(As of 9/30/2024)

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)
9.46 %
YTD Return 20.44 %
NAVPS
(10/9/2024)
$19.65
Change $0.04 / 0.20 %
Growth of $10,000 (As of September 30, 2024)
MER 0.61 %
Assets ($mil) $221.94
Rank (1Yr) 20/75
Std Dev (3Yr) 19.72 %
Volatility Ranking (3Yr) 9/10
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 September 30, 2024)
Sector Allocation
(As of September 30, 2024)
Geographic Allocation
(As of September 30, 2024)
Top 10 Holdings
NameAssetSectorGeographicPercent
Manulife Financial CorpCanadian EquityFinancial ServicesCanada10.22%
Bank of MontrealCanadian EquityFinancial ServicesCanada10.16%
iA Financial Corp IncCanadian EquityFinancial ServicesCanada10.10%
National Bank of CanadaCanadian EquityFinancial ServicesCanada10.04%
Sun Life Financial IncCanadian EquityFinancial ServicesCanada10.03%
Bank of Nova ScotiaCanadian EquityFinancial ServicesCanada9.99%
Royal Bank of CanadaCanadian EquityFinancial ServicesCanada9.97%
Great-West Lifeco IncCanadian EquityFinancial ServicesCanada9.94%
Toronto-Dominion BankCanadian EquityFinancial ServicesCanada9.79%
Canadian Imperial Bank of CommerceCanadian EquityFinancial ServicesCanada9.76%

Performance Data (As of September 30, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 6.39 18.24 14.34 20.44 35.31 11.88 12.63 10.30
Benchmark 2.08 10.07 11.48 22.48 35.30 10.89 10.05 9.83
Quartile Ranking 1 1 1 2 2 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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