FMP
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.
29.41 CAD
0.35 (1.19%)
Valuation Date:
Apr 24, 2024 3:55 PM
Share Price on Valuation Date
$29.41
Stock Beta
1.53
Shares Outstanding
24573234