CSE Composite Index

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CSE Composite Index™

The CSE Composite Index is a broad indicator of market activity for the Canadian Securities Exchange (CSE). With approximately 75% coverage of all equities listed on the CSE it is a uniquely positioned gauge of the Canadian small cap market. The index provides a distinctly different risk/return profile than the broad Canadian equity market.

Index Methodology

The CSE Composite Index follows a set of rules which are published on the CSE website. The index is administered by Solactive AG as the calculation agent. Solcative calculates indices for 160 clients in Europe, America and Asia. The index policies and procedures are maintained by an Index Committee. The committee, in its sole discretion determines how policies and procedures are interpreted and over time may update the policies and procedures of the index if deemed necessary. 

For a detailed description of the methodology, click here: CSE Composite Index Methodology PDF icon cse_composite_index_methodology.pdf

Index Maintenance

The index will be rebalanced quarterly on the third Friday in each of March, June, September and December.  The index will be reconstituted based on eligibility criteria and deletion criteria, and the shares adjusted (if required) for index constituents.

Criteria for Index Additions

Listing - Companies must be listed on the CSE.
Size - Only securities with a minimum market capitalization of $5 million are eligible for inclusion.
Seasoning Requirement - A security is not eligible for inclusion for the first rebalance of the index after its listing. However, a security is exempt from this minimum listing period if either of the following apply:

  • The security was listed on a recognized exchange in Canada immediately prior to its listing on the CSE; or
  • At the rebalance, when ranked by total market capitalization, the security falls within the top quartile of eligible securities listed on the CSE.

Criteria for Index Deletions

Buffer rule - At each quarterly rebalance, current constituents are assessed to ensure they have a minimum market capitalization of $4 million. 

Companies involved in corporate actions which result in them no longer qualifying for the index are removed once the transaction is closed.

The chart portrays the index using historical data from March 15, 2013 through February 26, 2015 and is provided for reference purposes only. The official index has been rebased at 1000 as of the market close on February 26, 2015.

For more detailed information about the Index, please click: PDF icon cse_composite_index.pdf.    

 

RETURNS - CSE COMPOSITE INDEX as at December 15,2016 

 1 month 3 month 6 month 1 year Since inception*
-3.702% 14.637% 20.190% 17.792% -51.711%

*Inception date of index is March 15, 2013 

 

INDEX (as at December 19, 2016)

Symbol Security Name Weighting Market Cap Sector
SL Supreme Pharmaceuticals Inc. 10.74% $256,866,378 Diversified Industries
BIF.UN Brookfield New Horizons Income Trust 4.61% $110,224,665 Diversified Industries
URB.A Urbana Corporation A NV 4.50% $107,500,000 Diversified Industries
THC THC Biomed Intl Ltd. 4.34% $103,777,609 Life Sciences
MDM Marapharm Ventures Inc. 3.68% $87,979,328 Life Sciences
FYS Fantasy 6 Sports 3.49% $83,350,083 Technology
EAC Earth Alive Clean Technologies 2.61% $62,526,751 Technology
RSS RESAAS Services Inc. 2.46% $58,758,704 Technology
MRM Micromem Technologies Inc. 2.35% $56,237,106 Mining
URG Oriental Non-Ferrous Resources 2.26% $54,147,917 Mining
BLO Cannabix Technologies Inc. 2.25% $53,698,136 Technology
CHV Canada House Wellness Group Inc. 2.19% $52,372,834 Life Sciences
RIW RIWI Corp. 1.75% $41,968,330 Technology
VGW Valens Groworks Corp. 1.71% $40,818,134 Life Sciences
FLT Drone Delivery Canada Corp 1.57% $37,502,346 Technology
CIM CIM International Group Inc. 1.54% $36,906,093 Diversified Industries
PDO PUDO Inc. 1.42% $33,946,669 Diversified Industries
EAT Nutritional High International Inc. 1.39% $33,356,491 Life Sciences
BE Beleave Inc. 1.28% $30,648,401 Life Sciences
GLH Golden Leaf Holdings Ltd 1.26% $30,076,072 Diversified Industries
IWS International Wastewater Systems Inc. 1.24% $29,634,730  Technology
MDD Mag One Products Inc. 1.22% $29,184,991 Diversified Industries
LDS Lifestyle Delivery Systems Inc. 1.13% $27,040,078 Life Sciences
N Namaste Technologies Inc. 1.12% $26,804,869 Diversified Industries
WUC Western Uranium Corporation 1.03% $24,668,255 Mining
TLP.UN Tier One Capital Limited Partnership 0.97% $23,147,063 Diversified Industries
XMG MGX Minerals Inc. 0.94% $22,554,718 Mining
PCE.UN Petrocapita Income Trust 0.93% $22,194,639 Oil and Gas
VAI VirtualArmor International Inc. 0.89% $21,192,390 Technology
CK Cascadia Consumer Electronics 0.83% $19,798,568 Technology
WGC Winston Gold Mining Corp. 0.81% $19,426,977 Mining
PDH Premier Diversified Holdings Inc. 0.81% $19,416,074 Diversified Industries
KWG KWG Resources Inc. 0.81% $19,326,406 Mining
HP Hello Pal International Inc. 0.81% $19,312,193 Technology
STX Starrex International Ltd. 0.81% $18,825,075 Mining
NUR Nuran Wireless Inc. 0.81% $18,233,673 Technology
ATT Abattis Bioceuticals Corp. 0.81% $18,104,594 Life Sciences
RLG West Red Lake Gold Mines Inc. 0.72% $17,285,185 Mining
LXX Lexaria Bioscience Corp. 0.68% $16,155,870 Diversified Industries
IRV Irving Resources Inc. 0.68% $15,878,537 Mining
TBP Tetra Bio-Pharma Inc. 0.66% $15,679,031 Diversified Industries
VS Versus Systems Inc. 0.61% $14,513,233 Technology
IMH Invictus Md Strategies Corp. 0.61% $14,469,105 Diversified Industries
VP Vodis Pharmaceuticals Inc. 0.60%

$14,257,611

Life Sciences
PRI Primewest Mortgage Investment Corp. 0.59% $14,180,468 Diversified Industries
MTA Metalla Royalty And Streaming Ltd. 0.59% $14,123,311 Mining
GET Glance Technologies Inc. 0.56% $13,400,360 Technology
AGS Arcturus Growthstar Technologies Inc. 0.56% $13,310,799 Technology
TNY The Tinley Beverage Company Inc. 0.56% $13,280,206 Diversified Industries
VVS Avapecia Life Sciences Corp. 0.55% $13,095,081 Life Sciences
AFD Ansar Financial And Development Corp. 0.54% $12,857,666 Diversified Industries
RGO Range Energy Resources Inc. 0.54% $12,843,390 Oil and Gas
EVA EViTRADE Health Systems 0.53% $12,758,001 Technology
RZX Robix Environmental Technologies Inc. 0.53% $12,585,080 Cleantech
DST Dundee Sustainable Technologies Inc. 0.50% $11,883,633 Technology
WAW Augustine Ventures Inc. 0.50% $11,847,088 Mining
MVT Maxtech Ventures Inc. 0.48% $11,412,237 Diversified Industries
IAN iAnthus Capital Holdings Inc. 0.47% $11,195,640 Life Sciences
KNR Kontrol Energy Corp. 0.46% $11,004,049 Technology
AFI Affinor Growers Inc. 0.46% $10,983,320 Life Sciences
CHX ChroMedX Corp. 0.46% $10,956,619 Life Sciences
MJ True Leaf Medicine International Ltd. 0.45% $10,869,307 Life Sciences
AG.UN Arctic Glacier Income Fund 0.44% $10,509,517 Diversified Industries
ITV ICTV Brands Inc. 0.44% $10,423,492 Diversified Industries
SUN Wildflower Marijuana Inc. 0.42% $10,120,000 Life Sciences
CBK Copperbank Resources Corp. 0.42% $10,004,913 Mining
CRL Carl Data Solutions Inc. 0.41% $9,752,401 Technology
IN Inmed Pharmaceuticals Inc. 0.40% $9,538,571 Life Sciences
NF New Age Farm Inc. 0.39% $9,345,271 Life Sciences
TTX Tantalex Resources Corp. 0.38% $9,153,540 Mining
UPP Rise Resources Inc. 0.36% $8,649,228 Diversified Industries
PRL Park Lawn Company Limited 0.35% $8,475,000 Life Sciences
API Appia Energy Corp. 0.35% $8,320,305 Mining
JBR James Bay Resources Ltd. 0.35% $8,294,814 Oil and Gas
ZNK Kootenay Zinc Corp. 0.35% $8,274,110 Mining
MMI Metalo Manufacturing Inc. 0.34% $7,383,633 Mining
J Lotus Ventures Inc. 0.31% $7,334,128 Diversified Industries
ACG Alliance Growers Corp. 0.29% $6,935,361 Life Sciences
ASE Asante Gold Corp. 0.29% $6,916,736 Mining
PUF PUF Ventures Inc. 0.29% $6,833,797 Technology
EA EA Education Group Inc. 0.28% $6,760,715 Diversified Industries
BTH Breathtec Biomedical Inc. 0.28% $6,664,472 Life Sciences
NC NetCents Technology Inc. 0.28% $6,615,504 Technology
MOS Mobi724 Global Solutions Inc. 0.28% $6,608,081 Technology
RXM Rockex Mining Corp. 0.25% $5,888,808 Mining
HS Healthspace Data Systems Ltd. 0.23% $5,446,976 Technology
PMC Peloton Minerals Corp. 0.23% $5,410,401 Mining
CME Canadian Metals Inc. 0.22% $5,371,523 Mining
CEG Cerro Grande Mining Corp. 0.22% $5,357,048 Mining
VRT Veritas Pharma Inc. 0.21% $5,088,000 Life Sciences
DVR Deveron UAS Corp. 0.21% $4,994,502 Diversified Industries
RGT Global Remote Technologies Ltd. 0.20% $4,838,204 Technology
MQ M Pharmaceutical Inc. 0.18% $4,421,633 Life Sciences
LAG Laguna Blends 0.18% $4,399,563 Diversified Industries
GHG Global Hemp Group Inc. 0.14% $3,447,939 Diversified Industries
KRI Khan Resources Inc 0.13% $3,103,327  Mining
IGN IGEN Networks Corp. 0.12% $2,847,091 Technology>

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Portfolio Characteristics (as at Jan 10, 2017)

Number of companies: 101
Market capitalization (C$ mil) 2,453
Company size (C$ mil)  
Average 24.3
Largest 261.51
Median 14.15
% Weight of Top 10 Holdings: 38.35%

Top Ten Holdings(as at Jan 10, 2017)

Symbol Name Weight
SL Supreme Pharmaceuticals Inc. 10.66%
URB.A Urbana Corporation A NV 4.38%
BIF.UN Brookfield New Horizons Income Fund 4.38%
THC THC Biomed Intl Ltd. 3.82%
MDM Marapharm Ventures Inc. 3.09%
FYS Fantasy 6 Sports 2.75%
MRM Micromem Technologies Inc 2.58%
EAC Earth Alive Clean Technologies Inc. 2.24%
RSS RESAAS Services Inc. 2.24%
BLO Cannabix Technologies Inc. 2.21%

Sector Weight(as at Jan 10, 2017)

Sector Weight
Diversified Industries 35.36%
Technology 28.08%
Life Sciences 20.79%
Mining 13.36%
Oil & Gas 1.94%
Cleantech 0.50%