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 |
|---|---|---|---|---|
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 4.33% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 4.27% |
| BK | Bank of New York Mellon | Financial Services | Banks - Diversified | 4.10% |
| STT | State Street Corp | Financial Services | Asset Management | 4.06% |
| RY | Royal Bank of Canada | Financial Services | Banks - Diversified | 3.97% |
| MFG | Mizuho Financial Group Inc. | Financial Services | Banks - Regional | 3.93% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 3.89% |
| SCBFY | Standard Chartered PLC | Financial Services | Banks - Diversified | 3.76% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 3.76% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 3.75% |
| STD0 | STANDARD CHART.UNSP.ADR/2 | Financial Services | Banks - Diversified | 3.73% |
| 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% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 3.67% |
| SCGLY | Societe Generale ADR | Financial Services | Banks - Regional | 3.66% |
| RY | Royal Bank of Canada | Financial Services | Banks - Diversified | 3.63% |
| BCS | Barclays PLC ADR | Financial Services | Banks - Diversified | 3.57% |
| GLE | Societe Generale S.A. | Financial Services | Banks - Regional | 3.56% |
| SMFG | Sumitomo Mitsui Financial Group Inc | Financial Services | Banks - Diversified | 3.54% |