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Overview

Fund Profile

Key Facts

Fund Ticker ZEQ
Net Assets (Mn)
(Sep 18, 2019)
$ 227.69
Base Currency CAD
Closing Market Price $ 22.45
12-Month Low/High (Market Price) $ 18.09 / $ 22.81
Closing NAV Price
(Sep 18, 2019)
$ 22.4793
12-Month Low/High (Price (NAV)) $ 18.0917 / $ 22.7713
Annualized Distribution Yield
(Sep 13, 2019)

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

1.87%
Swap Fee -
Counterparty Exposure  -
Maximum Annual Management Fee 0.40%
Management Expense Ratio 0.45%
Market Volume 14,157
Distribution Frequency Quarterly
Options Available Yes
Inception Date Feb 10, 2014
Fiscal Year-End December 31
Units Outstanding (000's) 10,129
Index MSCI Europe Quality 100% Hedged to CAD Index
Market Cap ($Bn)
(Aug 30, 2019)
5,293.71
Exchange TSX
CUSIP 05579B105
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

BMO MSCI Europe High Quality Hedged to CAD Index ETF has been designed to replicate, to the extent possible, the performance of the MSCI Europe Quality 100% Hedged to CAD Index, net of expenses. The Fund invests in European equity markets, while screening for high return on equity (ROE), stable year-over-year earnings growth and low financial leverage. The Fund may also invest in or hold securities intended to replicate the performance of the Index. The foreign currency exposure is hedged back to the Canadian dollar.

Benchmark Info

MSCI Europe Quality 100% Hedged to CAD Index (“Index”) is based on the MSCI Europe Index, its parent index, which includes large and mid cap stocks across the Developed Markets (DM) countries in Europe. The Index aims to capture the performance of quality growth stocks by identifying stocks with high quality scores based on three main fundamental variables: high return on equity (ROE), stable year-over-year earnings growth and low financial leverage. All securities eligible for inclusion in the Index are weighted by the product of their market cap weight in the parent index and their quality score. Issuer weights are capped at 5%. The Index is rebalanced semi-annually, as of the close of the last business day of November and May.

Fund Benefits

  • Designed for investors looking for growth solutions
  • Exposure to high quality European equities
  • Currency is hedged to mitigate currency impacts
  • 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)
(Sep 18, 2019)
$ 227.69
Market Price $ 22.45
12-Month Low/High (Market Price) $ 18.09 / $ 22.81
Price (NAV) $ 22.4793
12-Month Low/High (Price (NAV)) $ 18.0917 / $ 22.7713
Distribution Frequency Quarterly

Daily Prices

Unit Price as of
(Sep 18, 2019)
1 Day Change 1 Day % Change
Market Price $ 22.45 $ 0.03 0.13%
Price (NAV) $ 22.4793 $ 0.0254 0.11%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Aug 30, 2019

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 10.36% 9.00% 9.62% 9.28% - 9.87%
Index 10.97% 9.65% 10.31% 9.95% - 10.57%
Calendar Performance

Calendar Year Performance (%) for period ending: Aug 30, 2019

YTD 2018 2017 2016 2015 2014
NAV 23.11% -6.48% 14.79% 5.80% 9.68% 9.99%
Index 23.41% -6.12% 15.61% 6.15% 10.26% 11.44%
Cumulative Performance

Cumulative Performance (%) for period ending: Aug 30, 2019

YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 23.11% 0.68% 6.97% 12.03% 10.36% 18.82% 31.71% 55.88% - 68.68%
Index 23.41% 0.32% 7.02% 12.22% 10.97% 20.22% 34.24% 60.68% - 74.71%

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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
Mar, 2019 Mar 27, 2019 Mar 28, 2019 Apr 02, 2019 0.105000 0.000000 0.105000
Jun, 2019 Jun 26, 2019 Jun 27, 2019 Jul 03, 2019 0.105000 0.000000 0.105000
Sep, 2019 Sep 26, 2019 Sep 27, 2019 Oct 02, 2019 - - -
Dec, 2019 Dec 27, 2019 Dec 30, 2019 Jan 03, 2020 - - -
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 Sep 18, 2019

Stock

100.14%

Cash and Cash Equivalents

-0.14%

Number of Holdings

127

Total Net Assets

$ 227,692,526.00


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Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
5.26% NESTLE SA CH0038863350 NESN 83,935 CHF 11,971,893 Consumer Staples Stock
5.25% ROCHE HOLDING AG CH0012032048 ROG 31,807 CHF 11,947,215 Health Care Stock
4.79% NOVO NORDISK A/S DK0060534915 NOVOB 161,015 DKK 10,915,259 Health Care Stock
4.43% ASTRAZENECA PLC GB0009895292 AZN 87,924 GBP 10,093,655 Health Care Stock
4.14% LVMH MOET HENNESSY LOUIS VUITTON SE FR0000121014 MC 17,586 EUR 9,428,039 Consumer Discretionary Stock
4.10% ASML HOLDING NV NL0010273215 ASML 28,046 EUR 9,327,029 Information Technology Stock
3.98% DIAGEO PLC GB0002374006 DGE 167,149 GBP 9,057,180 Consumer Staples Stock
3.72% SAP SE DE0007164600 SAP 53,312 EUR 8,477,203 Information Technology Stock
3.54% UNILEVER NV NL0000388619 UNA 100,403 EUR 8,050,238 Consumer Staples Stock
2.77% UNILEVER PLC GB00B10RZP78 ULVR 77,169 GBP 6,314,195 Consumer Staples Stock
2.35% ADIDAS AG DE000A1EWWW0 ADS 13,287 EUR 5,353,595 Consumer Discretionary Stock
2.34% L'OREAL SA FR0000120321 OR 14,716 EUR 5,336,838 Consumer Staples Stock
2.07% RIO TINTO PLC GB0007188757 RIO 66,999 GBP 4,711,662 Materials Stock
1.73% COMPASS GROUP PLC GB00BD6K4575 CPG 118,320 GBP 3,936,172 Consumer Discretionary Stock
1.67% RELX PLC GB00B2B0DG97 REL 122,058 GBP 3,809,243 Industrials Stock
1.59% KERING SA FR0000121485 KER 5,334 EUR 3,626,925 Consumer Discretionary Stock
1.36% AMADEUS IT GROUP SA ES0109067019 AMS 31,456 EUR 3,086,724 Information Technology Stock
1.35% INDUSTRIA DE DISENO TEXTIL SA ES0148396007 ITX 78,490 EUR 3,075,598 Consumer Discretionary Stock
1.16% EXPERIAN PLC GB00B19NLV48 EXPN 63,685 GBP 2,635,428 Industrials Stock
1.08% ATLAS COPCO AB SE0011166610 ATCOA 57,051 SEK 2,458,625 Industrials Stock
1.05% IMPERIAL BRANDS PLC GB0004544929 IMB 66,824 GBP 2,394,283 Consumer Staples Stock
0.96% HERMES INTERNATIONAL FR0000052292 RMS 2,392 EUR 2,182,357 Consumer Discretionary Stock
0.95% LONDON STOCK EXCHANGE GROUP PLC GB00B0SWJX34 LSE 17,884 GBP 2,155,782 Financials Stock
0.89% BAE SYSTEMS PLC GB0002634946 BA/ 207,686 GBP 2,029,178 Industrials Stock
0.88% KONE OYJ FI0009013403 KNEBV 26,297 EUR 2,006,386 Industrials Stock
0.84% FERRARI NV NL0011585146 RACE 9,362 EUR 1,919,143 Consumer Discretionary Stock
0.83% GEBERIT AG CH0030170408 GEBN 2,963 CHF 1,900,999 Industrials Stock
0.83% INFINEON TECHNOLOGIES AG DE0006231004 IFX 69,804 EUR 1,879,046 Information Technology Stock
0.80% GIVAUDAN SA CH0010645932 GIVN 491 CHF 1,826,890 Materials Stock
0.75% COLOPLAST A/S DK0060448595 COLOB 10,795 DKK 1,708,280 Health Care Stock
0.75% PARTNERS GROUP HOLDING AG CH0024608827 PGHN 1,672 CHF 1,710,809 Financials Stock
0.75% SMITH & NEPHEW PLC GB0009223206 SN/ 53,765 GBP 1,699,547 Health Care Stock
0.74% WOLTERS KLUWER NV NL0000395903 WKL 17,999 EUR 1,694,615 Industrials Stock
0.73% ASSA ABLOY AB SE0007100581 ASSAB 55,580 SEK 1,667,073 Industrials Stock
0.72% FERGUSON PLC JE00BJVNSS43 FERG 16,224 GBP 1,636,870 Industrials Stock
0.69% DSV A/S DK0060079531 DSV 12,172 DKK 1,566,724 Industrials Stock
0.63% SANDVIK AB SE0000667891 SAND 65,905 SEK 1,431,037 Industrials Stock
0.62% BT GROUP PLC GB0030913577 BT/A 490,434 GBP 1,416,265 Communication Services Stock
0.62% LEGRAND SA FR0010307819 LR 14,708 EUR 1,416,470 Industrials Stock
0.62% VESTAS WIND SYSTEMS A/S DK0010268606 VWS 12,842 DKK 1,403,706 Industrials Stock
0.60% CIE GENERALE DES ETABLISSEMENTS MICHELIN SCA FR0000121261 ML 9,079 EUR 1,366,741 Consumer Discretionary Stock
0.60% LEGAL & GENERAL GROUP PLC GB0005603997 LGEN 337,652 GBP 1,369,910 Financials Stock
0.60% SAMPO OYJ FI0009003305 SAMPO 24,430 EUR 1,355,036 Financials Stock
0.60% HENKEL AG & CO KGAA PFD DE0006048432 HEN3 9,981 EUR 1,368,569 Consumer Staples Stock
0.58% SGS SA CH0002497458 SGSN 400 CHF 1,320,036 Industrials Stock
0.56% ATLAS COPCO AB SE0011166628 ATCOB 33,154 SEK 1,267,026 Industrials Stock
0.56% HENNES & MAURITZ AB SE0000106270 HMB 49,783 SEK 1,275,796 Consumer Discretionary Stock
0.56% KERRY GROUP PLC IE0004906560 KYG 8,287 EUR 1,281,945 Consumer Staples Stock
0.52% CONTINENTAL AG DE0005439004 CON 6,505 EUR 1,173,532 Consumer Discretionary Stock
0.51% MTU AERO ENGINES AG DE000A0D9PT0 MTX 3,265 EUR 1,154,848 Industrials Stock
0.51% UPM-KYMMENE OYJ FI0009005987 UPM 30,140 EUR 1,163,496 Materials Stock
0.50% 3I GROUP PLC GB00B1YW4409 III 61,483 GBP 1,137,614 Financials Stock
0.50% ASHTEAD GROUP PLC GB0000536739 AHT 30,306 GBP 1,141,971 Industrials Stock
0.50% INTERTEK GROUP PLC GB0031638363 ITRK 12,534 GBP 1,127,853 Industrials Stock
0.48% BURBERRY GROUP PLC GB0031743007 BRBY 30,949 GBP 1,091,165 Consumer Discretionary Stock
0.45% SONOVA HOLDING AG CH0012549785 SOON 3,447 CHF 1,015,166 Health Care Stock
0.44% GENMAB A/S DK0010272202 GMAB 3,682 DKK 1,006,088 Health Care Stock
0.43% NOVOZYMES A/S DK0060336014 NZYMB 16,709 DKK 975,668 Materials Stock
0.42% THALES SA FR0000121329 HO 6,170 EUR 955,257 Industrials Stock
0.41% BEIERSDORF AG DE0005200000 BEI 5,756 EUR 922,978 Consumer Staples Stock
0.41% NEXT PLC GB0032089863 NXT 9,138 GBP 935,780 Consumer Discretionary Stock
0.39% COVESTRO AG DE0006062144 1COV 13,556 EUR 894,785 Materials Stock
0.39% HARGREAVES LANSDOWN PLC GB00B1VZ0M25 HL/ 26,624 GBP 888,686 Financials Stock
0.39% SCHINDLER HOLDING AG CH0024638196 SCHP 2,976 CHF 893,123 Industrials Stock
0.39% KUEHNE & NAGEL INTERNATIONAL AG CH0025238863 KNIN 4,539 CHF 892,009 Industrials Stock
0.37% CHR HANSEN HOLDING A/S DK0060227585 CHR 7,532 DKK 833,125 Materials Stock
0.37% PERSIMMON PLC GB0006825383 PSN 24,781 GBP 831,881 Consumer Discretionary Stock
0.37% SAGE GROUP PLC/THE GB00B8C3BL03 SGE 74,353 GBP 846,063 Information Technology Stock
0.37% TEMENOS AG CH0012453913 TEMN 3,724 CHF 834,280 Information Technology Stock
0.36% HALMA PLC GB0004052071 HLMA 24,226 GBP 812,718 Information Technology Stock
0.34% WHITBREAD PLC GB00B1KJJ408 WTB 10,607 GBP 775,946 Consumer Discretionary Stock
0.33% ADECCO GROUP AG CH0012138605 ADEN 9,933 CHF 748,450 Industrials Stock
0.33% ASSOCIATED BRITISH FOODS PLC GB0006731235 ABF 19,390 GBP 744,803 Consumer Staples Stock
0.32% BUNZL PLC GB00B0744B38 BNZL 21,038 GBP 733,150 Industrials Stock
0.32% EPIROC AB SE0011166933 EPIA 48,960 SEK 725,412 Industrials Stock
0.32% HENKEL AG & CO KGAA DE0006048408 HEN 5,822 EUR 720,485 Consumer Staples Stock
0.31% CRODA INTERNATIONAL PLC GB00BJFFLV09 CRDA 8,857 GBP 705,489 Materials Stock
0.30% MONCLER SPA IT0004965148 MONC 14,559 EUR 679,363 Consumer Discretionary Stock
0.29% MONDI PLC GB00B1CRLC47 MNDI 24,648 GBP 661,876 Materials Stock
0.29% SPIRAX-SARCO ENGINEERING PLC GB00BWFGQN14 SPX 4,862 GBP 651,344 Industrials Stock
0.28% BARRATT DEVELOPMENTS PLC GB0000811801 BDEV 61,069 GBP 641,032 Consumer Discretionary Stock
0.27% ELISA OYJ FI0009007884 ELISA 9,002 EUR 610,084 Communication Services Stock
0.27% STRAUMANN HOLDING AG CH0012280076 STMN 563 CHF 606,897 Health Care Stock
0.26% ITV PLC GB0033986497 ITV 285,103 GBP 593,929 Communication Services Stock
0.26% JOHNSON MATTHEY PLC GB00BZ4BQC70 JMAT 11,190 GBP 581,121 Materials Stock
0.26% TAYLOR WIMPEY PLC GB0008782301 TW/ 222,620 GBP 593,552 Consumer Discretionary Stock
0.26% KNORR-BREMSE AG DE000KBX1006 KBX 4,464 EUR 587,278 Industrials Stock
0.25% ADMIRAL GROUP PLC GB00B02J6398 ADM 16,132 GBP 570,084 Financials Stock
0.25% BERKELEY GROUP HOLDINGS PLC GB00B02L3W35 BKG 8,518 GBP 579,715 Consumer Discretionary Stock
0.25% SKF AB SE0000108227 SKFB 24,315 SEK 566,616 Industrials Stock
0.25% BOLIDEN AB SE0012455673 BOL 16,958 SEK 577,174 Materials Stock
0.25% ADYEN NV NL0012969182 ADYEN 604 EUR 565,769 Information Technology Stock
0.24% CHOCOLADEFABRIKEN LINDT & SPRUENGLI AG CH0010570759 LISN 5 CHF 536,386 Consumer Staples Stock
0.24% EMS-CHEMIE HOLDING AG CH0016440353 EMSN 675 CHF 550,306 Materials Stock
0.24% SKANSKA AB SE0000113250 SKAB 20,887 SEK 546,377 Industrials Stock
0.24% KINGSPAN GROUP PLC IE0004927939 KSP 8,812 EUR 557,341 Industrials Stock
0.24% ST JAMES'S PLACE PLC GB0007669376 STJ 33,192 GBP 540,329 Financials Stock
0.23% CHOCOLADEFABRIKEN LINDT & SPRUENGLI AG CH0010570767 LISP 53 CHF 517,610 Consumer Staples Stock
0.21% PANDORA A/S DK0060252690 PNDORA 8,279 DKK 485,450 Consumer Discretionary Stock
0.21% RANDSTAD NV NL0000379121 RAND 7,020 EUR 477,361 Industrials Stock
0.21% SIEMENS HEALTHINEERS AG DE000SHL1006 SHL 9,119 EUR 481,677 Health Care Stock
0.20% RECORDATI SPA IT0003828271 REC 7,854 EUR 455,426 Health Care Stock
0.20% ALFA LAVAL AB SE0000695876 ALFA 17,777 SEK 460,124 Industrials Stock
0.19% SCHINDLER HOLDING AG CH0024638212 SCHN 1,471 CHF 436,707 Industrials Stock
0.19% FINECOBANK BANCA FINECO SPA IT0000072170 FBK 31,333 EUR 432,754 Financials Stock
0.18% EPIROC AB SE0011166941 EPIB 29,303 SEK 416,753 Industrials Stock
0.18% DIRECT LINE INSURANCE GROUP PLC GB00BY9D0Y18 DLG 80,359 GBP 398,870 Financials Stock
0.17% WARTSILA OYJ ABP FI0009003727 WRT1V 25,857 EUR 382,303 Industrials Stock
0.16% JERONIMO MARTINS SGPS SA PTJMT0AE0001 JMT 15,853 EUR 365,086 Consumer Staples Stock
0.16% ORION OYJ FI0009014377 ORNBV 7,483 EUR 357,263 Health Care Stock
0.15% HUGO BOSS AG DE000A1PHFF7 BOSS 4,469 EUR 334,414 Consumer Discretionary Stock
0.15% IPSEN SA FR0010259150 IPN 2,564 EUR 343,510 Health Care Stock
0.15% SARTORIUS STEDIM BIOTECH FR0013154002 DIM 1,765 EUR 340,019 Health Care Stock
0.14% NOKIAN RENKAAT OYJ FI0009005318 TYRES 8,156 EUR 320,436 Consumer Discretionary Stock
0.14% GJENSIDIGE FORSIKRING ASA NO0010582521 GJF 11,576 NOK 312,154 Financials Stock
0.13% GEA GROUP AG DE0006602006 G1A 7,825 EUR 302,927 Industrials Stock
0.13% MARKS & SPENCER GROUP PLC GB0031274896 MKS 88,570 GBP 297,063 Consumer Discretionary Stock
0.12% COLRUYT SA BE0974256852 COLR 3,856 EUR 271,524 Consumer Staples Stock
0.12% DEMANT A/S DK0060738599 DEMANT 7,244 DKK 267,479 Health Care Stock
0.12% FAURECIA SE FR0000121147 EO 4,291 EUR 283,996 Consumer Discretionary Stock
0.10% FUCHS PETROLUB SE PFD DE0005790430 FPE3 4,703 EUR 238,508 Materials Stock
0.09% HOCHTIEF AG DE0006070006 HOT 1,329 EUR 207,811 Industrials Stock
0.07% RTL GROUP SA LU0061462528 RRTL 2,600 EUR 170,345 Communication Services Stock
0.06% SOCIETE BIC SA FR0000120966 BB 1,603 EUR 143,081 Industrials Stock
0.06% EASYJET PLC GB00B7KR2P84 EZJ 8,219 GBP 140,796 Industrials Stock
0.01% NORDEA BANK ABP FI4000297767 NDA 2,469 EUR 23,280 Financials Stock
-0.14% CASH - - 1 CAD -313,775 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

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