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Global X Equal Weight U.S. Banks Index ETF

UBNK

Reasons to Consider UBNK

Access the Leading U.S. Banks

UBNK offers equal-weighted exposure to the largest U.S.-listed banks. This strategy helps ensure balanced diversification across major industry players, mitigating concentration risk associated with market-cap-weighted indices.

Benefiting from Rising Interest Rates

U.S. banks often experience improved profitability in rising interest rate environments. Higher interest rates typically expand net interest margins, potentially enhancing earnings growth and investor returns.

Exposure to U.S. Economic Growth

Banks are closely tied to economic expansion, directly benefiting from increased lending, consumer spending, and business investments. UBNK strategically positions investors to benefit from broader U.S. economic growth trends while potentially capitalizing on favorable market conditions.

Investment Objective

UBNK seeks to replicate, to the extent reasonably possible and net of expenses, the performance of an equal-weighted index designed to provide exposure to the largest banks in the United States (currently, the Mirae Asset Equal Weight U.S. Banks Index).

NAV

$20.20

$20.1985

0.00%

Price

$20.08

$0.00

0.00%

Prices delayed by 15 minutes.

Last Trade: April 30, 2025
Developed
Equity
U.S.
Sectors
Thematic

Risk Rating:

Medium to High

Product Details

Fund Details

Ticker

UBNK

CUSIP

37965P109

Inception Date

April 30, 2025

Net Assets

$2,019,868 As at April 29, 2025

Exchange

Toronto Stock Exchange

Investment Manager

Global X Investments Canada Inc.

Eligibility

All Registered and Non-Registered Investment Accounts

Management Fee

0.25% (Plus applicable sales tax)

Management Expense Ratio

N/A (New ETF)

Trading Expense Ratio

N/A (New ETF)

Currency

CAD

Currency Hedging

N/A

LEI

894500MDVT5JG738MU85

Price and NAV

As at April 29, 2025

NAV / Unit

$20.20

Outstanding Shares

100,001

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.

Top Holdings

As at April 29, 2025

Security Name

Weight

JPMorgan Chase & Co

17.19%

Goldman Sachs Group Inc

16.55%

Morgan Stanley

16.46%

Wells Fargo & Co

16.40%

Citigroup Inc

16.36%

Bank of America Corp

15.98%

CASH

0.99%

US DOLLAR

0.07%

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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