Hamilton Canadian Bank
Equal-Weight Index ETF
Low-Cost Canadian Bank ETF
HIGHLIGHTS
Low-cost Canadian bank ETF
Yield of 4.38%*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 September 30, 2024. The yield calculation excludes any additional year end distributions and does not include reinvested distributions. with monthly distributions
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 $18.81
- 1 DAY CHANGE -$0.13
-
YIELD % *
Current annualized yield.
4.38 - ASSETS $733.5M
Total Returns (incl. Dividends)
- ticker 0.00%
- 1 month 6.08%
- 3 months 17.75%
- 6 months 12.07%
- year to date 18.53%
- 1 year 34.03%
- inception* 17.76%
- 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 September 30, 2024. Source: Bloomberg, Solactive AG, Hamilton ETFs
Low-Cost Canadian Bank ETF
- Overview
- Distributions
- Documents
| ticker | name | weight |
| BMO | Bank of Montreal | 17.1% |
| BNS | Bank of Nova Scotia | 16.9% |
| NA | National Bank of Canada | 16.6% |
| RY | Royal Bank of Canada | 16.6% |
| TD | Toronto-Dominion Bank | 16.5% |
| CM | Canadian Imperial Bank of Commerce | 16.3% |
| 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 | $733.5M CAD* |
| Current Annualized Yield | 4.38%* |
| Distributions | Monthly |
| Rebalancing | Semi-Annually |
| Management Fee | 0.19% |
| Risk Rating | Medium to High |
| Auditor | KPMG LLP |
| Legal Entity Identifier | 549300093ISLOKV5JH04 |
| Ex-Dividend Date | Pay Date | Frequency | Amount |
|---|---|---|---|
| 2024-09-27 | 2024-10-07 | Monthly | $0.069 |
| 2024-08-30 | 2024-09-09 | Monthly | $0.069 |
| 2024-07-31 | 2024-08-08 | Monthly | $0.069 |
| 2024-06-28 | 2024-07-08 | Monthly | $0.069 |
| 2024-05-31 | 2024-06-07 | Monthly | $0.069 |
| 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 (2024-09-30) 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 (2024-06-30) English Français
Latest Portfolio Summary
Q1 2024 Portfolio Summary (2024-03-31) Download
Proxy Voting
Proxy Voting Report (2023-07 to 2024-06) Download
Independent Review Committee
2023 Annual Report to Securityholders (2024-03-13) Download