Voya Asia Pacific High Dividend Equity Income Fund T.IAE

TSX S&P SmallCap share requirements

[PaddleYourOwnCanoe]

This is my take on the minimum number of shares that the S&P SmallCap index will have to purchase to include IAE in it's index.

1) "the security must represent a minimum weight of 0.05% of the index, after including the Quoted Market Value (QMV) of that security in the total float capitalization of the index."

https://www.tmx.com/en/pdf/0000Description.pdf

2) The current value of the S&P SmallCap index is $517,694,772.13

https://www.tmxmoney.com/HttpController?GetPage=EquityIndices&Language=en&Exchange=T&SelectedTab=QuoteResults&IndexID=TX20&OpenIndex=

3)

517,694,772.13 *.05 = $25,884,738 divided by the IAE SP of 2.11 = 12,267,648 shares plus. as PUNJABI pointed out, the shares that will have to be bought by the mutual funds and ETFs that track the SmallCap index.