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Similarly, in March 1990 the Toronto Stock Exchange (TSE) introduced Toronto Index Participation Units (TIPs), a traded stock basket designed to replicate the Toronto 35 index.
Common derivative products include index funds, certificates of deposit, futures, options and exchange created and traded investment products such as Toronto 35 Index Participation Units (TIPS 35) and TSE 100 Index Participation Units (TIPS 100).
Earlier this year the Toronto Stock Exchange introduced an investment vehicle called Toronto-35 Index Participation Units (TIPS).