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TSE:XMD
This summary was created by AI, based on 1 opinions in the last 12 months.
The iUnits S&P/TSX Completion Index Fund (XMD-T) provides investors with significant exposure to the Canadian mid-cap equity market, representing a diverse range of sectors including industrials, financials, consumer business, materials, and domestic cyclicals. This fund effectively complements the TSX 60 by incorporating mid-cap companies that are well-positioned to benefit from ongoing industrial activity and domestic economic growth. Experts emphasize the potential for mid-cap stocks to catch up to their mega-cap counterparts, particularly as capital spending increases in the Canadian economy. Additionally, Canadian investors can take advantage of the dividend tax credit, making this fund an attractive option for those looking for income and capital appreciation. With a manageable Management Expense Ratio (MER) of 0.6%, it stands out as a cost-effective investment in the current market landscape.
Top Picks tonight are Canadian, because there is so much redundancy in the business. Everybody is 30%-40% financials, 15%-20% energy, 15%-20% materials. Tonight, he has picked some alternatives.The asset allocation is pretty much the same as the large cap ones with all the banks, but they are the smaller companies. At least you are getting small and mid-caps separate from all these mega caps.
iUnits S&P/TSX Completion Index Fund is a Canadian stock, trading under the symbol XMD.TO (previously XMD-T on Stockchase) on the Toronto Stock Exchange (XMD-CT). It is usually referred to as TSX:XMD or XMD.TO
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on XMD.TO (previously XMD-T on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for iUnits S&P/TSX Completion Index Fund.
iUnits S&P/TSX Completion Index Fund was recommended as a Top Pick by Richard Croft on 2005-02-16. Read the latest stock experts ratings for iUnits S&P/TSX Completion Index Fund.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for iUnits S&P/TSX Completion Index Fund.
iUnits S&P/TSX Completion Index Fund is followed by 10 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-16, iUnits S&P/TSX Completion Index Fund (XMD.TO) stock closed at a price of $60.31.
Exposure to Canadian mid-cap equity market across a broad number of sectors -- industrials, financials, consumer business, materials, domestic cyclicals. "Completes" the TSX 60. These companies are taking advantage of industrial activity, domestic growth, and capital spending.
If markets broaden out beyond mega-cap AI, mid-caps are the ones that could finally start catching up (and they are). Canadians get the dividend tax credit. MER is 0.6%.