NASDAQ | ETF
The fund is an actively managed exchange-traded fund ("ETF") that will invest in the equity securities of companies that operate in the global banking sector.
Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that are part of the global banking sector and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") that represent such companies in the banking sector.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| STT | State Street Corp | Financial Services | Asset Management | 4.16% |
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 4.14% |
| BK | Bank of New York Mellon | Financial Services | Banks - Diversified | 4.09% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 4.08% |
| RY | Royal Bank of Canada | Financial Services | Banks - Diversified | 3.97% |
| MFG | Mizuho Financial Group Inc. | Financial Services | Banks - Regional | 3.97% |
| STD0 | STANDARD CHART.UNSP.ADR/2 | Financial Services | Banks - Diversified | 3.93% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 3.80% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 3.78% |
| SCBFY | Standard Chartered PLC | Financial Services | Banks - Diversified | 3.76% |
| CRARY | Credit Agricole SA PK | Financial Services | Banks - Regional | 3.72% |
| MUFG | Mitsubishi UFJ Financial Group Inc ADR | Financial Services | Banks - Diversified | 3.70% |
| TD | Toronto Dominion Bank | Financial Services | Banks - Diversified | 3.69% |
| RY | Royal Bank of Canada | Financial Services | Banks - Diversified | 3.66% |
| SCGLY | Societe Generale ADR | Financial Services | Banks - Regional | 3.66% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 3.64% |
| SMFG | Sumitomo Mitsui Financial Group Inc | Financial Services | Banks - Diversified | 3.64% |
| IDCBY | Industrial Commercial Bank of China | Financial Services | Banks - Diversified | 3.62% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 3.62% |
| BCS | Barclays PLC ADR | Financial Services | Banks - Diversified | 3.58% |