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Overview

Fund Profile

Key Facts

Fund Ticker ZEQ
Net Assets (Mn)
(Mar 27, 2020)
$ 201.83
Base Currency CAD
Closing Market Price $ 19.52
12-Month Low/High (Market Price) $ 17.75 / $ 25.05
Closing NAV Price
(Mar 27, 2020)
$ 19.5400
12-Month Low/High (Price (NAV)) $ 17.9332 / $ 25.0017
Annualized Distribution Yield
(Mar 20, 2020)

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

2.59%
Swap Fee -
Counterparty Exposure  -
Maximum Annual Management Fee 0.40%
Management Expense Ratio 0.45%
Market Volume 31,171
Distribution Frequency Quarterly
Options Available Yes
Inception Date Feb 10, 2014
Fiscal Year-End December 31
Units Outstanding (000's) 10,329
Index MSCI Europe Quality 100% Hedged to CAD Index
Market Cap ($Bn)
(Feb 28, 2020)
5,853.01
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)
(Mar 27, 2020)
$ 201.83
Market Price $ 19.52
12-Month Low/High (Market Price) $ 17.75 / $ 25.05
Price (NAV) $ 19.5400
12-Month Low/High (Price (NAV)) $ 17.9332 / $ 25.0017
Distribution Frequency Quarterly

Daily Prices

Unit Price as of
(Mar 27, 2020)
1 Day Change 1 Day % Change
Market Price $ 19.52 $ -0.81 -3.98%
Price (NAV) $ 19.5400 $ -0.9239 -4.51%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Feb 28, 2020

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 13.18% 10.45% 8.37% 7.11% - 9.21%
Index 12.76% 10.39% 8.69% 7.51% - 9.74%
Calendar Performance

Calendar Year Performance (%) for period ending: Feb 28, 2020

YTD 2019 2018 2017 2016 2015 2014
NAV -6.40% 32.88% -6.48% 14.79% 5.80% 9.68% 9.99%
Index -7.15% 33.55% -6.12% 15.61% 6.15% 10.26% 11.44%
Cumulative Performance

Cumulative Performance (%) for period ending: Feb 28, 2020

YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -6.40% -6.23% -4.46% 1.03% 13.18% 21.98% 27.25% 40.99% - 70.42%
Index -7.15% -7.20% -5.27% 0.48% 12.76% 21.85% 28.41% 43.65% - 75.55%

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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.

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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, 2020 Mar 27, 2020 Mar 30, 2020 Apr 02, 2020 0.120000 0.000000 0.120000
Jun, 2020 Jun 26, 2020 Jun 29, 2020 Jul 06, 2020 - - -
Sep, 2020 Sep 28, 2020 Sep 29, 2020 Oct 02, 2020 - - -
Dec, 2020 Dec 29, 2020 Dec 30, 2020 Jan 05, 2021 - - -
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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 Mar 27, 2020

Stock

103.62%

Cash and Cash Equivalents

-3.62%

Number of Holdings

126

Total Net Assets

$ 211,371,933.00


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Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
6.39% ROCHE HOLDING AG CH0012032048 ROG 29,638 CHF 12,904,993 Health Care Stock
6.07% NOVO NORDISK A/S DK0060534915 NOVOB 153,952 DKK 12,255,514 Health Care Stock
5.97% NESTLE SA CH0038863350 NESN 84,174 CHF 12,041,911 Consumer Staples Stock
5.46% NOVARTIS AG CH0012005267 NOVN 98,775 CHF 11,016,936 Health Care Stock
5.06% ASTRAZENECA PLC GB0009895292 AZN 86,196 GBP 10,215,172 Health Care Stock
4.20% LVMH MOET HENNESSY LOUIS VUITTON SE FR0000121014 MC 15,994 EUR 8,486,809 Consumer Discretionary Stock
4.17% ASML HOLDING NV NL0010273215 ASML 23,600 EUR 8,412,026 Information Technology Stock
3.35% DIAGEO PLC GB0002374006 DGE 154,713 GBP 6,769,557 Consumer Staples Stock
3.15% UNILEVER NV NL0000388619 UNA 95,885 EUR 6,350,147 Consumer Staples Stock
2.51% L'OREAL SA FR0000120321 OR 13,574 EUR 5,063,008 Consumer Staples Stock
2.48% UNILEVER PLC GB00B10RZP78 ULVR 73,164 GBP 5,010,132 Consumer Staples Stock
2.01% RIO TINTO PLC GB0007188757 RIO 65,931 GBP 4,047,447 Materials Stock
1.98% ADIDAS AG DE000A1EWWW0 - 12,240 EUR 3,998,914 - Stock
1.94% AIRBUS SE NL0000235190 AIR 36,972 EUR 3,910,788 Industrials Stock
1.68% RELX PLC GB00B2B0DG97 REL 115,075 GBP 3,393,932 Industrials Stock
1.62% KERING SA FR0000121485 KER 4,379 EUR 3,261,022 Consumer Discretionary Stock
1.37% INDUSTRIA DE DISENO TEXTIL SA ES0148396007 ITX 77,194 EUR 2,756,525 Consumer Discretionary Stock
1.32% PROSUS NV NL0013654783 PRX 27,238 EUR 2,665,583 Consumer Discretionary Stock
1.16% COMPASS GROUP PLC GB00BD6K4575 CPG 111,972 GBP 2,342,778 Consumer Discretionary Stock
1.14% ATLAS COPCO AB SE0011166610 ATCOA 51,671 SEK 2,294,179 Industrials Stock
1.08% HERMES INTERNATIONAL FR0000052292 RMS 2,172 EUR 2,176,877 Consumer Discretionary Stock
1.01% EXPERIAN PLC GB00B19NLV48 EXPN 50,944 GBP 2,033,811 Industrials Stock
1.01% KONE OYJ FI0009013403 KNEBV 25,910 EUR 2,030,513 Industrials Stock
1.00% LONDON STOCK EXCHANGE GROUP PLC GB00B0SWJX34 LSE 16,619 GBP 2,010,847 Financials Stock
0.99% GIVAUDAN SA CH0010645932 - 477 CHF 2,005,928 - Stock
0.97% COLOPLAST A/S DK0060448595 COLOB 10,162 DKK 1,952,715 Health Care Stock
0.92% FERRARI NV NL0011585146 RACE 8,730 EUR 1,862,535 Consumer Discretionary Stock
0.90% AMADEUS IT GROUP SA ES0109067019 AMS 26,505 EUR 1,819,928 Information Technology Stock
0.87% BAE SYSTEMS PLC GB0002634946 BA/ 195,670 GBP 1,758,568 Industrials Stock
0.86% GEBERIT AG CH0030170408 GEBN 2,768 CHF 1,728,792 Industrials Stock
0.80% DSV PANALPINA A/S DK0060079531 DSV 13,191 DKK 1,613,467 Industrials Stock
0.75% PARTNERS GROUP HOLDING AG CH0024608827 PGHN 1,546 CHF 1,503,868 Financials Stock
0.72% IMPERIAL BRANDS PLC GB0004544929 IMB 63,139 GBP 1,454,594 Consumer Staples Stock
0.70% WOLTERS KLUWER NV NL0000395903 WKL 15,225 EUR 1,411,572 Industrials Stock
0.64% FERGUSON PLC JE00BJVNSS43 FERG 14,647 GBP 1,295,638 Industrials Stock
0.64% KERRY GROUP PLC IE0004906560 KYG 8,471 EUR 1,284,250 Consumer Staples Stock
0.63% ASSA ABLOY AB SE0007100581 ASSAB 52,117 SEK 1,270,886 Industrials Stock
0.63% INFINEON TECHNOLOGIES AG DE0006231004 IFX 60,283 EUR 1,261,952 Information Technology Stock
0.61% SGS SA CH0002497458 SGSN 379 CHF 1,231,922 Industrials Stock
0.61% SMITH & NEPHEW PLC GB0009223206 SN/ 49,311 GBP 1,225,748 Health Care Stock
0.60% LEGRAND SA FR0010307819 LR 13,532 EUR 1,201,342 Industrials Stock
0.58% VESTAS WIND SYSTEMS A/S DK0010268606 VWS 10,182 DKK 1,161,657 Industrials Stock
0.57% ATLAS COPCO AB SE0011166628 ATCOB 30,026 SEK 1,155,004 Industrials Stock
0.56% LEGAL & GENERAL GROUP PLC GB0005603997 LGEN 312,347 GBP 1,138,086 Financials Stock
0.55% SANDVIK AB SE0000667891 SAND 56,236 SEK 1,102,125 Industrials Stock
0.50% HENKEL AG & CO KGAA PFD DE0006048432 - 9,024 EUR 1,005,148 Consumer Staples Stock
0.49% UPM-KYMMENE OYJ FI0009005987 UPM 27,643 EUR 989,782 Materials Stock
0.48% CIE GENERALE DES ETABLISSEMENTS MICHELIN SCA FR0000121261 ML 8,182 EUR 965,740 Consumer Discretionary Stock
0.48% NOVOZYMES A/S DK0060336014 NZYMB 15,138 DKK 959,556 Materials Stock
0.48% WIRECARD AG DE0007472060 WDI 6,239 EUR 963,708 Information Technology Stock
0.46% INTERTEK GROUP PLC GB0031638363 ITRK 11,407 GBP 936,296 Industrials Stock
0.44% KUEHNE & NAGEL INTERNATIONAL AG CH0025238863 KNIN 4,616 CHF 892,064 Industrials Stock
0.44% SAMPO OYJ FI0009003305 SAMPO 22,241 EUR 888,746 Financials Stock
0.43% BT GROUP PLC GB0030913577 BT/A 421,921 GBP 877,162 Communication Services Stock
0.43% HENNES & MAURITZ AB SE0000106270 HMB 49,697 SEK 861,763 Consumer Discretionary Stock
0.41% SCHINDLER HOLDING AG CH0024638196 SCHP 2,698 CHF 830,726 Industrials Stock
0.40% SONOVA HOLDING AG CH0012549785 SOON 3,213 CHF 811,566 Health Care Stock
0.38% ASHTEAD GROUP PLC GB0000536739 AHT 25,968 GBP 760,476 Industrials Stock
0.38% PERSIMMON PLC GB0006825383 PSN 23,714 GBP 763,570 Consumer Discretionary Stock
0.37% ADYEN NV NL0012969182 ADYEN 607 EUR 743,131 Information Technology Stock
0.37% BEIERSDORF AG DE0005200000 BEI 5,312 EUR 756,406 Consumer Staples Stock
0.37% HALMA PLC GB0004052071 HLMA 22,582 GBP 743,463 Information Technology Stock
0.35% ELISA OYJ FI0009007884 ELISA 8,467 EUR 710,031 Communication Services Stock
0.35% MONCLER SPA IT0004965148 MONC 13,954 EUR 716,341 Consumer Discretionary Stock
0.34% CHR HANSEN HOLDING A/S DK0060227585 CHR 6,747 DKK 691,115 Materials Stock
0.34% MONDI PLC GB00B1CRLC47 MNDI 30,078 GBP 694,624 Materials Stock
0.34% MTU AERO ENGINES AG DE000A0D9PT0 MTX 2,961 EUR 678,828 Industrials Stock
0.34% SAGE GROUP PLC/THE GB00B8C3BL03 SGE 66,253 GBP 680,800 Information Technology Stock
0.34% THALES SA FR0000121329 HO 6,100 EUR 687,409 Industrials Stock
0.33% 3I GROUP PLC GB00B1YW4409 III 50,425 GBP 656,474 Financials Stock
0.32% TEMENOS AG CH0012453913 TEMN 3,654 CHF 646,629 Information Technology Stock
0.32% RENTOKIL INITIAL PLC GB00B082RF11 RTO 102,877 GBP 648,402 Industrials Stock
0.31% CRODA INTERNATIONAL PLC GB00BJFFLV09 CRDA 8,598 GBP 624,704 Materials Stock
0.30% BURBERRY GROUP PLC GB0031743007 BRBY 26,631 GBP 614,361 Consumer Discretionary Stock
0.30% EPIROC AB SE0011166933 EPIA 45,931 SEK 602,730 Industrials Stock
0.30% HARGREAVES LANSDOWN PLC GB00B1VZ0M25 HL/ 25,358 GBP 599,069 Financials Stock
0.30% SPIRAX-SARCO ENGINEERING PLC GB00BWFGQN14 SPX 4,356 GBP 602,619 Industrials Stock
0.29% ADMIRAL GROUP PLC GB00B02J6398 ADM 15,097 GBP 589,955 Financials Stock
0.29% NEXT PLC GB0032089863 NXT 8,485 GBP 592,219 Consumer Discretionary Stock
0.28% ASSOCIATED BRITISH FOODS PLC GB0006731235 ABF 18,017 GBP 566,456 Consumer Staples Stock
0.28% CHOCOLADEFABRIKEN LINDT & SPRUENGLI AG CH0010570767 LISP 50 CHF 557,830 Consumer Staples Stock
0.28% CHOCOLADEFABRIKEN LINDT & SPRUENGLI AG CH0010570759 LISN 5 CHF 573,383 Consumer Staples Stock
0.28% CONTINENTAL AG DE0005439004 CON 5,632 EUR 569,506 Consumer Discretionary Stock
0.28% KINGSPAN GROUP PLC IE0004927939 KSP 7,969 EUR 567,840 Industrials Stock
0.27% STRAUMANN HOLDING AG CH0012280076 STMN 524 CHF 544,346 Health Care Stock
0.26% HENKEL AG & CO KGAA DE0006048408 HEN 5,262 EUR 528,834 Consumer Staples Stock
0.25% BUNZL PLC GB00B0744B38 BNZL 19,484 GBP 513,486 Industrials Stock
0.25% M&G PLC GB00BKFB1C65 MNG 211,717 GBP 496,130 Financials Stock
0.24% ADECCO GROUP AG CH0012138605 ADEN 8,961 CHF 486,125 Industrials Stock
0.24% EMS-CHEMIE HOLDING AG CH0016440353 EMSN 579 CHF 494,478 Materials Stock
0.22% BARRATT DEVELOPMENTS PLC GB0000811801 BDEV 56,642 GBP 446,615 Consumer Discretionary Stock
0.22% BERKELEY GROUP HOLDINGS PLC GB00B02L3W35 BKG 7,132 GBP 452,429 Consumer Discretionary Stock
0.22% FINECOBANK BANCA FINECO SPA IT0000072170 FBK 34,605 EUR 443,286 Financials Stock
0.22% KNORR-BREMSE AG DE000KBX1006 KBX 3,707 EUR 439,703 Industrials Stock
0.22% SARTORIUS STEDIM BIOTECH FR0013154002 DIM 1,692 EUR 449,461 Health Care Stock
0.22% SIEMENS HEALTHINEERS AG DE000SHL1006 SHL 8,584 EUR 446,644 Health Care Stock
0.21% TAYLOR WIMPEY PLC GB0008782301 TW/ 206,583 GBP 431,055 Consumer Discretionary Stock
0.20% ALFA LAVAL AB SE0000695876 ALFA 16,414 SEK 403,537 Industrials Stock
0.20% SKANSKA AB SE0000113250 SKAB 19,268 SEK 405,734 Industrials Stock
0.20% ST JAMES'S PLACE PLC GB0007669376 STJ 30,071 GBP 402,922 Financials Stock
0.19% COVESTRO AG DE0006062144 1COV 8,868 EUR 375,737 Materials Stock
0.19% ORION OYJ FI0009014377 ORNBV 7,103 EUR 392,163 Health Care Stock
0.19% RECORDATI SPA IT0003828271 REC 6,916 EUR 390,225 Health Care Stock
0.19% SCHINDLER HOLDING AG CH0024638212 SCHN 1,351 CHF 389,033 Industrials Stock
0.19% SKF AB SE0000108227 SKFB 21,206 SEK 379,115 Industrials Stock
0.18% BOLIDEN AB SE0012455673 BOL 14,886 SEK 360,274 Materials Stock
0.18% DIRECT LINE INSURANCE GROUP PLC GB00BY9D0Y18 DLG 73,991 GBP 368,218 Financials Stock
0.18% EPIROC AB SE0011166941 EPIB 27,543 SEK 363,399 Industrials Stock
0.18% JERONIMO MARTINS SGPS SA PTJMT0AE0001 JMT 14,363 EUR 359,207 Consumer Staples Stock
0.17% PANDORA A/S DK0060252690 PNDORA 7,549 DKK 342,337 Consumer Discretionary Stock
0.16% ITV PLC GB0033986497 ITV 269,344 GBP 313,977 Communication Services Stock
0.16% JOHNSON MATTHEY PLC GB00BZ4BQC70 JMAT 10,282 GBP 314,710 Materials Stock
0.16% RANDSTAD NV NL0000379121 RAND 6,635 EUR 322,555 Industrials Stock
0.16% COCA-COLA HBC AG CH0198251305 CCH 11,702 GBP 331,714 Consumer Staples Stock
0.15% GJENSIDIGE FORSIKRING ASA NO0010582521 GJF 13,394 NOK 304,480 Financials Stock
0.13% COLRUYT SA BE0974256852 COLR 3,323 EUR 257,251 Consumer Staples Stock
0.12% WARTSILA OYJ ABP FI0009003727 WRT1V 24,148 EUR 241,617 Industrials Stock
0.12% JD SPORTS FASHION PLC GB00BYX91H57 JD/ 30,142 GBP 250,370 Consumer Discretionary Stock
0.10% FUCHS PETROLUB SE PFD DE0005790430 - 4,187 EUR 200,829 Materials Stock
0.10% NOKIAN RENKAAT OYJ FI0009005318 TYRES 7,321 EUR 196,725 Consumer Discretionary Stock
0.09% IPSEN SA FR0010259150 IPN 2,345 EUR 177,190 Health Care Stock
0.08% DEMANT A/S DK0060738599 DEMANT 5,844 DKK 170,944 Health Care Stock
0.08% FAURECIA SE FR0000121147 EO 3,877 EUR 159,859 Consumer Discretionary Stock
0.08% TUI AG DE000TUAG000 TUI 23,972 GBP 153,441 Consumer Discretionary Stock
0.06% HOCHTIEF AG DE0006070006 HOT 1,412 EUR 128,849 Industrials Stock
-3.62% CASH - - 1 CAD -7,310,943 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

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