Global X Equal Weight Canadian Banks Index Corporate Class ETF Weight Canadian Banks Index Corporate Class ETF
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About Global X Equal Weight Canadian Banks Index Corporate Class ETF Weight Canadian Banks Index Corporate Class ETF
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Inception date
Jan 22, 2019
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Primary advisor
Global X Investments Canada, Inc.
ISIN
CA37964Q1081
The fund focuses on common stocks traded on the Toronto Stock Exchange that that are classified within the banking industry. Constituents are subject to minimum market capitalization and liquidity screens. The portfolio is equally weighted and rebalanced semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash60.00%
Miscellaneous40.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HEWB assets under management is 214.66 M CAD. It's risen 9.01% over the last month.
HEWB fund flows account for −11.13 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, HEWB doesn't pay dividends to its holders.
HEWB shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Jan 22, 2019, and its management style is Passive.
HEWB expense ratio is 0.28% meaning you'd have to pay 0.28% of your investment to help manage the fund.
HEWB follows the Solactive Equal Weight Canada Banks Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HEWB invests in cash.
HEWB price has risen by 7.97% over the last month, and its yearly performance shows a 34.94% increase. See more dynamics on HEWB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.93% over the last month, showed a 16.78% increase in three-month performance and has increased by 34.17% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.93% over the last month, showed a 16.78% increase in three-month performance and has increased by 34.17% in a year.
HEWB trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.