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Global X Equal Weight Canadian Banks Index ETF

HBNK

Annualized Distribution Yield

As at November 19, 2024

4.17%

Reasons to Consider HBNK

Canada's Lowest-Cost   Big 6 Bank ETF

Access stable dividend-paying Canadian Banks portfolio with a 0% Management Fee and 0% MER until July 31, 2024. * * as at May 1, 2024

Sector Stability

As one of Canada’s largest economic sectors, the Canadian Big Six Banks have traditionally offered a stable bastion within the broader Canadian equity landscape.

Monthly Distributions

Designed to provide a consistent monthly income with an opportunity for growth.

Investment Objective

HBNK seeks to replicate, to the extent reasonably possible and net of expenses, the performance of an index of equal-weighted equity securities of diversified Canadian banks (currently, the Solactive Equal Weight Canada Banks Index).

NAV

$25.15

$0.0902

0.36%

Volume

9,322

Price

$25.18

$0.13

0.52%

Last Close

$25.05

Annualized Distribution Yield

4.17%

Prices delayed by 15 minutes.

Last Trade: November 21, 2024
Equity
Sector
Canadian
Equity Essentials

Risk Rating:

Medium

Product Details

Fund Details

Ticker

HBNK

CUSIP

379946106

Inception Date

July 5, 2023

Net Assets

$957,311,389 As at November 19, 2024

Consolidated Prior Day Volume

47,638

Average Daily Trading Volume Over a 12 Month Period

189,730

Exchange

Toronto Stock Exchange

Investment Manager

Global X Investments Canada Inc.

Eligibility

All Registered and Non-Registered Investment Accounts

Management Fee

0.09% (Plus applicable sales tax)

Management Expense Ratio

0.00% As at December 31, 2023

Trading Expense Ratio

0.00% As at December 31, 2023

Currency

CAD

Currency Hedging

N/A

LEI

5493000KCGREB7NEAH27

Distribution Metrics

As at October 31, 2024

Most Recent Distributions per Unit

$0.08700

Annualized Distribution Yield

4.17%

12-Month Trailing Yield

4.29%

Distribution Frequency

Monthly

Record Date

October 31, 2024

Price and NAV

As at November 20, 2024

NAV / Unit

$25.15

Closing Price

$25.18

Premium Discount

$0.03

Premium Discount Percentage

0.12%

Outstanding Shares

38,202,119

The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.

The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.

Annualized Performance (%)

dates

1 mo 3 mo 6 mo YTD 1 yr 3 yr 5 yr 10 yr SIR*
Global X Equal Weight Canadian Banks Index ETF 0.77 11.24 17.86 19.70 43.96 - - - 21.36

*Fund performance since inception on July 5, 2023, as at October 31, 2024

Calendar Year Performance (%)

dates

2016 2017 2018 2019 2020 2021 2022 2023
Global X Equal Weight Canadian Banks Index ETF - - - - - - - -

Distributions

Ex-Dividend Date Record Date Payment Date Payment Amount Distribution Period
October 31, 2024 October 31, 2024 November 7, 2024 0.08700 Monthly
September 27, 2024 September 27, 2024 October 7, 2024 0.08500 Monthly
August 30, 2024 August 30, 2024 September 9, 2024 0.08500 Monthly
July 31, 2024 July 31, 2024 August 8, 2024 0.08500 Monthly
June 28, 2024 June 28, 2024 July 8, 2024 0.09000 Monthly
May 31, 2024 May 31, 2024 June 7, 2024 0.09000 Monthly
April 29, 2024 April 30, 2024 May 7, 2024 0.09000 Monthly
March 27, 2024 March 28, 2024 April 5, 2024 0.08500 Monthly
February 28, 2024 February 29, 2024 March 7, 2024 0.08500 Monthly
January 30, 2024 January 31, 2024 February 7, 2024 0.08500 Monthly

Top Holdings

As at October 31, 2024

Security Name

Weight

Bank of Montreal

17.96%

National Bank of Canada

17.12%

Canadian Imperial Bank of Commerce

16.97%

Bank of Nova Scotia

16.49%

Royal Bank of Canada

16.43%

Toronto-Dominion Bank

14.81%

Holdings are subject to change.

Commissions, management fees, and expenses all may be associated with an investment in products (the "Global X Funds") managed by Global X Investments Canada Inc. The Global X Funds are not guaranteed, their values change frequently and past performance may not be repeated. Certain Global X Funds may have exposure to leveraged investment techniques that magnify gains and losses which may result in greater volatility in value and could be subject to aggressive investment risk and price volatility risk. Such risks are described in the prospectus. The Global X Money Market Funds are not covered by the Canada Deposit Insurance Corporation, the Federal Deposit Insurance Corporation, or any other government deposit insurer. There can be no assurances that the money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the Funds will be returned to you. Past performance may not be repeated. The prospectus contains important detailed information about the Global X Funds. Please read the relevant prospectus before investing.

Global X Investments Canada Inc. ("Global X") is a wholly owned subsidiary of Mirae Asset Global Investments Co., Ltd. ("Mirae Asset"), the Korea-based asset management entity of Mirae Asset Financial Group. Global X is a corporation existing under the laws of Canada and is the manager, investment manager and trustee of the Global X Funds.

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