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Overview

Fund Profile

Key Facts

Fund Ticker ZEB
Net Assets (Mn)
(Feb 14, 2020)
$ 1,045.85
Base Currency CAD
Closing Market Price $ 30.16
12-Month Low/High (Market Price) $ 27.00 / $ 30.43
Closing NAV Price
(Feb 14, 2020)
$ 30.1589
12-Month Low/High (Price (NAV)) $ 27.0135 / $ 30.4303
Annualized Distribution Yield
(Feb 07, 2020)

Annualized Distribution Yield: The most recent regular distribution, or expected distribution, (excluding additional year end distributions) annualized for frequency, divided by current NAV.

3.58%
Swap Fee -
Counterparty Exposure  -
Maximum Annual Management Fee 0.55%
Management Expense Ratio 0.62%
Market Volume 759,679
Distribution Frequency Monthly
Options Available Yes
Inception Date Oct 20, 2009
Fiscal Year-End December 31
Units Outstanding (000's) 34,678
Index Solactive Equal Weight Canada Banks Index
Market Cap ($Bn)
(Jan 31, 2020)
516.17
Exchange TSX
CUSIP 055685101
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

BMO Equal Weight Banks Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada Banks Index , net of expenses. The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index.

Benchmark Info

The Solactive Equal Weight Canada Banks Index includes Canadian exchange listed securities in the diversified bank industry. Constituents are subject to minimum market capitalization and liquidity screens. In addition, each security in this Index is allocated an equal weight rather than a market capitalization weight.

Fund Benefits

  • Designed for investors looking for growth solutions
  • Exposure to Canadian bank stocks
  • Equal weighted to lessen security specific risk
  • Professionally managed by BMO Global Asset Management

Risk Rating

  • Low
  • Low to Medium
  • Medium
  • Medium to High
  • High

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Price & Performance

Performance Chart

Growth of 10,000

Performance Details

Fund Total Assets ($Mn)
(Feb 14, 2020)
$ 1,045.85
Market Price $ 30.16
12-Month Low/High (Market Price) $ 27.00 / $ 30.43
Price (NAV) $ 30.1589
12-Month Low/High (Price (NAV)) $ 27.0135 / $ 30.4303
Distribution Frequency Monthly

Daily Prices

Unit Price as of
(Feb 14, 2020)
1 Day Change 1 Day % Change
Market Price $ 30.16 $ 0.02 0.07%
Price (NAV) $ 30.1589 $ 0.0029 0.01%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Jan 31, 2020

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 7.29% 2.63% 5.93% 10.69% 11.14% 10.54%
Index 8.01% 3.31% 6.62% 11.42% 11.88% 11.26%
Calendar Performance

Calendar Year Performance (%) for period ending: Jan 31, 2020

YTD 2019 2018 2017 2016 2015 2014 2013 2012 2011
NAV 1.13% 16.03% -8.88% 14.33% 30.76% -5.96% 13.79% 20.43% 14.56% 1.31%
Index 1.19% 16.85% -8.31% 15.05% 31.62% -5.38% 14.57% 21.30% 15.32% 1.90%
Cumulative Performance

Cumulative Performance (%) for period ending: Jan 31, 2020

YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 1.13% 1.13% 0.79% 5.06% 7.29% 5.33% 18.85% 66.19% 187.52% 180.32%
Index 1.19% 1.19% 0.97% 5.39% 8.01% 6.73% 21.19% 71.72% 207.20% 199.82%

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Tax & Distributions

Distribution History

Each BMO ETF will distribute net taxable income to investors at least once a year. A BMO ETF will have taxable income if the income generated (for example interest, dividend, capital gains, etc.) by the securities within the BMO ETF is greater than the expenses of the BMO ETF. The distributions will either be paid in cash or reinvested in the BMO ETF at the discretion of the manager. The future distribution dates for BMO ETFs may change at any time and whether or not a distribution occurs will depend on the tax characteristics of the underlying investments.

The following table lists historical distributions and includes information about the frequency dollar value and tax composition of the distribution. The tax composition of the BMO ETF distribution will be determined on a yearly basis and will only be available after the BMO ETFs tax year. This information will be reported in an official tax receipt provided to investors by their broker.


Download Distribution History (Excel)
Distribution Period

Future distribution dates may change without any prior notice.

Ex-Dividend Date Record Date Pay Date Cash Distribution Per Unit Reinvested Distribution Per Unit

Distributions by the BMO ETF that are not paid in cash should be accounted for by investors for tax purposes by adding the distribution amount to the adjusted cost base of the units held.

Total Distribution Per Unit
Jan, 2020 Jan 29, 2020 Jan 30, 2020 Feb 04, 2020 0.100000 - 0.100000
Feb, 2020 Feb 26, 2020 Feb 27, 2020 Mar 03, 2020 - - -
Mar, 2020 Mar 27, 2020 Mar 30, 2020 Apr 02, 2020 - - -
Apr, 2020 Apr 28, 2020 Apr 29, 2020 May 04, 2020 - - -
May, 2020 May 27, 2020 May 28, 2020 Jun 02, 2020 - - -
Jun, 2020 Jun 26, 2020 Jun 29, 2020 Jul 06, 2020 - - -
Jul, 2020 Jul 29, 2020 Jul 30, 2020 Aug 05, 2020 - - -
Aug, 2020 Aug 27, 2020 Aug 28, 2020 Sep 02, 2020 - - -
Sep, 2020 Sep 28, 2020 Sep 29, 2020 Oct 02, 2020 - - -
Oct, 2020 Oct 28, 2020 Oct 29, 2020 Nov 03, 2020 - - -
Nov, 2020 Nov 26, 2020 Nov 30, 2020 Dec 02, 2020 - - -
Dec, 2020 Dec 29, 2020 Dec 30, 2020 Jan 05, 2021 - - -
Download Distribution Tax (Excel)
Distribution Period Eligible Dividends Non Eligible Dividends Other Income Capital Gains Return of Capital Foreign Income Foreign Tax Paid Total Distribution per Unit for Tax Purpose

The exact tax treatment of the distributions for a calendar year is calculated after the BMO ETF's tax year-end. As a result investors will receive an official tax statement from their broker detailing the type of income they have to report for tax purposes for the entire year and not for each distribution.

- - - - - - - - -

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Holdings & Allocations

Daily Holdings

As of Feb 13, 2020

Stock

99.81%

Cash and Cash Equivalents

0.19%

Number of Holdings

7

Total Net Assets

$ 1,045,849,173.00


Download Holdings (Excel)
No column selected.
Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
18.29% NATIONAL BANK OF CANADA CA6330671034 NA 2,586,679 CAD 190,689,976 Financials Stock
16.88% BANK OF MONTREAL CA0636711016 BMO 1,729,839 CAD 176,011,118 Financials Stock
16.47% ROYAL BANK OF CANADA CA7800871021 RY 1,585,687 CAD 171,745,759 Financials Stock
16.27% CANADIAN IMPERIAL BANK OF COMMERCE CA1360691010 CM 1,533,690 CAD 169,656,788 Financials Stock
15.95% BANK OF NOVA SCOTIA/THE CA0641491075 BNS 2,226,120 CAD 166,268,903 Financials Stock
15.95% TORONTO-DOMINION BANK/THE CA8911605092 TD 2,218,959 CAD 166,355,356 Financials Stock
0.19% CASH - - 1 CAD 2,006,180 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

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