BCIL ETF — Holdings & Analysis

With an expense ratio of 0.80%, BCIL differentiates itself through active stock selection and a concentrated portfolio of approximately 30 holdings, emphasizing sectors like Industrials and Consumer Defensive.

Bancreek International Large Cap ETF (BCIL) ETF — Price, Holdings & Analysis

The Bancreek International Large Cap ETF (BCIL) is an actively managed equity ETF with $0.05 billion in assets under management. Launched in March 2024, BCIL focuses on long-term capital appreciation through investments in large-cap companies located outside the United States. With an expense ratio of 0.80%, BCIL differentiates itself through active stock selection and a concentrated portfolio of approximately 30 holdings, emphasizing sectors like Industrials and Consumer Defensive.

ETF Overview

The Bancreek International Large Cap ETF is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing in securities of large capitalization issuers located outside of the United States.

The Bancreek International Large Cap ETF (BCIL) aims for long-term capital appreciation by investing in large-cap companies located outside the United States. As an actively managed fund, BCIL's investment strategy involves the fund managers selecting specific stocks they believe will outperform the market. The fund holds a concentrated portfolio of around 30 stocks, allowing for potentially higher returns but also increased risk. The fund's top holdings include Coca-Cola HBC AG (4.40%), Sanwa Holdings Corp (4.35%), and Safran SA (4.24%). BCIL's sector allocation is heavily weighted towards Industrials (39.5%) and Consumer Defensive (18.6%), with significant exposure to Financial Services (11.2%) and Basic Materials (9.9%). The fund also has notable geographic exposure to Japan (16.6%), Switzerland (9.0%), and Germany (10.0%). This targeted approach distinguishes BCIL from passively managed international equity ETFs that typically offer broader diversification.

Risk Metrics

BCIL's concentrated portfolio of approximately 30 holdings introduces concentration risk, as the performance of a few key stocks can significantly impact the fund's overall returns. The fund's heavy allocation to the Industrials sector (39.5%) also exposes it to sector-specific risks. With a beta of 0.00 (3Y), BCIL has demonstrated very low volatility relative to the broader market, but this may not persist. The fund's expense ratio of 0.80% is higher than the category average, which can create a drag on returns, especially in periods of lower market performance. Investors should carefully consider these factors when evaluating BCIL's risk profile. Past performance does not guarantee future results.

Expense Ratio

0.80%

What does BCIL hold?

Holding	Weight
Coca-Cola HBC AG (CCH.L)	4.40%
Sanwa Holdings Corp (5929.T)	4.35%
Safran SA (SAF.PA)	4.24%
Dollarama Inc (DOL.TO)	4.06%
Industria De Diseno Textil SA Share From Split (ITX.MC)	3.93%
Imperial Brands PLC (IMB.L)	3.91%
Singapore Technologies Engineering Ltd (S63.SI)	3.81%
Indra Sistemas SA SHS Class -A- (IDR.MC)	3.59%
Element Fleet Management Corp (EFN.TO)	3.52%
Keppel Ltd (BN4.SI)	3.43%

How Is the Fund Allocated?

Sector	Weight
Industrials	39.5%
Consumer Defensive	18.6%
Financial Services	11.2%
Basic Materials	9.9%
Consumer Cyclical	7.0%
Technology	3.7%
Communication Services	3.5%
Utilities	3.3%
Healthcare	3.3%

Country	Weight
Japan	16.6%
Netherlands	6.6%
Belgium	2.9%
Switzerland	9.0%
Germany	10.0%
United Kingdom	16.9%
Other	7.0%
Canada	16.3%
Australia	8.1%
France	3.4%

Dividend Yield

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Risk Metrics

Beta: 0.00

Questions & Answers

What is BCIL and what does it track?

The Bancreek International Large Cap ETF (BCIL) is an actively managed exchange-traded fund that seeks long-term capital appreciation. Launched in March 2024, BCIL invests primarily in securities of large-capitalization companies located outside of the United States.

What is the expense ratio for BCIL?

The expense ratio for the Bancreek International Large Cap ETF (BCIL) is 0.80%. This means that for every $10,000 invested in the fund, $80 is used to cover the fund's operating expenses.

While this provides active management and stock selection, the 0.80% expense ratio is higher than the average expense ratio for equity ETFs, which is around 0.44%.

What are the top holdings in BCIL?

As of 2026-03-15, the top holdings in the Bancreek International Large Cap ETF (BCIL) are: Coca-Cola HBC AG (CCH.L) at 4.40%, Sanwa Holdings Corp (5929.T) at 4.35%, and Safran SA (SAF.PA) at 4.24%.

Other significant holdings include Dollarama Inc (DOL.TO) at 4.06% and Industria De Diseno Textil SA Share From Split (ITX.MC) at 3.93%.

Is BCIL a good long-term investment?

Whether BCIL is a suitable long-term investment depends on an individual investor's risk tolerance, investment goals, and time horizon. BCIL's active management approach and concentrated portfolio can potentially lead to higher returns, but also introduces greater volatility.

The fund's expense ratio of 0.80% is a factor to consider, as it can impact long-term returns.

How does BCIL compare to similar ETFs?

BCIL distinguishes itself from similar international large-cap ETFs through its active management and concentrated portfolio strategy. Many competing ETFs are passively managed and track broad market indexes, offering wider diversification but potentially lower returns.

BCIL's expense ratio of 0.80% is higher than many passively managed international equity ETFs, which often have expense ratios below 0.20%.

Does BCIL pay dividends?

As of 2026-03-15, the Bancreek International Large Cap ETF (BCIL) has a dividend yield of 0.00%. This indicates that the fund is not currently distributing any dividends to its shareholders.

Investors seeking income from their investments may find BCIL less attractive compared to other ETFs that offer regular dividend payments. The fund's focus on capital appreciation rather than income generation explains its current lack of dividend distributions.