iShares Equal Weight Banc & Lifeco ETF
(CEW:TSX)

Close

$15.60

Change

$0.05 (0.29%)

Open

$15.52

Day High

$15.60

Day Low

$15.50

Volume

6,119

As at 05-17-2021
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iShares Equal Weight Banc & Lifeco ETF

Compare to:

Inception Return
(02-06-2008)

8.85%

Assets ($mil)

$202

NAVPS
(05-17-2021)

$15.60
$0.04 (0.28%)

MER

0.61%

YTD Return

19.85%

1 Yr Return

56.81%

52 Week Low

$9.37

52 Week High

$15.60

Annual Dividend

$0.47

Annual Yield

-

Index

-

Shares Outstanding

-

Registered Plan Eligible

Yes

CIFSC Category

Financial Services Equity

Share Class

Do-It-Yourself

Fund Details

Classification

Exchange Traded Fund

Legal Status

Trust

Sales Status

Open

Currency

CAD

Start Date

February 06, 2008

Distribution Frequency

Monthly

Investment Objectives

CEW's investment objective is to provide unitholders with a diversified equal weighted investment in a portfolio of common shares of the largest Canadian banks and Canadian life insurance companies. Cash distributions on the Common units and Advisor Class Units of CEW are expected to be made monthly and will be derived from dividends received by CEW on the CEW Portfolio. Such distributions may also include capital gains and returns of capital.

Investment Strategy

The passive equal weighting approach is intended to reduce the risks to investors of increasing exposure to any single investment. Constituent Issuers are selected for inclusion in the CEW Portfolio based on the following criteria: (i) the minimum market capitalization of such an issuer is $5 billion for banks and $1.5 billion for life insurance companies and (ii) the issuer must be a Canadian bank or a Canadian life insurance company.

Fees

MER

0.61%

Management Fee

0.61%

ETF Characteristics

Exposure

1x performance

Asset Class High

-

Asset Class Medium

-

Asset Class Low

-

Leveraged

-

Inverse

-

Advisor Series

-

Covered Call Strategy

No

Management and Organization

Fund Manager

BlackRock Institutional Trust Company, N.A., BlackRock Canada

Advisor

BlackRock Canada

Custodian

State Street Trust Company Canada

Registrar

State Street Trust Company Canada

Distributor

-

Auditor

PriceWaterhouseCoopers LLP

As at April 30, 2021

Inception Return
(02-06-2008)

8.85%

YTD Return

19.85%

NAVPS (05-17-2021)

$15.60

Best Month

17.76%

Worst Month

-19.75%

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