Hamilton Australian Bank Equal-Weight Index ETF (HBA.TO) TSX

31.27

-0.09(-0.29%)

Updated at October 24 01:22PM

Currency In CAD

Hamilton Australian Bank Equal-Weight Index ETF

Address

Canada

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

June 29, 2020

Key Executives

N/A

Description

The fund offers extremely concentrated exposure to the five biggest banks in Australia, selected based on free float market capitalization. These five banks hold an equal weight in the funds portfolio, making it a very narrow take on Australias financial sector. The fund is rebalanced semi-annually while distributions are made quarterly.