The ETF invests directly or indirectly, primarily in equity securities of companies listed in Canada. Currently the ETF seeks to replicate the S&P/TSX 60 Equal Weight Index which has the same consituents as the capitalization-weighted S&P/TSX 60 Index, however, each company represented in the S&P/TSX 60 Equal Weight Index is allocated a fixed weight of 1.67% at each quarterly rebalancing.