iShares Equal Weight Banc & Lifeco ETF (TSX:CEW)

iShares Equal Weight Banc & Lifeco ETF is an exchange traded fund launched and managed by BlackRock Asset Management Canada Limited. It is co-managed by BlackRock Institutional Trust Company, N.A. The fund invests in the public equity markets of Canada. It seeks to invest in stocks of companies operating in the banking and insurance sector. The fund seeks to invest in stocks of large-cap companies having minimum market capitalizations of $5 billion for banks and $1.5 billion for life insurance companies. iShares Equal Weight Banc & Lifeco ETF was formed on April 30, 2007 and is domiciled in Canada.