Overview

Fund Profile

Key Facts

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

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Price & Performance

Performance Chart

Growth of 10,000

Chart comparing growth of $10,000. From START_DATE to END_DATE. Comparing FUND_1 and FUND_2. For more details, email [email protected] or call 1-800-361-1392.

Performance Details

Daily Prices

Daily prices table has 3 columns. Table columns are Unit Price as of May 29, 2023, 1 Day Change, 1 Day % Change
Unit Price as of
(May 29, 2023)
1 Day Change 1 Day % Change
Market Price $ 28.89 $ -0.09 -0.31%
Price (NAV) $ 28.7968 $ -0.1215 -0.42%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Apr 28, 2023

Table for annualized performance. For period ending
1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 9.69% 6.38% 13.27% 10.60% - 9.93%
Index 8.67% 6.71% 13.76% 10.97% - 10.51%
Calendar Performance

Calendar Year Performance (%) for period ending: Apr 28, 2023

Table for calendar performance. For period ending
YTD 2022 2021 2020 2019 2018 2017 2016 2015 2014
NAV 12.41% -11.74% 24.22% 6.62% 32.88% -6.48% 14.79% 5.80% 9.68% 9.99%
Index 12.35% -11.88% 25.29% 7.07% 33.55% -6.12% 15.61% 6.15% 10.26% 11.44%
Cumulative Performance

Cumulative Performance (%) for period ending: Apr 28, 2023

Table for cumulative performance. For period ending
YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 12.41% 1.66% 5.21% 17.05% 9.69% 13.16% 45.32% 65.47% - 139.24%
Index 12.35% 1.71% 5.39% 16.88% 8.67% 13.86% 47.24% 68.29% - 151.09%

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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)
Table for distribution history. For period ending
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
Mar, 2023 Mar 29, 2023 Mar 30, 2023 Apr 04, 2023 0.180000 - 0.180000
Jun, 2023 Jun 28, 2023 Jun 29, 2023 Jul 05, 2023 - - -
Sep, 2023 Sep 27, 2023 Sep 28, 2023 Oct 04, 2023 - - -
Dec, 2023 Dec 27, 2023 Dec 28, 2023 Jan 03, 2023 - - -
Download Distribution Tax (Excel)
ETF distribution tax table. Showing for year
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
- - - - - - - - -

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Holdings & Allocations

Daily Holdings

As of May 29, 2023

Stock

96.93%

Cash and Cash Equivalents

3.07%

Number of Holdings

127

Total Net Assets

$ 930,077,754.00


Download Holdings (Excel)
No column selected.
Daily holdings table has 5 columns. Table columns are Weight (%), Name, ISIN, Bloomberg Ticker, Base Market Value
Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
6.35% NOVO NORDISK A/S DK0060534915 NOVOB 265,851 DKK 59,019,194 Health Care Stock
5.46% LVMH MOET HENNESSY LOUIS VUITTON SE FR0000121014 MC 41,574 EUR 50,809,174 Consumer Discretionary Stock
5.37% ASML HOLDING NV NL0010273215 ASML 50,797 EUR 49,969,869 Information Technology Stock
5.04% NOVARTIS AG CH0012005267 NOVN 350,817 CHF 46,838,835 Health Care Stock
4.67% NESTLE SA CH0038863350 NESN 257,898 CHF 43,399,241 Consumer Staples Stock
4.17% ROCHE HOLDING AG CH0012032048 ROG 88,847 CHF 38,789,478 Health Care Stock
3.26% UNILEVER PLC GB00B10RZP78 ULVR 434,063 GBP 30,363,495 Consumer Staples Stock
3.07% L'OREAL SA FR0000120321 OR 48,060 EUR 28,542,296 Consumer Staples Stock
2.91% DIAGEO PLC GB0002374006 DGE 460,192 GBP 27,022,601 Consumer Staples Stock
2.30% RIO TINTO PLC GB0007188757 RIO 258,779 GBP 21,358,081 Materials Stock
2.14% HERMES INTERNATIONAL FR0000052292 RMS 7,016 EUR 19,888,277 Consumer Discretionary Stock
2.02% GSK PLC GB00BN7SWP63 GSK 803,268 GBP 18,755,393 Health Care Stock
1.83% RELX PLC GB00B2B0DG97 REL 407,991 GBP 17,020,495 Industrials Stock
1.62% ABB LTD CH0012221716 ABBN 298,345 CHF 15,072,558 Industrials Stock
1.50% PROSUS NV NL0013654783 PRX 151,508 EUR 13,975,019 Consumer Discretionary Stock
1.49% AXA SA FR0000120628 CS 348,974 EUR 13,834,797 Financials Stock
1.46% RECKITT BENCKISER GROUP PLC GB00B24CGK77 RKT 125,923 GBP 13,556,752 Consumer Staples Stock
1.30% GLENCORE PLC JE00B4T3BW64 GLEN 1,713,314 GBP 12,111,393 Materials Stock
1.27% ATLAS COPCO AB SE0017486889 ATCOA 593,107 SEK 11,798,745 Industrials Stock
1.20% FERRARI NV NL0011585146 RACE 28,411 EUR 11,159,636 Consumer Discretionary Stock
1.19% KERING SA FR0000121485 KER 14,813 EUR 11,092,025 Consumer Discretionary Stock
1.12% ADYEN NV NL0012969182 ADYEN 4,767 EUR 10,383,689 Financials Stock
1.11% DEUTSCHE POST AG DE0005552004 DPW 169,940 EUR 10,345,993 Industrials Stock
1.11% STELLANTIS NV NL00150001Q9 STLAM 479,206 EUR 10,281,309 Consumer Discretionary Stock
1.04% INDUSTRIA DE DISENO TEXTIL SA ES0148396007 ITX 212,473 EUR 9,657,630 Consumer Discretionary Stock
0.98% ANGLO AMERICAN PLC GB00B1XZS820 AAL 234,015 GBP 9,083,856 Materials Stock
0.95% DSV PANALPINA A/S DK0060079531 DSV 34,059 DKK 8,871,268 Industrials Stock
0.89% EXPERIAN PLC GB00B19NLV48 EXPN 175,370 GBP 8,314,741 Industrials Stock
0.89% WOLTERS KLUWER NV NL0000395903 WKL 52,840 EUR 8,231,511 Industrials Stock
0.83% STMICROELECTRONICS NV NL0000226223 STMPA 132,809 EUR 7,764,690 Information Technology Stock
0.81% PARTNERS GROUP HOLDING AG CH0024608827 PGHN 6,088 CHF 7,517,037 Financials Stock
0.77% GEBERIT AG CH0030170408 GEBN 9,784 CHF 7,206,973 Industrials Stock
0.77% DEUTSCHE BOERSE AG DE0005810055 DB1 30,181 EUR 7,206,574 Financials Stock
0.71% EQUINOR ASA NO0010096985 EQNR 184,520 NOK 6,643,687 Energy Stock
0.71% EVOLUTION AB SE0012673267 EVO 37,725 SEK 6,641,340 Consumer Discretionary Stock
0.71% GENMAB A/S DK0010272202 GMAB 12,057 DKK 6,632,851 Health Care Stock
0.71% VOLVO AB SE0000115446 VOLVB 258,670 SEK 6,631,285 Industrials Stock
0.66% ASHTEAD GROUP PLC GB0000536739 AHT 74,999 GBP 6,178,598 Industrials Stock
0.64% KONE OYJ FI0009013403 KNEBV 84,523 EUR 5,943,940 Industrials Stock
0.63% ATLAS COPCO AB SE0017486897 ATCOB 344,653 SEK 5,893,731 Industrials Stock
0.61% ASM INTERNATIONAL NV NL0000334118 ASM 9,689 EUR 5,707,073 Information Technology Stock
0.61% IMPERIAL BRANDS PLC GB0004544929 IMB 193,499 GBP 5,635,406 Consumer Staples Stock
0.60% COLOPLAST A/S DK0060448595 COLOB 32,601 DKK 5,585,926 Health Care Stock
0.58% KUEHNE & NAGEL INTERNATIONAL AG CH0025238863 KNIN 13,643 CHF 5,356,573 Industrials Stock
0.56% ASSA ABLOY AB SE0007100581 ASSAB 170,746 SEK 5,252,852 Industrials Stock
0.53% STRAUMANN HOLDING AG CH1175448666 STMN 24,021 CHF 4,921,493 Health Care Stock
0.53% HEXAGON AB SE0015961909 HEXAB 315,429 SEK 4,887,254 Information Technology Stock
0.50% SANDVIK AB SE0000667891 SAND 188,742 SEK 4,687,829 Industrials Stock
0.48% NESTE OYJ FI0009013296 NESTE 84,789 EUR 4,469,347 Energy Stock
0.47% RENTOKIL INITIAL PLC GB00B082RF11 RTO 408,115 GBP 4,328,018 Industrials Stock
0.42% CARLSBERG AS DK0010181759 CARLB 18,632 DKK 3,945,148 Consumer Staples Stock
0.42% SONOVA HOLDING AG CH0012549785 SOON 11,019 CHF 3,943,202 Health Care Stock
0.42% VAT GROUP AG CH0311864901 VACN 7,040 CHF 3,919,274 Industrials Stock
0.39% MONCLER SPA IT0004965148 MONC 40,154 EUR 3,662,970 Consumer Discretionary Stock
0.38% UNIVERSAL MUSIC GROUP INC NL0015000IY2 UMG 130,908 EUR 3,569,788 Communication Services Stock
0.38% DR ING HC F PORSCHE A PFD DE000PAG9113 - 20,458 EUR 3,488,759 - Stock
0.37% EPIROC AB SE0015658109 EPIA 141,703 SEK 3,472,438 Industrials Stock
0.36% NIBE INDUSTRIER AB SE0015988019 NIBEB 255,163 SEK 3,384,987 Industrials Stock
0.34% HENKEL AG & CO KGAA PFD DE0006048432 - 28,194 EUR 3,128,137 Consumer Staples Stock
0.34% LOGITECH INTERNATIONAL SA CH0025751329 LOGN 34,916 CHF 3,125,841 Information Technology Stock
0.34% BUNZL PLC GB00B0744B38 BNZL 58,229 GBP 3,119,337 Industrials Stock
0.33% BEIERSDORF AG DE0005200000 BEI 17,270 EUR 3,115,246 Consumer Staples Stock
0.31% BRENNTAG SE DE000A1DAHH0 BNR 26,493 EUR 2,885,171 Industrials Stock
0.31% NOVOZYMES A/S DK0060336014 NZYMB 41,523 DKK 2,844,979 Materials Stock
0.30% HALMA PLC GB0004052071 HLMA 70,445 GBP 2,826,990 Information Technology Stock
0.29% SPIRAX-SARCO ENGINEERING PLC GB00BWFGQN14 SPX 14,721 GBP 2,737,822 Industrials Stock
0.29% AUTO TRADER GROUP PLC GB00BVYVFW23 AUTO 258,454 GBP 2,714,557 Communication Services Stock
0.29% BURBERRY GROUP PLC GB0031743007 BRBY 71,863 GBP 2,667,515 Consumer Discretionary Stock
0.28% KINGSPAN GROUP PLC IE0004927939 KSP 28,518 EUR 2,627,153 Industrials Stock
0.28% NEXT PLC GB0032089863 NXT 24,362 GBP 2,615,409 Consumer Discretionary Stock
0.28% SAGE GROUP PLC/THE GB00B8C3BL03 SGE 179,565 GBP 2,581,891 Information Technology Stock
0.27% PANDORA A/S DK0060252690 PNDORA 22,869 DKK 2,530,783 Consumer Discretionary Stock
0.27% CRODA INTERNATIONAL PLC GB00BJFFLV09 CRDA 23,725 GBP 2,481,592 Materials Stock
0.27% AP MOLLER - MAERSK A/S DK0010244508 MAERSKB 1,083 DKK 2,465,022 Industrials Stock
0.26% ALFA LAVAL AB SE0000695876 ALFA 49,795 SEK 2,451,162 Industrials Stock
0.26% BOLIDEN AB SE0020050417 BOL 56,111 SEK 2,399,209 - Stock
0.24% ST JAMES'S PLACE PLC GB0007669376 STJ 121,725 GBP 2,269,514 Financials Stock
0.24% SARTORIUS STEDIM BIOTECH FR0013154002 DIM 6,325 EUR 2,266,422 Health Care Stock
0.24% ELISA OYJ FI0009007884 ELISA 29,019 EUR 2,256,009 Communication Services Stock
0.24% SCHINDLER HOLDING AG CH0024638196 SCHP 7,641 CHF 2,211,930 Industrials Stock
0.23% INTERTEK GROUP PLC GB0031638363 ITRK 29,714 GBP 2,119,645 Industrials Stock
0.21% SARTORIUS AG PFD DE0007165631 - 4,245 EUR 1,982,180 Health Care Stock
0.21% ENDESA SA ES0130670112 ELE 65,584 EUR 1,910,694 Utilities Stock
0.20% FINECOBANK BANCA FINECO SPA IT0000072170 FBK 105,403 EUR 1,898,184 Financials Stock
0.20% MONDI PLC GB00B1CRLC47 MNDI 84,779 GBP 1,822,326 Materials Stock
0.19% EPIROC AB SE0015658117 EPIB 83,859 SEK 1,757,795 Industrials Stock
0.19% CHR HANSEN HOLDING A/S DK0060227585 CHR 16,796 DKK 1,731,102 Materials Stock
0.19% JERONIMO MARTINS SGPS SA PTJMT0AE0001 JMT 51,882 EUR 1,722,871 Consumer Staples Stock
0.18% EMS-CHEMIE HOLDING AG CH0016440353 EMSN 1,576 CHF 1,671,028 Materials Stock
0.18% INDUTRADE AB SE0001515552 INDT 51,183 SEK 1,646,400 Industrials Stock
0.18% HENKEL AG & CO KGAA DE0006048408 HEN 16,442 EUR 1,630,337 Consumer Staples Stock
0.17% ROCHE HOLDING AG CH0012032113 RO 3,377 CHF 1,595,889 Health Care Stock
0.17% ORION OYJ FI0009014377 ORNBV 27,083 EUR 1,590,638 Health Care Stock
0.17% RANDSTAD NV NL0000379121 RAND 22,605 EUR 1,549,544 Industrials Stock
0.16% AP MOLLER - MAERSK A/S DK0010244425 MAERSKA 667 DKK 1,496,000 Industrials Stock
0.16% EQT AB SE0012853455 EQT 56,880 SEK 1,472,436 - Stock
0.15% VERBUND AG AT0000746409 VER 14,230 EUR 1,437,082 Utilities Stock
0.15% BARRATT DEVELOPMENTS PLC GB0000811801 BDEV 178,962 GBP 1,421,682 Consumer Discretionary Stock
0.15% LA FRANCAISE DES JEUX SAEM FR0013451333 FDJ 25,699 EUR 1,393,333 Consumer Discretionary Stock
0.14% PERSIMMON PLC GB0006825383 PSN 64,946 GBP 1,334,810 Consumer Discretionary Stock
0.14% HARGREAVES LANSDOWN PLC GB00B1VZ0M25 HL/ 98,528 GBP 1,321,830 Financials Stock
0.14% TEMENOS AG CH0012453913 TEMN 11,449 CHF 1,284,916 Information Technology Stock
0.14% LIFCO AB SE0015949201 LIFCOB 43,848 SEK 1,281,662 Industrials Stock
0.14% BERKELEY GROUP HOLDINGS PLC GB00BLJNXL82 BKG 19,166 GBP 1,278,602 Consumer Discretionary Stock
0.14% KESKO OYJ FI0009000202 KESKOB 49,479 EUR 1,269,422 Consumer Staples Stock
0.14% ORKLA ASA NO0003733800 ORK 127,012 NOK 1,262,839 Consumer Staples Stock
0.13% NEMETSCHEK SE DE0006452907 NEM 12,037 EUR 1,253,491 Information Technology Stock
0.13% RECORDATI INDUSTRIA CHIMICA E FARMACEUTICA SPA IT0003828271 REC 20,124 EUR 1,249,237 Health Care Stock
0.13% IPSEN SA FR0010259150 IPN 7,698 EUR 1,244,559 Health Care Stock
0.13% SCHINDLER HOLDING AG CH0024638212 SCHN 4,408 CHF 1,224,628 Industrials Stock
0.13% KNORR-BREMSE AG DE000KBX1006 KBX 12,608 EUR 1,211,524 Industrials Stock
0.12% CARL ZEISS MEDITEC AG DE0005313704 AFX 7,017 EUR 1,098,058 Health Care Stock
0.11% BIOMERIEUX FR0013280286 BIM 7,608 EUR 1,061,453 Health Care Stock
0.10% RATIONAL AG DE0007010803 RAA 1,059 EUR 959,215 Industrials Stock
0.10% HIKMA PHARMACEUTICALS PLC GB00B0LCW083 HIK 30,404 GBP 944,046 Health Care Stock
0.10% JOHNSON MATTHEY PLC GB00BZ4BQC70 JMAT 31,247 GBP 937,979 Materials Stock
0.10% SCHRODERS PLC GB00BP9LHF23 SDR 122,305 GBP 935,345 Financials Stock
0.10% GJENSIDIGE FORSIKRING ASA NO0010582521 GJF 41,801 NOK 933,925 Financials Stock
0.10% VOLVO AB SE0000115420 VOLVA 34,322 SEK 901,225 Industrials Stock
0.09% KONGSBERG GRUPPEN ASA NO0003043309 KOG 15,634 NOK 862,602 Industrials Stock
0.09% DEMANT A/S DK0060738599 DEMANT 15,788 DKK 838,602 Health Care Stock
0.08% SALMAR ASA NO0010310956 SALM 13,045 NOK 781,283 Consumer Staples Stock
0.08% BECHTLE AG DE0005158703 BC8 14,350 EUR 777,239 Information Technology Stock
0.06% DIASORIN SPA IT0003492391 DIA 3,923 EUR 563,713 Health Care Stock
0.05% ROCKWOOL A/S DK0010219153 ROCKB 1,441 DKK 479,452 Industrials Stock
0.01% BOLIDEN AB SE0020050425 BOLIL 53,551 SEK 77,045 - Stock
3.07% CASH - - 1 CAD 28,511,815 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

has a donut chart divided into 10 ranges. Ranges are: 20.95%, Health Care.19.22%, Industrials.17.95%, Consumer Staples.16.91%, Consumer Discretionary.9.36%, Information Technology.8.2%, Materials.4.5%, Financials.1.47%, Energy.1.06%, Communication Services.0.38%, Utilities.

Geographic Allocation

has a donut chart divided into 10 ranges. Ranges are: 22.58%, Switzerland.21.56%, United Kingdom.14.61%, France.11.34%, Netherlands.10.35%, Denmark.6.84%, Sweden.4.45%, Germany.1.99%, Italy.1.86%, Finland.4.42%, Other.

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