Direct investment vehicle, which is made up of stocks listed on the Toronto Stock Exchange. These securities are purchased and sold just like any other common stock and provide certain tax benefits to the owner(s).
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- Toronto Index Participation Securities (TIPS): Definition from - Answers
unit investment trusts that replicate the Toronto 35 Index and trade on the toronto stock exchange. TIPS options also trade on the TSX.
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Dec 5, 2011 ... Since the 1990 launch of the first exchange-traded fund (ETF), the Toronto Index Participation Securities (TIPS), liquidity has been important.