iShares Equal Weight Banc & Lifeco ETF

NAVPS

NAVPS:

$14.54

Change

-$0.27 (-1.85%)

As at 10-03-2023
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iShares Equal Weight Banc & Lifeco ETF

Compare to:

Inception Return
(02-06-2008)

8.12%

YTD Return

5.23%

NAVPS
(10-03-2023)

$14.54
-$0.27 (-1.85%)

MER

0.55%

Assets ($mil)

$188

1 Yr Return

8.95%

Registered Plan Eligible

Yes

Load

No Load

CIFSC Category

Financial Services Equity

Share Class

Do-It-Yourself

Fund Codes

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.

Portfolio Manager

BlackRock Canada
02-06-2008

BlackRock Institutional Trust Company, N.A.
02-06-2008

Investment Minimums

RSP Eligible

Yes

PAC Allowed

Yes

PAC Initial Investment

50

PAC Subsequent

50

SWP Allowed

Yes

SWP Min Balance

5,000

SWP Min Withdrawal

50

Fees

MER

0.55%

Management Fee

0.55%

FE Max

-

DSC Max

-

LL Max

-

Trailer Fee Max (FEE)

-

Trailer Fee Max (DSC)

-

Trailer Fee Max (NL)

0.00%

Trailer Fee Max (LL)

-

Management and Organization

Fund Manager

BlackRock Asset Management Canada Limited

Advisor

BlackRock Canada

Custodian

State Street Trust Company Canada

Registrar

State Street Trust Company Canada

Distributor

-

Auditor

PriceWaterhouseCoopers LLP

As at August 31, 2023

Inception Return
(02-06-2008)

8.12%

YTD Return

5.23%

NAVPS (10-03-2023)

$14.54
$0.27 / -1.85%

Best Month

17.76%

Worst Month

-19.75%

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