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ZTL

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Analysis and statistics

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About

ZTL.NEO is the ticker symbol for the Horizons Equal Weight Canada REIT Index ETF, which is listed on the NEO Exchange. This ETF aims to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada REIT Index, net of expenses. The fund invests primarily in equity securities of Canadian real estate investment trusts (REITs), holding them in approximately equal weight. It provides investors with diversified exposure to the Canadian REIT market through a single investment, offering a convenient way to participate in the potential growth and income generation of this sector.
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Factors

Interest Rate Changes: Changes in interest rates affect bond yields, influencing the price of underlying bonds in the ETF. Higher rates typically lower bond prices.

Credit Quality of Holdings: Downgrades or concerns about the creditworthiness of the bonds held within the ETF can decrease its value.

Supply and Demand: Market demand for the ZTL.NEO ETF itself can affect its price, diverging slightly from its net asset value.

Inflation Expectations: Rising inflation erodes the value of fixed-income securities, potentially causing the ETF's price to decline.

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