Objective

The Banks folio was developed for investors seeking aggressive growth with significant volatility.

Strategy

The Banks folio consists of the largest companies that are principally engaged in banking. Companies range from small regional banks to large international banking conglomerates.

The exposure of the folio to both domestic and international banking companies could provide added diversification but may also make the folio more volatile than if it only held banks in established economies.

Last Updated: December 8, 2016

Category: Sector/Industry
Inception Date: 2000-04-05 00:00:00.0
Date Funded: 2009-08-28*

Folio S&P 500 Total Return
One-Month 11.15% 5.2%
Three-Month 11.77% 3.54%
Year-to-Date 15.92% 12.21%
One-Year 14.56% 11.25%
Three-Year (Annualized) 4.19% 9.84%
Five-Year (Annualized) 10.85% 15.15%
Since Inception 5.24% N/A
Volatility 24.08% 13.68%

Past performance is no guarantee of future results.
See how returns are calculated

* Returns reflect model performance from the Inception Date to the Date Funded, and funded performance since the Date Funded, if funded. Your returns may deviate significantly from the values displayed here, due to many factors, including how long after a strategy has been updated that you place orders to update your holdings.

#SymbolCompanyWeight
(% of Folio)
1BACbank of america corporation3.33%
2BBDbanco bradesco s a adr pfd3.33%
3BBDObanco bradesco s a sponsored adr3.33%
4BBTbb&t corp3.33%
5BBVAbanco bilbao vizcaya argentari adr3.33%
6BCSbarclays plc adr3.33%
7BKbank of new york mellon corp3.33%
8BMObank montreal que3.33%
9BNSbank nova scotia halifax3.34%
10Ccitigroup inc3.34%
11CMcdn imperial bk of commerce3.33%
12CScredit suisse group adr3.33%
13HDBhdfc bank ltd adr reps 3 shs3.33%
14HSBChsbc hldgs plc adr new3.33%
15IBNicici bk ltd adr3.34%
16ITUBitau unibanco holding s.a. adr3.34%
17JPMj p morgan chase & co3.34%
18LYGlloyds banking group plc3.34%
19MFGmizuho finl group inc sponsored adr3.33%
20MTUmitsubishi ufj finl group inc sponsored3.34%
21PNCpnc financial services group3.34%
22RYroyal bk cda montreal que3.33%
23SANbanco santander sa adr3.33%
24SMFGsumitomo mitsui finl group inc sponsored3.33%
25STIsuntrust bks inc3.33%
26STTstate str corp3.33%
27TDtoronto dominion bk ont new3.33%
28USBus bancorp del3.34%
29WBKwestpac bkg corp adr3.33%
30WFCwells fargo & co new3.34%

Steps to Create This Folio

  1. We selected securities with primary business operations in the Banking industry, as defined by Zacks Investment Research.
  2. We ranked the securities according to market capitalization and selected the 30 securities with the highest market capitalizations.
  3. We equally weighted all securities in the folio.

Number of Securities

There are generally 30 securities in the folio.

Update Frequency

Quarterly.

If the characteristics of the folio have changed substantially, the securities included may change. Also, corporate actions, such as a merger, or other events may cause changes to the securities held at any time. Your returns may deviate significantly from the values displayed here, due to many factors, including how long after a folio has been updated that you place orders to update your holdings.