Hamilton Canadian Bank
Equal-Weight Index ETF
Low-Cost Canadian Bank ETF
HIGHLIGHTS
Low-cost Canadian bank ETF
5.26% yield*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 June 30, 2023; 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.
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 June 30, 2023. Source: Bloomberg, Solactive AG, Hamilton ETFs
Low-Cost Canadian Bank ETF
- TICKER HEB
- NAV $16.48
- 1 DAY CHANGE +$0.07
-
YIELD *
Current annualized yield, as at June 30, 2023
5.26% - ASSETS $649.3M
- Overview
- Distributions
- Documents
| ticker | name | weight |
| CM | Canadian Imperial Bank of Commerce | 17.5% |
| NA | National Bank of Canada | 17.1% |
| BMO | Bank of Montreal | 17.0% |
| RY | Royal Bank of Canada | 16.8% |
| TD | Toronto-Dominion Bank | 15.5% |
| BNS | Bank of Nova Scotia | 15.2% |
| 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 | $649.3M CAD* |
| Current Annualized Yield | 5.26%* |
| Distributions | Monthly |
| Rebalancing | Semi-Annually |
| Management Fee | 0.19% |
| Risk Rating | Medium |
| Auditor | KPMG LLP |
| Legal Entity Identifier | 549300093ISLOKV5JH04 |
| Ex-Dividend Date | Paid | Frequency | Amount |
|---|---|---|---|
| 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 |
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 (2023-06-30) English Français
ETF Facts
HEB ETF Facts (2023-03-27) English Français
Prospectus
HEB Prospectus (2023-03-27) English Français
Independent Review Committee
2022 Annual Report to Securityholders (2023-03-21) Download