| At a Glance |
| Investment Objectives |
To achieve long-term capital growth by tracking the performance of a generally recognized U.S. equity index, currently the S&P 500 Index. It invests primarily in futures contracts that are linked to the performance of the index and in cash, Government of Canada treasury bills and other short-term debt instruments guaranteed by the Government of Canada |
| Who Should Invest In This Fund? |
The fund may be suitable for you if:
- you hold your units in a registered plan
- you want the growth potential of U.S. equity securities while tracking the performance of a major market index
- you're investing for at least five years
- you can accept higher risk
|
| Date Established |
July 9, 1993 |
| Class Availability |
Class A and Class F |
| Fund Category |
U.S. Equity |
| Benchmark Index |
S&P 500 Index |
| Distribution Frequency |
Annually |
| Portfolio Advisor |
Scotia Cassels Investment Counsel Limited |
| Eligible for Registered Plans? |
Yes |
| Management Expense Ratio (MER) |
0.98% as at June 30, 2009 |
| Minimum Initial Investment |
$1,000 |
| Minimum Subsequent Investment |
$50 |
| Fund Code |
BNS351 |