Topic: How To Invest

ISHARES MSCI CANADA INDEX FUND $27.18 – New York symbol EWC

ISHARES MSCI CANADA INDEX FUND $27.18 (New York symbol EWC; buy or sell through brokers; ca.ishares.com) holds the stocks in the Morgan Stanley Capital International Canada Index. The fund has a 0.49% MER.

The index’s top holdings are Royal Bank, 7.0%; TD Bank, 8.3%; Valeant Pharmaceuticals, 5.2%; Bank of Nova Scotia, 4.9%; CN Railway, 4.4%; Suncor Energy, 3.3%; Enbridge, 3.3%; Bank of Montreal, 3.1%; and Manulife Financial, 2.7%.

If you want to own a Canadian index fund, you should buy the iShares S&P/TSX 60 Index Fund (see previous page). You’ll pay about a third of the management fees.

We don’t recommend iShares MSCI Canada.

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