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 | 3.99% |
| MFG | Mizuho Financial Group Inc. | Financial Services | Banks - Regional | 3.97% |
| RY | Royal Bank of Canada | Financial Services | Banks - Diversified | 3.89% |
| HSBC | HSBC Holdings PLC ADR | Financial Services | Banks - Diversified | 3.87% |
| BK | Bank of New York Mellon | Financial Services | Banks - Diversified | 3.86% |
| SMFG | Sumitomo Mitsui Financial Group Inc | Financial Services | Banks - Diversified | 3.84% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 3.84% |
| DBK | Deutsche Bank Aktiengesellschaft | Financial Services | Banks - Regional | 3.80% |
| BCS | Barclays PLC ADR | 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% |
| SAN | Banco Santander SA ADR | Financial Services | Banks - Diversified | 3.71% |
| ACA | Credit Agricole SA | Financial Services | Banks - Regional | 3.71% |
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 3.70% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 3.69% |
| TD | Toronto Dominion Bank | Financial Services | Banks - Diversified | 3.69% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 3.68% |
| SCGLY | Societe Generale ADR | Financial Services | Banks - Regional | 3.66% |
| BNPQY | BNP Paribas SA ADR | Financial Services | Banks - Regional | 3.66% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 3.65% |