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Overview

Fund Profile

Key Facts

Fund Ticker ZLD
Net Assets (Mn)
(Sep 18, 2019)
$ 84.41
Base Currency CAD
Closing Market Price $ 25.11
12-Month Low/High (Market Price) $ 22.07 / $ 25.47
Closing NAV Price
(Sep 18, 2019)
$ 25.0247
12-Month Low/High (Price (NAV)) $ 22.3961 / $ 25.3002
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.

2.24%
Swap Fee -
Counterparty Exposure  -
Maximum Annual Management Fee 0.40%
Management Expense Ratio 0.45%
Market Volume 11,849
Distribution Frequency Quarterly
Options Available No
Inception Date Feb 10, 2016
Fiscal Year-End December 31
Units Outstanding (000's) 3,373
Index -
Market Cap ($Bn)
(Aug 30, 2019)
2,699.13
Exchange TSX
CUSIP 05582R105
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

BMO Low Volatility International Equity Hedged to CAD ETF has been designed to provide exposure to a low beta weighted portfolio of international stocks in developed countries outside of North America. Beta measures the security's sensitivity to market movements. The ETF utilizes a rules based methodology to build a portfolio of less market sensitive stocks from a universe of international large cap stocks. The foreign currency exposure is hedged back to the Canadian dollar. The underlying portfolio is rebalanced in June and reconstituted in December. In addition, as ZLD is a fund of fund, the management fees charged are reduced by those accrued in the underlying funds.

Fund Benefits

  • Designed for investors looking for growth solutions
  • Exposure to diversified international equities
  • Holdings consist of International equities with lower volatility than the market
  • 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)
$ 84.41
Market Price $ 25.11
12-Month Low/High (Market Price) $ 22.07 / $ 25.47
Price (NAV) $ 25.0247
12-Month Low/High (Price (NAV)) $ 22.3961 / $ 25.3002
Distribution Frequency Quarterly

Daily Prices

Unit Price as of
(Sep 18, 2019)
1 Day Change 1 Day % Change
Market Price $ 25.11 $ 0.06 0.24%
Price (NAV) $ 25.0247 $ 0.0178 0.07%

Performance

Annualized Performance

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

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 4.40% 7.59% 8.25% - - 9.57%
Index - - - - - -
Calendar Performance

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

YTD 2018 2017 2016
NAV 10.61% 1.04% 12.60% 9.96%
Index - - - -
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 10.61% -0.54% 2.42% 2.81% 4.40% 15.75% 26.86% - - 38.37%
Index - - - - - - - - - -

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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, 2019 Mar 27, 2019 Mar 28, 2019 Apr 02, 2019 0.140000 0.000000 0.140000
Jun, 2019 Jun 26, 2019 Jun 27, 2019 Jul 03, 2019 0.140000 0.000000 0.140000
Sep, 2019 Sep 26, 2019 Sep 27, 2019 Oct 02, 2019 - - -
Dec, 2019 Dec 27, 2019 Dec 30, 2019 Jan 03, 2020 - - -
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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 Sep 18, 2019

Stock

99.81%

Cash and Cash Equivalents

0.19%

Number of Holdings

2

Total Net Assets

$ 84,408,178.00


Download Holdings (Excel)
No column selected.
Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
99.81% BMO LOW VOLATILITY INTERNATIONAL EQUITY ETF CA05581C1095 ZLI 3,372,719 CAD 84,250,453 - Stock
0.19% CASH - - 1 CAD 157,735 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

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