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 |
|---|---|---|---|---|
| GLE | Societe Generale S.A. | Financial Services | Banks - Regional | 4.11% |
| RY | Royal Bank of Canada | Financial Services | Banks - Diversified | 3.97% |
| SAN | Banco Santander SA ADR | Financial Services | Banks - Diversified | 3.93% |
| 8640 | Toronto Dominion Bank | 3.90% | ||
| DBK | Deutsche Bank Aktiengesellschaft | Financial Services | Banks - Regional | 3.88% |
| BCS | Barclays PLC ADR | Financial Services | Banks - Diversified | 3.83% |
| RY | Royal Bank of Canada | Financial Services | Banks - Diversified | 3.81% |
| SCBFY | Standard Chartered PLC | Financial Services | Banks - Diversified | 3.76% |
| CRARY | Credit Agricole SA PK | Financial Services | Banks - Regional | 3.72% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 3.70% |
| TD | Toronto Dominion Bank | Financial Services | Banks - Diversified | 3.69% |
| SCGLY | Societe Generale ADR | Financial Services | Banks - Regional | 3.66% |
| ING | ING Group NV ADR | Financial Services | Banks - Diversified | 3.65% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 3.62% |
| BK | The Bank of New York Mellon Corporation | Financial Services | Banks - Diversified | 3.58% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 3.58% |
| STT | State Street Corp | Financial Services | Asset Management | 3.58% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 3.57% |
| HSBC | HSBC Holdings PLC ADR | Financial Services | Banks - Diversified | 3.55% |
| STD0 | STANDARD CHART.UNSP.ADR/2 | Financial Services | Banks - Diversified | 3.52% |