loading...
Overview

Fund Profile

Key Facts

Key Facts table has 23 rows
Fund Ticker ZEB
Net Assets (Mn)
(Mar 02, 2021)
$ 1,599.39
Base Currency CAD
Closing Market Price $ 31.87
12-Month Low/High (Market Price) $ 18.15 / $ 31.87
Closing NAV Price
(Mar 02, 2021)
$ 31.8744
12-Month Low/High (Price (NAV)) $ 18.1510 / $ 31.8744
Annualized Distribution Yield
(Feb 19, 2021)

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

Footnote
3.93%
Swap Fee -
Counterparty Exposure  -
Maximum Annual Management Fee 0.55%
Management Expense Ratio 0.61%
Market Volume 3,934,997
Distribution Frequency Monthly
Options Available Yes
Inception Date Oct 20, 2009
Fiscal Year-End December 31
Units Outstanding (000's) 50,178
Index Solactive Equal Weight Canada Banks Index
Market Cap ($Bn)
(Jan 29, 2021)
506.83
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

Download

Price & Performance

Performance Chart

Growth of 10,000

Performance Details

Performance details table has 6 columns. Table columns are Fund Total Assets ($Mn)<br>(Mar 02, 2021), Market Price, 12-Month Low/High (Market Price), Price (NAV), 12-Month Low/High (Price (NAV)) , Distribution Frequency
Fund Total Assets ($Mn)
(Mar 02, 2021)
$ 1,599.39
Market Price $ 31.87
12-Month Low/High (Market Price) $ 18.15 / $ 31.87
Price (NAV) $ 31.8744
12-Month Low/High (Price (NAV)) $ 18.1510 / $ 31.8744
Distribution Frequency Monthly

Daily Prices

Daily prices table has 2 columns. Table columns are 1 Day Change, 1 Day % Change
Unit Price as of
(Mar 02, 2021)
1 Day Change 1 Day % Change
Market Price $ 31.87 $ 0.31 0.98%
Price (NAV) $ 31.8744 $ 0.3075 0.97%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Feb 26, 2021

Annualized performance table has 6 columns. Table columns are 1 Year, 2 Year, 3 Year, 5 Year, 10 Year, Since Inception
1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 17.73% 8.37% 6.48% 13.09% 9.44% 10.52%
Index 18.52% 9.10% 7.21% 13.85% 10.15% 11.25%
Calendar Performance

Calendar Year Performance (%) for period ending: Feb 26, 2021

Calendar year performance table has 10 columns. Table columns are YTD, 2020, 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012
YTD 2020 2019 2018 2017 2016 2015 2014 2013 2012
NAV 8.37% 3.72% 16.03% -8.88% 14.33% 30.76% -5.96% 13.79% 20.43% 14.56%
Index 8.50% 4.43% 16.85% -8.31% 15.05% 31.62% -5.38% 14.57% 21.30% 15.32%
Cumulative Performance

Cumulative Performance (%) for period ending: Feb 26, 2021

Cumulative performance table has 10 columns. Table columns are YTD, 1 Mo, 3 Mo, 6 Mo, 1 Year, 2 Year, 3 Year, 5 Year, 10 Year, Since Inception
YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 8.37% 8.05% 11.36% 21.02% 17.73% 17.44% 20.73% 85.00% 146.40% 211.58%
Index 8.50% 8.11% 11.53% 21.42% 18.52% 19.03% 23.21% 91.27% 162.91% 235.70%

Download

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 history table has 7 columns. Table columns are Distribution Period, Ex-Dividend Date, Record Date, Pay Date, Cash Distribution Per Unit, Reinvested Distribution Per Unit, Total Distribution Per Unit
Distribution Period

Future distribution dates may change without any prior notice.

Footnote
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.

Footnote
Total Distribution Per Unit
Jan, 2021 Jan 27, 2021 Jan 28, 2021 Feb 02, 2021 0.100000 0.000000 0.100000
Feb, 2021 Feb 24, 2021 Feb 25, 2021 Mar 02, 2021 0.100000 0.000000 0.100000
Mar, 2021 Mar 29, 2021 Mar 30, 2021 Apr 05, 2021 - - -
Apr, 2021 Apr 28, 2021 Apr 29, 2021 May 04, 2021 - - -
May, 2021 May 26, 2021 May 27, 2021 Jun 02, 2021 - - -
Jun, 2021 Jun 28, 2021 Jun 29, 2021 Jul 06, 2021 - - -
Jul, 2021 Jul 28, 2021 Jul 29, 2021 Aug 04, 2021 - - -
Aug, 2021 Aug 27, 2021 Aug 30, 2021 Sep 02, 2021 - - -
Sep, 2021 Sep 28, 2021 Sep 29, 2021 Oct 04, 2021 - - -
Oct, 2021 Oct 27, 2021 Oct 28, 2021 Nov 02, 2021 - - -
Nov, 2021 Nov 26, 2021 Nov 29, 2021 Dec 02, 2021 - - -
Dec, 2021 Dec 29, 2021 Dec 30, 2021 Jan 05, 2022 - - -
Download Distribution Tax (Excel)
Distribution tax table has 9 columns. Table columns are Distribution Period, Eligible Dividends, Non Eligible Dividends, Other Income, Capital Gains, Return on Capital, Foreign Income, Foreign Tax Paid, Total Distribution per Unit for Tax Purpose
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.

Footnote
- - - - - - - - -

Download

Holdings & Allocations

Daily Holdings

As of Mar 02, 2021

Stock

100.09%

Cash and Cash Equivalents

-0.09%

Number of Holdings

7

Total Net Assets

$ 1,599,390,544.00


Download Holdings (Excel)
No column selected.
Daily holdings table has 9 columns. Table columns are Weight (%), Name, ISIN, Bloomberg Ticker, Number of Shares, Currency, Base Market Value, Sector, Asset Class
Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
18.79% BANK OF NOVA SCOTIA/THE CA0641491075 BNS 3,921,594 CAD 300,550,964 Financials Stock
18.11% BANK OF MONTREAL CA0636711016 BMO 2,697,577 CAD 289,719,770 Financials Stock
16.81% TORONTO-DOMINION BANK/THE CA8911605092 TD 3,430,426 CAD 268,876,790 Financials Stock
15.88% CANADIAN IMPERIAL BANK OF COMMERCE CA1360691010 CM 2,117,527 CAD 254,039,714 Financials Stock
15.33% ROYAL BANK OF CANADA CA7800871021 RY 2,234,778 CAD 245,155,147 Financials Stock
15.16% NATIONAL BANK OF CANADA CA6330671034 NA 2,981,200 CAD 242,460,996 Financials Stock
-0.09% CASH - - 1 CAD -1,412,738 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

Download