What Is ICAE?
ICAE invests primarily in equity securities of companies listed on the TSX that have followed a policy of increasing ordinary cash dividends in four of the past five years while not decreasing dividends in order to replicate the S&P/TSX Canadian ESG Dividend Aristocrats FMC Weighted Index. The index is a broad-based FMC-weighted index that is designed to measure the performance of companies in the S&P/TSX Canadian Dividend Aristocrats Index (the "broader index") that meet certain environmental, social and governance (ESG) criteria, while maintaining similar overall industry weights as the broader index.
Set it, forget it, let compounding do the heavy lifting. 💪