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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

$23.90

$-0.0263

-0.11%

Volume

200

Price

$23.91

$2.23

10.29%

Last Close

$21.68

Prices delayed by 15 minutes.

Last Trade: July 2, 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

$4,780,564 As at June 30, 2025

Average Daily Trading Volume Over a 12 Month Period

1,843

Exchange

Toronto Stock Exchange

Investment Manager

Global X Investments Canada Inc.

Eligibility

All Registered and Non-Registered Investment Accounts

Bloomberg Index Ticker

MAUBNKCN

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

Distribution Metrics

As at June 30, 2025

Most Recent Distributions per Unit

$0.11000

Distribution Frequency

Quarterly

Record Date

June 30, 2025

Price and NAV

As at June 30, 2025

NAV / Unit

$23.90

Closing Price

$23.96

Premium Discount

$0.06

Premium Discount Percentage

0.24%

Outstanding Shares

200,000

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
June 30, 2025 June 30, 2025 July 8, 2025 0.11000 Quarterly

Top Holdings

As at June 30, 2025

Security Name

Weight

Goldman Sachs Group Inc

17.82%

JPMorgan Chase & Co

17.01%

Citigroup Inc

16.89%

Morgan Stanley

16.67%

Bank of America Corp

15.79%

Wells Fargo & Co

15.43%

US DOLLAR

0.23%

CASH

0.18%

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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