(As of 4/30/2024)

iShares Equal Weight Banc & Lifeco ETF (CEW)

(Financial Services Equity)
FundGrade A+® Rating recipient
For more information about FundGrade click here






Inception Return
(2/6/2008)
8.53 %
YTD Return 0.95 %
NAVPS
(5/27/2024)
$17.46
Change $0.03 / 0.19 %
Growth of $10,000 (As of April 30, 2024)
MER 0.61 %
Assets ($mil) $190.00
Rank (1Yr) 40/71
Std Dev (3Yr) 19.72 %
Volatility Ranking (3Yr) 8/10
RRSP Eligibility Yes
Load No Load
Max Front End -
Max Back End -
Sales Status Open
 
Objective
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.
Fund Manager

BlackRock Asset Management Canada Limited

Portfolio Manager

BlackRock Canada

Sub-Advisor

BlackRock Institutional Trust Company, N.A.

 
Asset Allocation
(As of April 30, 2024)
Sector Allocation
(As of April 30, 2024)
Geographic Allocation
(As of April 30, 2024)
Top 10 Holdings
NameAssetSectorGeographicPercent
Toronto-Dominion BankCanadian EquityFinancial ServicesCanada10.20%
Great-West Lifeco IncCanadian EquityFinancial ServicesCanada10.18%
Sun Life Financial IncCanadian EquityFinancial ServicesCanada10.07%
Manulife Financial CorpCanadian EquityFinancial ServicesCanada10.06%
Royal Bank of CanadaCanadian EquityFinancial ServicesCanada10.03%
iA Financial Corp IncCanadian EquityFinancial ServicesCanada9.95%
Bank of Nova ScotiaCanadian EquityFinancial ServicesCanada9.93%
National Bank of CanadaCanadian EquityFinancial ServicesCanada9.92%
Bank of MontrealCanadian EquityFinancial ServicesCanada9.83%
Canadian Imperial Bank of CommerceCanadian EquityFinancial ServicesCanada9.82%

Performance Data (As of April 30, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -4.16 1.42 19.33 0.95 8.84 7.17 9.26 9.16
Benchmark -1.77 6.54 20.24 7.93 19.37 8.25 7.04 8.83
Quartile Ranking 4 4 3 4 3 1 1 2

Calendar Return (%) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund 16.86 -6.50 33.74 -0.56 25.61 -12.68 12.21 26.09 -2.51 10.77
Benchmark 13.41 -5.68 22.05 -5.24 19.43 -4.99 15.24 6.34 14.20 14.35
Quartile Ranking 1 1 2 3 2 4 3 1 3 4

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