Investor suitability

For those who:

  • want equity exposure to Canada's 6 largest banks
  • want the potential for high income generation
  • want to receive regular quarterly cash flows (if any)
  • are investing for the medium and/or long term
  • can tolerate medium risk

Fund overview

The fund’s investment objective is to provide shareholders with (i) regular distributions; (ii) the opportunity for capital appreciation; and (iii) lower overall volatility of portfolio returns than would be experienced by owning a portfolio of common shares of the Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, The Bank of Nova Scotia and The Toronto-Dominion Bank directly.


Fund/ETF Facts (2024-05-30)

Inception date

2023-02-21

Asset class

Sector Equity

Income distribution

Quarterly

Minimum investment

$500 initial/$25 additional

Growth of $10,000