadian technology sector, mitigating the risk associated with being heavily concentrated in a few dominant companies.
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Factors

Fund Performance: Past and present performance greatly influences investor demand and, therefore, price.

Market Conditions: Overall market trends (bull or bear) impact investor sentiment and fund valuations.

Economic Indicators: Inflation, interest rates, and GDP growth affect the underlying assets and investor confidence.

Expense Ratio: Higher fees can reduce returns, making the fund less attractive to potential investors.

Fund Size/Liquidity: Smaller funds might be more volatile and have wider bid-ask spreads, impacting price.

Investor Sentiment: Positive or negative news can drive buying or selling pressure, impacting price.

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