iShares Equal Weight Banc Lifeco ETF Review (CEW) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 67/100
This equity ETF has an MER of 0.61%. With higher than average fees, it’s a premium option. Managing 80 million in assets, it’s less popular among investors. Suitable for those seeking growth with a medium to high risk tolerance.
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.

CEW trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The iShares Equal Weight Banc Lifeco (CEW) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.  

What is the iShares Equal Weight Banc Lifeco ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.61%. This ETF trades on the TSX exchange.

CEW stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $80MM

Expense Ratio: 0.61%

Price: $17.78 (Updated: 3/7/2024)

iShares Equal Weight Banc Lifeco (CEW) Top 10 Holdings

Company NameSymbolAssets %
National Bank of CanadaNA10.2801
Sun Life Financial Inc.SLF10.24257
Great-West Lifeco Inc.GWO10.24106
Manulife Financial CorpMFC10.19475
iA Financial Corporation IncIAG10.09312
Bank of Nova ScotiaBNS9.89786
Royal Bank of CanadaRY9.79862
Bank of MontrealBMO9.7294
Canadian Imperial Bank Of CommerceCM9.65839
Toronto Dominion BankTD9.6223

iShares Equal Weight Banc Lifeco (CEW) Breakdown by Market Cap


iShares Equal Weight Banc Lifeco (CEW) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials00
Consumer Cyclicals00
Financial Services10099.72596
Real Estate00.01597
Communication Services00
Consumer Defensive00

iShares Equal Weight Banc Lifeco (CEW) Geographic Breakdown

RegionEquity %Relative to Category
North America10097.533
United Kingdom00.38775
Europe Developed00.941
Europe Emerging00.001
Africa/Middle East00.006
Asia Developed00.097
Asia Emerging00.067
Latin America00.016

CEW Management Expense Ratio

CEW has a management expense ratio of  0.61% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  

How to Buy  iShares Equal Weight Banc Lifeco TSX ETF

You can buy  CEW on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:  
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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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