Key stats
About GLOBAL X EQUAL WEIGHT CDN BK COVERE CL E UNIT
Home page
Inception date
May 16, 2011
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund provides exposure to an equal-weighted index that invests in stocks of Canadian banks. These banks must be primarily listed on the TSX and are classified by FactSet Industries as Major Banks or Regional Banks. To be eligible for inclusion, companies should meet instability and liquidity requirements. The underlying index rebalances semi-annually in March and September. The fund may hold constituent securities of the underlying index or may opt to invest in ETFs. The fund utilizes a covered call option strategy that will generally write out of the money call options, on up to approximately 50% of the value of its portfolio. Prior to June 24, 2022, the fund was an actively fund.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
ETF
Stocks53.95%
Finance52.99%
Bonds, Cash & Other46.05%
ETF47.00%
Cash0.86%
Rights & Warrants−1.82%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BKCC top holdings are Global X Equal Weight Canadian Banks Index ETF Trust Units A and Canadian Imperial Bank of Commerce, occupying 47.00% and 9.47% of the portfolio correspondingly.
BKCC last dividends amounted to 0.14 CAD. The month before, the issuer paid 0.14 CAD in dividends,
BKCC assets under management is 222.60 M CAD. It's risen 8.39% over the last month.
BKCC fund flows account for 64.73 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BKCC pays dividends to its holders with the dividend yield of 12.51%. The last dividend (May 7, 2025) amounted to 0.14 CAD. The dividends are paid monthly.
BKCC shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on May 16, 2011, and its management style is Active.
BKCC expense ratio is 1.05% meaning you'd have to pay 1.05% of your investment to help manage the fund.
BKCC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BKCC invests in stocks.
BKCC price has risen by 5.61% over the last month, and its yearly performance shows a 1.78% increase. See more dynamics on BKCC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.93% over the last month, showed a 1.32% increase in three-month performance and has increased by 14.07% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.93% over the last month, showed a 1.32% increase in three-month performance and has increased by 14.07% in a year.
BKCC trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.