NASDAQ | ETF
The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities of financial companies.
The manager defines financial companies as companies in banking, insurance, consumer finance, capital markets, government-sponsored financial enterprises, securities exchanges, REITS, transaction and payment processing, mortgage finance, investment management, and/or financial services.
The fund is non-diversified.
Top 10 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 10.31% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 7.83% |
| MA | Mastercard Inc | Financial Services | Credit Services | 5.86% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 5.15% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 5.07% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 4.62% |
| SCHW | Charles Schwab Corp | Financial Services | Capital Markets | 3.73% |
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 3.35% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 3.25% |
| CB | Chubb Ltd | Financial Services | Insurance - Property & Casualty | 2.78% |