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 October 7, 2016)

Symbol Security Name Weighting Market Cap Sector
SL Supreme Pharmaceuticals Inc. 7.76% $153,514,057 Diversified Industries
BIF.UN Brookfield New Horizons Income Trust 5.29% $104,713,432 Diversified Industries
URB.A Urbana Corporation A NV 5.13% $101,480,000 Diversified Industries
THC THC Biomed Intl Ltd. 5.11% $101,009,521 Life Sciences
KRI Khan Resources Inc. 3.80% $75,113,675 Mining
RSS RESAAS Services Inc. 3.64% $72,047,565 Technology
URG Oriental Non-Ferrous Resources 3.40% $67,298,125 Mining
MRM Micromem Technologies Inc. 3.04% $60,121,702 Technology
EAC Earth Alive Clean Technologies 2.87% $56,842,501 Technology
LTE Lite Access Technologies Inc. 2.63% $52,085,217 Technology
FYS Fantasy 6 Sports 2.45% $48,559,388 Technology
CIM CIM International Group Inc. 2.33% $46,132,616 Diversified Industries
GLH Golden Leaf Holdings Ltd 2.20% $43,488,710 Diversified Industries
PDO PUDO Inc. 1.98% $39,112,005 Diversified Industries
IWS International Wastewater Systems Inc. 1.74% $34,416,400 Technology
MDD Mag One Products Inc. 1.61% $31,862,061 Diversified Industries
WUC Western Uranium Corporation 1.60% $31,578,527 Mining
RIW RIWI Corp. 1.55% $30,590,008 Technology
MDM Marapharm Ventures Inc. 1.50% $29,665,407 Life Sciences
RLG West Red Lake Gold Mines Inc. 1.46% $28,949,605 Mining
BLO Cannabix Technologies Inc. 1.37% $27,164,940 Technology
LDS Lifestyle Delivery Systems Inc 1.36% $26,916,178 Life Sciences
VAI VirtualArmor International Inc. 1.34% $22,650,9724 Technology
PKK Peak Positioning Technologies 1.26% $24,869,614 Technology
TLP.UN Tier One Capital Limited Partnership 1.14% $22,582,500 Diversified Industries
PCE.UN Petrocapita Income Trust 1.12% $22,194,639 Oil and Gas
VVS Avapecia Life Sciences Corp. 1.10% $21,825,135 Life Sciences
EAT Nutritional High International Inc. 1.08% $21,291,377 Life Sciences
NUR Nuran Wireless Inc. 1.03%

$20,427,142

Technology
PDH Premier Diversified Holdings Inc. 1.02% $20,135,188 Diversified Industries
HP Hello Pal International Inc. 1.01% $19,95,5933 Technology
BE Beleave Inc. 0.97% $19,118,905 Life Sciences
FLT Drone Delivery Canada Corp 0.95% $18,751,173 Technology
CBP Certive Solutions Inc. 0.89% $17,526,532 Technology
KWG KWG Resources Inc. 0.88% $17,428,379 Mining
RGO Range Energy Resources Inc. 0.87% $17,124,520 Oil and Gas
DST Dundee Sustainable Technologies Inc. 0.83% $16,339,995 Technology
EVA EViTRADE Health Systems 0.74% $14,58,0571 Technology
WGC Winston Gold Mining Corp. 0.71% $13,972,300 Mining
EA EA Education Group Inc. 0.68% $13,521,429 Mining
CRL Carl Data Solutions Inc. 0.67% $13,298,729 Mining
MJ True Leaf Medicine International Ltd. 0.66% $13,049,485 Life Sciences
TTX Tantalex Resources Corp. 0.65% $12,803,799 Mining
AFD Ansar Financial And Development Corp. 0.63% $12,392,931 Diversified Industries
BRH BitRush Corp. 0.58% $11,426,152 Technology
MVT Maxtech Ventures Inc. 0.58% $11,412,237 Diversified Industries
GPK Grand Peak Capital Corp. 0.57% $11,244,906 Diversified Industries
PSE Pasinex Resources Ltd. 0.57% $11,208,154 Mining
IN Inmed Pharmaceuticals Inc. 0.56% $10,983,810 Life Sciences
AG.UN Arctic Glacier Income Fund 0.53% $10,509,517 Diversified Industries
CBK Copperbank Resources Corp. 0.52% $10,434,583 Mining
MMI Metalo Manufacturing Inc. 0.51% $10,384,223 Mining
WAW Augustine Ventures Inc. 0.50% $10,010,936 Mining
N Namaste Technologies Inc. 0.45% $9,819,947 Diversified Industries
XBR Excalibur Resources Ltd. 0.44% $8,827,859 Mining
STX Starrex International Ltd. 0.42% $8,688,496 Mining
JBR James Bay Resources Ltd. 0.41% $8,294,814 Oil and Gas
CEG Cerro Grande Mining Corp. 0.40% $8,035,572 Mining
PRL Park Lawn Company Limited 0.39% $7,910,000 Diversified Industries
VGM Global Gardens Group Inc. 0.39% $7,770,466 Diversified Industries
API Appia Energy Corp. 0.39% $7,733,894 Mining
BTH Breathtec Biomedical Inc. 0.35% $7,616,540 Life Sciences
LXX Lexaria Bioscience Corp. 0.35% $6,931,993 Diversified Industries
ASE Asante Gold Corp. 0.35% $6,926,200 Mining
XMG MGX Minerals Inc. 0.34% $6,88,9248 Mining
NC NetCents Technology Inc. 0.33% $6,759,319 Technology
UPP Rise Resources Inc. 0.32% $6,438,503 Mining
J Lotus Ventures Inc. 0.32% $6,420,550 Diversified Industries
VRT Veritas Pharma Inc. 0.32% $6,360,000 Life Sciences
PMC Peloton Minerals Corp. 0.32% $6,264,674 Mining
LAG Laguna Blends 0.31% $6,211,148 Diversified Industries
CHX ChroMedX Corp. 0.29% $5,752,225 Life Sciences
VEG Captiva Verde Industries Ltd. 0.29% $5,750,823 Diversified Industries
EZM Easy Technologies Inc. 0.29% $5,748,164 Technology
CK Cascadia Consumer Electronics 0.29% $5,656,734 Technology
BUX BioMark Diagnostics Inc. 0.26% $5,171,472 Life Sciences
IGN IGEN Networks Corp. 0.24% $4,840,054 Technology
RXM Rockex Mining Corp. 0.24% $4,818,116 Mining
SUN Wildflower Marijuana Inc. 0.24% $4,801,083 Life Sciences
CME Canadian Metals Inc. 0.24% $4,655,320 Mining
RZX Robix Environmental Technologies Inc. 0.24% $4,654,082 Cleantech
PKG ParcelPal Technology Inc. 0.22% $4,318,257 Technology
IME Imagin Medical Inc. 0.21% $4,176,127 Technology
MOS Mobi724 Global Solutions Inc. 0.20% $4,001,511 Technology
RGT Global Remote Technologies Ltd. 0.19% $3,786,420 Technology
SQA Stina Resources Ltd. 0.17% $3,454,437 Mining
DDB Data Deposit Box Inc. 0.17% $3,407,131 Technology
AVM Avarone Metals Inc. 0.17% $3,291,100 Technology
LLP LeenLife Pharma International Inc. 0.16% $3,136,612 Diversified Industries
FDM Fandom Sports Media Corp. 0.15% $2,960,808 Technology

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Portfolio Characteristics (as at Oct 7, 2016)

Number of companies: 90
Market capitalization (C$ mil) 1,978
Company size (C$ mil)  
Average 22
Largest 153.51
Median 11.41
% Weight of Top 10 Holdings: 42.67%

Top Ten Holdings(as at Oct 7, 2016)

Symbol Name Weight
SL Supreme Pharmaceuticals Inc. 7.76%
BIF.UN Brookfield New Horizons Income Fund 5.29%
URB.A Urbana Corporation A NV 5.13%
THC THC Biomed Intl Ltd. 5.11%
KRI Khan Resources Inc. 3.80%
RSS RESAAS Services Inc. 3.64%
URG Oriental Non-Ferrous Resources 3.40%
MRM Micromem Technologies Inc 3.04%
EAC Earth Alive Clean Technologies Inc. 2.87%
LTE Lite Access Technologies Inc. 2.63%

Sector Weight(as at Oct 7, 2016)

Sector Weight
Diversified Industries 33.49%
Technology 30.39%
Mining 19.67%
Life Sciences 13.84%
Oil & Gas 2.41%
Cleantech 0.24%