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 May 1,2016 

 1 month 3 month 6 month 1 year Since inception*
2.94% 3.65% -10.56% -27.63% -33.85%

*Inception date of index is March 15, 2013 

 

INDEX (as at September 19, 2016)

Symbol Security Name Weighting Market Cap Sector
ACB Aurora Cannabis Inc. 12.82% $275,042,853 Diversified Industries
SL Supreme Pharmaceuticals Inc 4.97% $106,697,714 Life Sciences
BIF.UN Brookfield New Horizons Income Trust 4.88% $104,713,432 Diversified Industries
URB.A Urbana Corporation A NV 4.73% $101,480,000 Diversified Industries
KRI Khan Resources Inc. 3.50% $75,113,675 Mining
RSS RESAAS Services Inc. 3.27% $70,200,191 Life Sciences
URG Oriental Non-Ferrous Resources 3.06% $65,751,042 Mining
MRM Micromem Technologies Inc. 2.47% $52,988,618 Diversified Industries
FYS Fantasy 6 Sports Inc 2.42% $51,879,688 Technology
PDO PUDO Inc. 2.18% $46,777,958 Diversified Industries
LTE Lite Access Technologies Inc. 2.16% $46,263,928 Technology
CIM CIM International Group Inc. 2.15% $46,132,616 Diversified Industries
THC THC Biomed International Ltd. 1.97% $46,132,616 Life Sciences
MDD Mag One Products Inc. 1.76% $37,686,309 Diversified Industries
WUC Western Uranium Corporation 1.64% $35,273,887 Mining
EAC Earth Alive Clean Technologies Inc. 1.63% $35,052,875 Technology
IWS International Wastewater Systems Inc. 1.60% $34,416,400 Technology
GLH Golden Leaf Holdings Ltd. 1.52% $32,616,532 Diversified Industries
RIW RIWI Corp. 1.50% $32,119,508 Technology
PKK Peak Positioning Technologies 1.45% $31,087,017 Technology
RLG West Red Lake Gold Mines Inc. 1.42% $30,473,268 Mining
CK Cascadia Consumer Electronics 1.32% $28,283,669 Technology
BRH BitRush Corp. 1.24% $26,661,020 Technology
VAI VirtualArmor International Inc. 1.21% $25,979,529 Technology
HP Hello Pal international Inc. 1.17% $25,105,851 Technology
TLP.UN Tier One Capital Limited Partnership 1.15% $24,652,563 Diversified Industries
PCE.UN Petrocapita Income Trust 1.03% $22,194,639 Oil and Gas
PDH Premier Diversified Holdings Inc. 1.01% $21,573,416 Diversified Industries
EVA

EViTRADE Health Systems Corp.

0.94%

$20,230,543

Diversified Industries
FLT Drone Delivery Canada Corp 0.92% $19,644,086 Technology
NUR Nuran Wireless Inc. 0.91% $19,498,636 Technology
MDM Marapharm Ventures Inc 0.89% $19,016,287 Life Sciences
KWG KWG Resources Inc. 0.81% $17,428,379 Mining
RGO Range Energy Resources Inc. 0.80% $17,124,520 Oil and Gas
STX Starrex International Ltd. 0.78% $16,652,951 Diversified Industries
BLO Cannabix Technologies Inc. 0.77% $16,425,312 Technology
DST Dundee Sustainable Technologies Inc. 0.76% $16,339,995 Technology
CBP Certive Solutions Inc. 0.76% $16,296,600 Technology
VVS Avapecia Life Sciences Corp. 0.68% $14,550,090 Life Sciences
PSE Pasinex Resources Ltd. 0.66% $14,264,923 Mining
TTX Tantalex Resources Corp. 0.65% $14,042,877 Mining
AFD Ansar Financial and Development Corp 0.65% $13,942,048 Diversified Industries
MMI Metalo Manufacturing Inc. 0.65% $13,845,631 Diversified Industries
WAW Augustine Ventures Inc. 0.64% $13,699,175 Mining
EA EA Education Group Inc. 0.63% $13,521,429 Mining
WGC Winston Gold Mining Corp. 0.62% $13,413,408 Mining
CEG Cerro Grande Mining Corporation 0.62% $13,392,621 Mining
LDS Lifestyle Delivery Systems Inc 0.61% $13,068,000 Diversified Industries
CRL Carl Data Solutions Inc. 0.58% $12,412,147 Technology
GPK Grand Peak Capital Corp. 0.52% $11,244,906 Diversified Industries
MVT Maxtech Ventures Inc. 0.51% $10,955,748 Diversified Industries
EZM Easy Technologies Inc. 0.49% $10,611,995 Technology
AG.UN Arctic Glacier Income Fund 0.49% $10,509,517 Diversified Industries
BTH Breathtec BioMedical Inc. 0.48% $10,282,328 Life Sciences
RXM Rockex Mining Corporation 0.47% $10,171,577 Mining
ASE Asante Gold Corp. 0.44% $9,350,370 Mining
MJ True Leaf Medicine International Ltd. 0.43% $9,321,061 Diversified Industries
EAT Nutritional High International Inc. 0.43% $9,226,263 Life Sciences
CBK Copperbank Resources Corp. 0.43% $9,130,260 Mining
XBR Excalibur Resources Ltd. 0.41% $8,827,859 Mining
VGM Global Gardens Group Inc. 0.40% $8,633,851 Diversified Industries
BE Beleave Inc. 0.39% $8,342,795 Life Sciences
VEG Captiva Verde Industries Ltd. 0.38% $8,051,152 Diversified Industries
LXX Lexaria Bioscience Corp. 0.37% $7,856,259 Diversified Industries
API Appia Energy Corp. 0.36% $7,733,894 Mining
XMG MGX Minerals Inc. 0.36% $7,724,308 Mining
JBR James Bay Resources Ltd. 0.33% $7,050,592 Oil and Gas
PMC Peloton Minerals Corp. 0.32% $6,834,190 Mining
PRL Park Lawn Company Limited 0.31% $6,723,500 Diversified Industries
IN InMed Pharmaceuticals Inc. 0.31% $6,648,095 Life Sciences
CHX ChroMedX Corp. 0.31% $6,573,972 Life Sciences
N Namaste Technologies Inc. 0.31% $6,546,632 Diversified Industries
BUX BioMark Diagnostics Inc. 0.30% $6,532,385 Life Sciences
LAG Laguna Blends 0.30% $6,340,547 Diversified Industries
J Lotus Ventures Inc. 0.28% $6,099,523 Diversified Industries
VRT Veritas Pharma Inc. 0.28% $5,936,000 Life Sciences
UPP Rise Resources Inc. 0.26% $5,568,435 Mining
DDB Data Deposit Box Inc. 0.25% $5,451,409 Technology
CME Canadian Metals Inc. 0.25% $5,371,523 Mining
RZX Robix Environmental Technologies Inc. 0.23% $4,886,787 Cleantech
SUN Wildflower Marijuana Inc. 0.22% $4,651,049 Life Sciences
NC NetCents Technology Inc. 0.21% $4,602,090 Technology
PKG ParcelPal Technology Inc. 0.21% $4,572,272 Technology
MOS Mobi724 Global Solutions Inc. 0.21% $4,501,700 Technology
FDM Fandom Sports Media Corp. 0.21% $4,441,212 Technology
IGN IGEN Networks Corp. 0.20% $4,270,636 Technology
SQA Stina Resources Ltd. 0.17% $3,636,250 Mining
IME Imagin Medical Inc. 0.17% $3,579,537 Technology
RGT Global Remote Technologies Ltd. 0.17% $3,576,064 Technology
AVM Avarone Metals Inc. 0.15% $3,291,100 Technology
LLP LeenLife Pharma International Inc. 0.15% $3,136,612 Diversified Industries

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Portfolio Characteristics (as at Sep 19, 2016)

Number of companies: 91
Market capitalization (C$ mil) 2,146
Company size (C$ mil)  
Average 23.5
Largest 275.04
Median 13.41
% Weight of Top 10 Holdings: 44.30%

Top Ten Holdings(as at Sep 19, 2016)

Symbol Name Weight
ACB Aurora Cannabis Inc. 12.82%
SL Supreme Pharmaceuticals Inc. 4.97%
BIF.UN Brookfield New Horizons Income Fund 4.88%
URB.A Urbana Corporation A NV 4.73%
KRI Khan Resources Inc. 3.50%
RSS RESAAS Services Inc. 3.27%
URG Oriental Non-Ferrous Resources 3.06%
MRM Micromem Technologies Inc 2.47%
FYS Fantasy 6 Sports Inc 2.42%
PDO Pudo Inc 2.18%

Sector Weight(as at Sep 19, 2016)

Sector Weight
Diversified Industries 42.75%
Technology 22.67%
Mining 17.72%
Life Sciences 14.50%
Oil & Gas 2.16%
Cleantech 0.23%