Hamilton Canadian Bank
Equal-Weight Index ETF
Low-Cost Canadian Bank ETF
HIGHLIGHTS
Low-cost Canadian bank ETF
Yield of 5.00%*An estimate of the annualized yield an investor would receive if the most recent distribution remained unchanged for the next 12 months, stated as a percentage of the price per unit on April 30, 2024, paid monthly
Convenient equal-weight exposure to Canada’s big-6 banks
Dividends from Canadian banks are eligible for the Canadian Dividend Tax Credit
A GOOD FIT FOR INVESTORS WHO WANT
Attractive monthly income
Tax efficient distributions
Low-fee exposure to the big-6 Canadian banks
FUND OBJECTIVE
HEB is designed to track the returns of the Solactive Equal Weight Canada Banks Index, net of fees and expenses. HEB rebalances semi-annually to equal-weight.
Performance
- TICKER HEB
- NAV $16.72
- 1 DAY CHANGE -$0.03
-
YIELD *
Current annualized yield, as at April 30, 2024
5.00% - ASSETS $667.8M
Total Returns (incl. Dividends)
- ticker 0.00%
- 1 month -4.07%
- 3 months 3.35%
- 6 months 22.00%
- year to date 1.46%
- 1 year 7.85%
- inception* 8.62%
- as of date 202400.00%
Canadian Bank Index Outperformance1
since March 2007
1Annualized total returns based on Solactive Equal Weight Canada Banks Index (SOLCBEW) vs the S&P/TSX 60, since March 16, 2007, as at April 30, 2024. Source: Bloomberg, Solactive AG, Hamilton ETFs
Low-Cost Canadian Bank ETF
- Overview
- Distributions
- Documents
ticker | name | weight |
NA | National Bank of Canada | 17.2% |
TD | Toronto-Dominion Bank | 17.1% |
RY | Royal Bank of Canada | 16.8% |
BMO | Bank of Montreal | 16.6% |
CM | Canadian Imperial Bank of Commerce | 16.1% |
BNS | Bank of Nova Scotia | 15.9% |
Ticker | HEB |
Exchange | Toronto Stock Exchange (TSX) |
CUSIP | 40704N104 |
Inception Date | April 3, 2023 |
Investment Style | Equal-Weight, Index-based |
Benchmark | Solactive Equal Weight Canada Banks Index |
Assets | $667.8M CAD* |
Current Annualized Yield | 5.00%* |
Distributions | Monthly |
Rebalancing | Semi-Annually |
Management Fee | 0.19% |
Risk Rating | Medium to High |
Auditor | KPMG LLP |
Legal Entity Identifier | 549300093ISLOKV5JH04 |
Ex-Dividend Date | Paid | Frequency | Amount |
---|---|---|---|
2024-04-29 | 2024-05-07 | Monthly | $0.069 |
2024-03-27 | 2024-04-05 | Monthly | $0.069 |
2024-02-28 | 2024-03-07 | Monthly | $0.069 |
2024-01-30 | 2024-02-09 | Monthly | $0.069 |
2023-12-28 | 2024-01-08 | Monthly | $0.069 |
2023-11-29 | 2023-12-07 | Monthly | $0.069 |
2023-10-30 | 2023-11-07 | Monthly | $0.069 |
2023-09-28 | 2023-10-06 | Monthly | $0.069 |
2023-08-30 | 2023-09-08 | Monthly | $0.069 |
2023-07-28 | 2023-08-08 | Monthly | $0.069 |
2023-06-29 | 2023-07-10 | Monthly | $0.069 |
2023-05-30 | 2023-06-07 | Monthly | $0.069 |
2023-04-27 | 2023-05-05 | Monthly | $0.069 |
You can view public filings for the Hamilton Canadian Bank Equal-Weight Index ETF on SEDAR+.
Press Releases
View the latest HEB Press Releases
Fact Sheet
HEB Fact Sheet (2024-04-30) English Français
ETF Facts
HEB ETF Facts (2024-03-27) English Français
Prospectus
HEB Prospectus (2024-03-27) English Français
Financial Statements
Annual Financial Statements (2023-12-31) English Français
Interim Financial Statements (2023-06-30) English Français
Latest Portfolio Summary
Q1 2024 Portfolio Summary (2024-03-31) Download
Independent Review Committee
2023 Annual Report to Securityholders (2024-03-13) Download