The fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the Morningstar Dividend Yield Focus Index - CAD-Hedged (the 'Index'), net of expenses. Under normal market conditions, the fund will primarily invest in U.S. equity securities. The Index tracks high-yielding, dividend-paying, U.S.-based securities and is a focused benchmark comprising 'qualified income' paying securities screened for superior company quality and financial health, hedged to Canadian dollars.
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