Do index products accurately track markets?

Each month, IIROC publishes a list of the floating and tracking error margin rates for Canadian and U.S. index products.

The list includes products whose indices qualify under the definition of an index in Dealer Member Rule 100.9(a)(xii).

Effective from Feb. 10, 2015 and until a new list is released in March, the regulator highlights the floating margin rates of a dozen major Canadian products, and of 11 U.S. products.

It also offers the current tracking error rates for an equal number (9) of both Canadian and American funds.

Check out the full list.

This story originally appeared on our sister site, Advisor.ca.

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