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 ($Bn) (Jan 31, 2020) |
516.17 |
| Exchange | TSX |
| CUSIP | 055685101 |
| Eligibility | RRSP/RRIF/RESP/DPSP/TFSA |
Portfolio Strategy
BMO Equal Weight Banks Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada Banks Index , net of expenses. The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index.
Benchmark Info
The Solactive Equal Weight Canada Banks Index includes Canadian exchange listed securities in the diversified bank industry. Constituents are subject to minimum market capitalization and liquidity screens. In addition, each security in this Index is allocated an equal weight rather than a market capitalization weight.
Fund Benefits
- Designed for investors looking for growth solutions
- Exposure to Canadian bank stocks
- Equal weighted to lessen security specific risk
- Professionally managed by BMO Global Asset Management
Risk Rating
- Low
- Low to Medium
- Medium
- Medium to High
- High
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Performance Chart
Performance Details
| Fund Total Assets ($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 (%) 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% |
| Jan 31, 2020 |
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% |
| Jan 31, 2020 |
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% |
| Jan 31, 2020 |
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Distribution History
| 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 | - | - | - |
| Year to Date | 0.100000 | 0.000000 | 0.100000 |
| 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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Daily Holdings
As of Feb 13, 2020
99.81%
0.19%
7
$ 1,045,849,173.00
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| 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 |
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.