ETF NEWS - ULTUMUS

Global ETF Monitor -14 August 2017

Written by Ultumus | 14 August 2017

Americas

Hamilton Capital will be listing a US dollar version of its actively managed bank-tracking ETF in Canada (HBG/U). 

Like its CAD-denominated counterpart, HBG/U will be made up of equity in banks and other deposit taking institutions from around the world. HGB/U is expected to hold stocks from 40 to 60 banks. Around 50% of banks chosen will be from North America, 25% from Europe, and 25% from elsewhere.