FMP
BMO Equal Weight US Banks Index ETF
ZBK.TO
TSX
The fund is passively managed to provide exposure to the large-cap banking segment of the US financials sector. This includes commercial banks, savings institutions, and diversified investment. To be eligible for inclusion, companies must meet investability and liquidity requirements, including a minimum market capitalization of $10 billion. The index weights the resulting portfolio equally, instead of by market-cap, which lowers single-name blow-up risk and may cause a tilt to smaller firms. The index is reconstituted on a semi-annual basis.
28.83 CAD
0.49 (1.7%)
About
ceo
N/A
sector
Financial Services
industry
Asset Management
website
N/A
exchange
TSX
Description
The fund is passively managed to provide exposure to the large-cap banking segment of the US financials sector. This includes commercial banks, savings institutions, and diversified investment. To be eligible for inclusion, companies must meet investability and liquidity requirements, including a minimum market capitalization of $10 billion. The index weights the resulting portfolio equally, instead of by market-cap, which lowers single-name blow-up risk and may cause a tilt to smaller firms. The index is reconstituted on a semi-annual basis.
CIK
N/A
ISIN
CA05590V1067
CUSIP
N/A
Address
N/A
Phone
NA
Country
CA
Employee
N/A
IPO Date
Feb 14, 2014
Key Executives
