Rob Wessel was on BNN Bloomberg to discuss the catalysts needed to get Canadian bank stocks moving from their low valuations, and if now is the right time to buy.

• Equal-weight exposure to Canada’s “Big Six” banks with modest 25% cash leverage
• Higher yield and enhanced long-term growth potential
• Similar volatility to individual Canadian banks

Footnotes:

1. 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 January 31, 2024; 3. Growth of $10,000 based on total returns of the Solactive Equal Weight Canada Banks Index (SOLCBEW) vs 1.25x SOLCBEW, since March 16, 2007, as at December 29, 2023. Source: Bloomberg, Solactive AG, Hamilton ETFs; 4. Standard deviation since October 14, 2020, at December 29, 2023. Source: Bloomberg, Hamilton ETFs