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BMO Equal Weight U.S. Banks Index ETF T.ZBK

The ETF seeks to replicate, to the extent possible, the performance of a U.S. large capitalization banks index representing U.S. banks included in a U.S. bank sector or subsector industry classification, net of expenses. Currently, the ETF seeks to replicate the performance of the Solactive Equal Weight US Bank Index (the Index) The investment strategy of the ETF is to invest in and hold the constituent securities of the Index in the same proportion as they are reflected in the Index. The Manager may also use a sampling methodology in selecting investments for the ETF. As an alternative to or in conjunction with investing in and holding the constituent securities, the ETF may invest in or use certain Other Securities (as defined in the prospectus) to obtain exposure to the performance of the Index.


TSX:ZBK - Post by User

BMO Equal Weight U.S. Banks Index ETF > Got to be near the bottom..
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Post by 1condoron Dec 04, 2023 1:53pm
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Post# 35767454

Got to be near the bottom..

Got to be near the bottom..I took a position in this ETF just over a week ago. U.S. banks are trading in the gutter and susupect as the interest rate environment improves that this ETF should do very well.
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