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Invesco S&P/TSX 60 Equal Weight to trade on TSX

2025-04-01 21:21 ET - New Listing

The Toronto Stock Exchange reports that Invesco S&P/TSX 60 Equal Weight Index ETF will be listed on April 2, 2025, for trading at the open on April 3, 2025. According to the TSX, there will be 75,000 Canadian-dollar-denominated units of the exchange-traded fund (ETF) issued and outstanding, with no securities reserved for issuance. The units will trade under the symbol EQLT and with Cusip No. 67120W 10 3.

The TSX reports that the ETF seeks to replicate a Canadian equity securities index. Currently, the ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the S&P/TSX 60 Equal Weight Index or any successor thereto. The ETF invests, directly or indirectly, primarily in equity securities of companies listed in Canada. It expects to pay cash distributions on its units on a quarterly basis. The manager may, at its discretion, change the frequency of the distributions and will issue a news release if such a change is made.

According to the TSX, the ETF's manager and trustee is Invesco Canada Ltd., its transfer agent and registrar is TSX Trust Company at its principal office in Toronto, and its fiscal year-end is Dec. 31. As stated in its prospectus dated March 21, 2025, the ETF is issuing 75,000 units at $20 per unit in its initial public offering. It expects to close the offering on April 2, 2025. The designated market-maker is TD Securities Inc.

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