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Global X Equal Weight Canadian Banks Index ETF

HBNK

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

$21.53

$-0.1381

-0.64%

Volume

8,446

Price

$21.54

$-0.15

-0.69%

Last Close

$21.69

Prices delayed by 15 minutes.

Last Trade: May 29, 2024
Equity
Sector
Canadian
Equity Essentials

Risk Rating:

Medium

Product Details

Fund Details

Ticker

HBNK

CUSIP

379946106

Inception Date

July 5, 2023

Net Assets

$797,916,213 As at May 27, 2024

Consolidated Prior Day Volume

26,185

Average Daily Trading Volume Over a 12 Month Period

187,114

Exchange

Toronto Stock Exchange

Investment Manager

Global X Investments Canada Inc.

Eligibility

All Registered and Non-Registered Investment Accounts

Management Fee

Annual management fee rebated by 9 bps (0.09%) to an effective management fee of 0.00bps, or 0.00% until July 31, 2024 (Plus applicable sales tax)

Management Expense Ratio

Annual management fee rebated by 9 bps (0.09%) to an effective management fee of 0.00bps, or 0.00% until July 31, 2024 As at December 31, 2023 (The effective management expense ratio of HBNK is expected to be 0.00% for the duration of the HBNK Rebate period)

Trading Expense Ratio

0.00% As at December 31, 2023

Currency

CAD

Currency Hedging

N/A

LEI

5493000KCGREB7NEAH27

Distribution Metrics

As at April 30, 2024

Most Recent Distributions per Unit

$0.09000

Distribution Frequency

Monthly

Record Date

April 30, 2024

Price and NAV

As at May 28, 2024

NAV / Unit

$21.53

Closing Price

$21.54

Premium Discount

$0.01

Premium Discount Percentage

0.04%

Outstanding Shares

36,820,670

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.

Annualized Performance (%)

Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.

Calendar Year Performance (%)

Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.

Distributions

Ex-Dividend Date Record Date Payment Date Payment Amount Distribution Period
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 April 30, 2024

Security Name

Weight

National Bank of Canada

17.23%

Royal Bank of Canada

16.87%

Toronto-Dominion Bank

16.86%

Bank of Montreal

16.47%

Canadian Imperial Bank of Commerce

16.14%

Bank of Nova Scotia

15.69%

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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