Hamilton Australian Bank
Equal-Weight Index ETF

  • Ticker HBA
  • Yield % 6.35

Higher dividends from one of world’s best banking sectors

Sydney evening

Highlights:

Equal weight exposure to Australia’s “Big Five” banking oligopoly

Historically, Australian banks have had similar returns/volatility vs. Canadian banks over the past 10-20 years

Australian banks outperformed Canadian banks during the global financial crisis

Australia’s economy has been one of the world’s most resilient over the past several decades

100% currency hedged

A GOOD FIT FOR INVESTORS WHO WANT:

Attractive quarterly dividends and growth potential from one of the world’s top performing banking sectors

Diversification: Australian banks have relatively low correlations to Canadian banks

Exposure to one of the world’s best and highest capitalized banking sectors

FUND OBJECTIVE

 

The fund is designed to closely track the returns of the Solactive Australian Bank Equal-Weight Index TR, comprised of equal weightings of Australia’s “Big 5” banks.

Performance

  • TICKER HBA
  • NAV $15.19
  • CHANGE +$0.00
  • YIELD 6.35%
  • ASSETS $59.3M

Solactive Australian Bank Equal Weight Index vs Canada’s “Big 5” Banks

Value of $100 invested since inception of Solactive Australian Bank Equal Weight Index (SOLBAEWT; July 31, 1996) vs equal weight portfolio of Canada’s “Big 5” banks, as at Aug 31, 2020

  • Overview
  • Distributions
  • Documents

Top Holdings

As at August 31, 2020

tickernamecountryweight
NABNational Australia BankAustralia20%
ANZAustralia and New Zealand BankAustralia20%
WBCWestpac BankingAustralia20%
MQGMacquarie GroupAustralia20%
CBACommonwealth Bank of AustraliaAustralia20%

Fund Details

 

All Hamilton ETFs are available on the Toronto Stock Exchange (TSX) to retail and accredited investors, and can be used in DRIP, RRSP, RRIF, DPSP, RDSP, RESP and TFSA portfolios.
TickerHBA (CAD)
ExchangeToronto Stock Exchange (TSX)
CUSIP40701D109
Inception DateJune 26, 2020
Investment StyleEqual-weight, index-based
BenchmarkSolactive Australian Bank Equal-Weight Index
Assets$59.4M CAD*
YieldTBD
DistributionsQuarterly
Currency Hedging100% hedged
Management Fee0.55%
AdministratorHorizons ETFs Management (Canada) Inc.
AuditorKPMG LLP

Distributions

HBA distributions are paid monthly in cash, or if the unitholder has enrolled in the dividend reinvestment plan (DRIP), reinvested in additional units of the ETF.
Ex-Dividend DatePaidFrequencyAmount
2020-09-302020-10-13Quarterly$0.24

You can view public filings for the Hamilton Australian Bank Equal-Weight Index ETF on SEDAR.

Press Releases

View the latest HBA Press Releases

ETF Facts

HBA Fact Sheet (2020-05-11) English Français

Prospectus

HBA Prospectus (2020-05-11) English Français

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