Wondering your thoughts on bk.to?

Hi there. Canadian Banc Corp does not contain any US banks. It simply contains the 6 largest banks here in Canada. The Big 5 and National Bank.

This is a split share fund. So in a nutshell when you buy this you have leveraged exposure to the Canadian banks.

I am usually not a fan of split corps at all. But I do have to give it to this one, it has performed admiringly well. As you mentioned, it has outperformed the index and an ETF like ZEB, which simply holds the 6 big banks without being a split corp, by a wide margin.

With leveraged exposure, the risks are obviously larger drawdowns. If we look to the COVID crash, the fund lost quite a bit more than ZEB and took nearly a year to catch up. And over the last 3 years or so, the bulk of its outperformance has been during the bull run banks made in 2021.

I don't mind this fund at all to be honest. If you want the income it's a very solid option. I am surprised that the fund only has a market cap of around $177M.

Hi there. Canadian Banc Corp does not contain any US banks. It simply contains the 6 largest banks here in Canada. The Big 5 and National Bank.

This is a split share fund. So in a nutshell when you buy this you have leveraged exposure to the Canadian banks.

I am usually not a fan of split corps at all. But I do have to give it to this one, it has performed admiringly well. As you mentioned, it has outperformed the index and an ETF like ZEB, which simply holds the 6 big banks without being a split corp, by a wide margin.

With leveraged exposure, the risks are obviously larger drawdowns. If we look to the COVID crash, the fund lost quite a bit more than ZEB and took nearly a year to catch up. And over the last 3 years or so, the bulk of its outperformance has been during the bull run banks made in 2021.

I don't mind this fund at all to be honest. If you want the income it's a very solid option. I am surprised that the fund only has a market cap of around $177M.